Croatia: Krk LNG terminal receives 125th cargo as capacity expansion nears Read More »

Croatia: Krk LNG terminal receives 125th cargo as capacity expansion nears

LNG Hrvatska has marked the arrival of the 125th cargo at the Krk LNG terminal, delivered by the LNG carrier Assos operated by Capital Gas. Although the operator did not reveal the shipment’s origin or destination, vessel tracking indicates it departed from the Freeport LNG terminal in Texas, USA. The terminal reached its 100th cargo […]

Albania: Blue 1 solar power plant generates 118 GWh in first year, powering nearly 15,000 homes Read More »

Albania: Blue 1 solar power plant generates 118 GWh in first year, powering nearly 15,000 homes

Blue 1, a 50 MW solar power plant developed by Albanian companies Matrix Konstruksion and Blessed Investment near Fier, generated 118 GWh of electricity in its first year of operation. According to operations and maintenance partner Abkons, the output matches the developers’ annual forecast and can supply around 14,750 households. The facility has been fully

Region: ICGB expands Vertical Gas Corridor with new routes to boost regional energy security and supply to Ukraine Read More »

Region: ICGB expands Vertical Gas Corridor with new routes to boost regional energy security and supply to Ukraine

ICGB, the operator of the Greece-Bulgaria gas interconnector (IGB pipeline), will launch two new cross-border capacity routes to improve regional energy security and expand direct transmission access from northern Greece to Ukraine. The new pathways, Route 2 and Route 3, were developed in cooperation with the transmission system operators of Greece, Bulgaria, Romania, Moldova and

Europe: Electricity prices drop in early August, while Italy and Iberian markets see sharp increases Read More »

Europe: Electricity prices drop in early August, while Italy and Iberian markets see sharp increases

In the first week of August, average electricity prices fell in most major European markets compared to the previous week. The exceptions were Italy’s IPEX market and Spain and Portugal’s MIBEL market, which rose by 3.5%, 57%, and 59%, respectively. The largest percentage drop was recorded in the Nordic Nord Pool market, down 76%. Other

Europe: Electricity demand falls in early August but forecasts point to rebound Read More »

Europe: Electricity demand falls in early August but forecasts point to rebound

In the week of August 4, electricity demand fell in most major European markets compared to the previous week. The largest declines were in Great Britain, down 7.1%, and Italy, down 6.9%, while Germany registered the smallest drop at 0.5%. France and Portugal saw decreases of 1.5% and 2.2%, respectively. In France, Italy, and Great

Serbia discusses financing and next steps for Bistrica pumped-storage hydropower project with JICA Read More »

Serbia discusses financing and next steps for Bistrica pumped-storage hydropower project with JICA

Financing for the Bistrica pumped-storage hydropower plant was the main topic during a meeting between Serbia’s Energy and Mining Minister Dubravka Djedovic and a delegation from the Japan International Cooperation Agency (JICA). The discussion took place during JICA’s fourth expert mission to Serbia and reviewed preliminary project valuations prepared by the agency’s consultants. Minister Djedovic

Romania: Simtel Team to build 60 MW solar power plant for Verbund’s Casimcea hybrid project Read More »

Romania: Simtel Team to build 60 MW solar power plant for Verbund’s Casimcea hybrid project

Simtel Team has signed an Engineering, Procurement, and Construction (EPC) contract valued at over 19 million euros, excluding VAT, with Verbund Wind Power Romania, a subsidiary of the Verbund Group, one of Europe’s leading renewable energy producers. The contract covers the design, construction, and commissioning of a 60.207 MW solar power plant in Casimcea, Tulcea

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