Hidroelectrica reported a net profit of approximately 319 million euros for the first half of 2025, down 41 percent from around 541 million euros in the same period last year. The decline was driven by reduced in-house generation and a greater reliance on market purchases to meet delivery commitments. Severe hydrological conditions affected output early […]
Nuclearelectrica posted a net profit of around 174 million euros in the first half of 2025, marking a 2.8 percent increase compared to the same period last year. EBITDA edged down by 0.5 percent, mainly due to a sharp rise in the Contribution to the Energy Transition Fund (CFTE), which climbed by roughly 100 million
Romania: EBRD weighs €40 million financing for 190 MW of new solar capacity Read More »
The European Bank for Reconstruction and Development (EBRD) is considering providing up to 40 million euros in financing to support the development of three solar power plants in Romania with a combined planned capacity of 189.7 MW. The funding would go to local special purpose vehicles Solar World, RB Solar Energy, and Energie Soleil, which
Montenegro: Over 200 MW of solar projects planned around Niksic Read More »
A wave of large solar projects is emerging around Niksic in western Montenegro, with several developers preparing to add significant capacity to the country’s renewable energy pipeline. Privately held S2P Tupan has submitted plans for a solar power plant of up to 90 MW and asked the Environmental Protection Agency to determine whether a full
Hungary: E.ON deploys mobile voltage regulator to support rooftop solar expansion Read More »
E.ON has introduced a mobile series voltage regulator on Hungary’s medium-voltage grid to address growing voltage fluctuations linked to the rapid expansion of rooftop solar. The first unit, installed between Letenye and Nagykanizsa on a rural feeder near Rigyac, represents an investment of 800,000 euros. Solar generation often peaks during the day when household demand
Bulgaria: EU greenhouse gas emissions rise in early 2025 Read More »
Eurostat’s latest data shows that Bulgaria recorded the largest increase in greenhouse gas emissions in the European Union during the first quarter, rising by 17.38 percent compared to January–March 2024. Across the EU-27, total emissions grew by 3.4 percent, reaching around 900 million tons of CO2-equivalents. Six other countries posted increases above 5 percent: Czechia
Romania: DRI secures €60 million financing for 126 MW Vacaresti solar project Read More »
DRI, the European renewables division of Ukrainian DTEK, has secured non-recourse financing of up to 60 million euros from UniCredit and Garanti BBVA for the Vacaresti solar project in Dambovita County. The financing package includes a 56 million euro long-term construction and term loan, a 4.4 million euro VAT facility, a Debt Service Reserve Facility,
Romanian electricity producer Hidroelectrica has launched a 31.6 million euro tender for the Tudor Vladimirescu solar power plant in Braila County. The 45 MW project, dormant since 2012 due to the company’s insolvency, covers 55 hectares of Hidroelectrica-owned land near high-voltage corridors and substations, facilitating grid connection. The contract includes full delivery of the project:
Montenegrin state-owned power company EPCG is set to launch a new tender in August for the small hydropower plant (SHPP) Otilovici, two years into a procurement process that has been canceled twice. Along with the new call, EPCG is considering involving international financial institutions as funding partners to ensure a bankable project. If the procedure
Greece: Solar surge in narrows wind’s lead, raising grid and market challenges Read More »
Data from Greece’s electricity transmission system operator ADMIE show a sharp acceleration in solar growth on the transmission network, challenging wind power’s long-standing dominance and raising concerns over midday overgeneration, curtailments and downward pressure on market prices. Renewable capacity on the transmission grid has reached 7,741 MW, supported by 699 MW of pumped-storage hydro. Wind
