The municipality of Celje has secured more than 1 million euros in non-repayable funding from Slovenia’s Ministry of Environment, Climate and Energy under the Recovery and Resilience Plan. The funds will be used to install solar power systems on 11 public buildings, including schools, kindergartens, the health center, the summer swimming pool, and the Z’dezele […]
Serbia: Gazprom transfers NIS stake to subsidiary ahead of US sanctions deadline Read More »
Russian company Gazprom has formally withdrawn as a shareholder in Serbian oil company NIS, transferring its 11.3 percent stake to another Russian firm, Intelligence, just days before U.S. sanctions against NIS are scheduled to take effect on September 26. After the transaction, GazpromNeft remains the largest shareholder with 44.85 percent, the Serbian government holds 29.87
Serbia: New long-term gas deal with Gazprom expected in October Read More »
Serbia is expected to sign a new long-term natural gas agreement with Russian company Gazprom in October, extending the current supply arrangement until the end of that month. Srbijagas director Dušan Bajatović said the existing contract will remain valid under the same terms, including the oil-indexed pricing formula and additional supply volumes. He assured that
Albania: ERE opens licensing for Voltalia’s 100 MW Spitalla solar project Read More »
Albania’s energy regulator ERE has launched the licensing process for a 100 MW solar project being developed by French renewable energy company Voltalia near the Adriatic port city of Durres. This is the company’s second large-scale solar initiative in the country. The regulator announced that stakeholders have 30 days to comment on the application. The
Greece: Fifth auction for Route 1 gas capacity fails to attract bidders Read More »
The latest auction for the special capacity product known as Route 1, designed for transporting natural gas from Greece to Ukraine through the Vertical Corridor, once again drew no participants. This was the fifth attempt, following similar results in earlier rounds. Analysts note that the lack of interest is linked to temporary circumstances rather than
Slovenia’s gas transmission network is projected to handle around 10 TWh of natural gas in 2025, reflecting a 5 percent increase in consumption during the first half of the year compared to the same period in 2024. Several large-scale investments are underway to boost both domestic transmission capacity and cross-border transit potential. Plinovodi CEO Marjan
Serbia: Gazprom sells 11.3% stake in oil company NIS amid US sanctions Read More »
Russian energy giant Gazprom has sold its entire direct stake of 11.3 percent minus one share in Serbian oil company NIS, leaving it with just a single share compared to over 18.4 million before the transaction. The sale comes amid US sanctions targeting Russian ownership in the Serbian energy sector. The stake was acquired by
Serbia: Turkish firm Fortis Energy plans 270 MW solar power plant in Sremska Mitrovica Read More »
Turkish company Fortis Energy is set to begin construction of a large solar power plant in Sremska Mitrovica next spring. The project will be situated on private land in the Macva region, along the road to Drenovac. The construction permit has already been obtained, and approval for energy transmission is expected within the next three
Retele Electrice Romania has launched a public procurement process for network upgrade works in Dobrogea, with the tender valued at up to 13.2 million euros, excluding VAT. The project aims to expand distribution capacity, ensuring the necessary technical conditions to connect new consumers and integrate decentralized electricity generation. The tender includes a wide range of
Montenegro launches third tender for Otilovici small hydropower plant construction Read More »
Montenegrin state-owned power company EPCG has launched a third tender for the design and construction of the Otilovici small hydropower plant (SHPP). The project’s value remains the same as in previous attempts, set at 7 million euros excluding VAT, or 8.47 million euros including VAT. The project includes preparing the main design, constructing the facilities,
