Montenegro grants 24.5-year lignite concession to Pljevlja Coalmine Read More »

Montenegro grants 24.5-year lignite concession to Pljevlja Coalmine

The Montenegrin Government has granted a 24.5-year concession to the Pljevlja coalmine for the exploration and extraction of brown lignite at four sites in the Pljevlja municipality: Potrlica, Kalusici, Grevo, and Rabitlje. Under the agreement, the company will pay a fixed total fee of 64 million euros, divided into annual installments of 2.67 million euros […]

North Macedonia proposes higher rooftop solar limits and faster approval process Read More »

North Macedonia proposes higher rooftop solar limits and faster approval process

North Macedonia is preparing to raise the maximum capacity for rooftop solar installations to 10 kW for households and 70 kW for businesses, up from the current limits of 6 kW and 40 kW. The draft legislation also introduces strict timelines for permitting and grid connection. Under the proposal, authorities will be required to issue

Bulgaria: Westinghouse and MTG Dolphin partner on AP1000 reactor project at Kozloduy nuclear power plant Read More »

Bulgaria: Westinghouse and MTG Dolphin partner on AP1000 reactor project at Kozloduy nuclear power plant

Westinghouse Electric Company has signed its first contract with Bulgarian firm MTG Dolphin to support the construction of two AP1000 reactors at the Kozloduy nuclear power plant. Under the agreement, MTG Dolphin will establish a Nuclear Quality Assurance (NQA-1) framework, promote a strong safety culture, prepare engineering documentation for a prototype build, and may construct

Bulgaria: Private consortium eyes expansion of Chiren gas storage to boost regional energy security Read More »

Bulgaria: Private consortium eyes expansion of Chiren gas storage to boost regional energy security

A consortium led by US financier Stephen P. Lynch, along with investor Fei Wang, has approached Bulgarian authorities to explore participation in a government-backed project aimed at doubling the capacity of the Chiren underground gas storage facility. Currently, Chiren stores mainly Russian gas and plays a crucial role in balancing seasonal demand fluctuations. The proposed

Slovenia: HSE secures funding for Prapretno solar expansion and new project in Zagorje Read More »

Slovenia: HSE secures funding for Prapretno solar expansion and new project in Zagorje

Slovenia’s Ministry for Cohesion and Regional Development has awarded over 4 million euros from the Just Transition Fund to HSE for the expansion of its Prapretno solar power plant, specifically phases 2 and 3. Once fully completed, the site’s total capacity will reach 10 MW. HSE has increasingly focused its investments on renewable energy, with

Shikun and Binui launches first solar power plant in Romania, expands renewable energy portfolio Read More »

Shikun and Binui launches first solar power plant in Romania, expands renewable energy portfolio

Shikun and Binui, a long-time player in Romania’s real estate sector and an expanding investor in renewable energy, has received a commercial operation permit for its first solar project in the country—a 71 MW solar power plant located in Satu Mare. With the permit in place, Shikun and Binui Energy Satu Mare can now register

Croatia: Koncar Group reports strong H1 2025 growth, driven by exports and strategic investments Read More »

Croatia: Koncar Group reports strong H1 2025 growth, driven by exports and strategic investments

Končar Group reported consolidated sales of 636.8 million euros in the first half of 2025, marking a 33% increase compared to the same period last year. Exports accounted for 71.5% of total revenue. The book-to-bill ratio stood at 1.4, pushing the order backlog to a record-high 2.3 billion euros. Net profit rose to 129.2 million

Croatia: CROPEX sets new trading volume records on intraday markets Read More »

Croatia: CROPEX sets new trading volume records on intraday markets

New records were set on CROPEX’s intraday continuous and intraday auction markets in July 2025. The trading volume of 60-minute products reached 239,472.8 MWh, while the total monthly volume on the intraday continuous market, including 15-minute products, amounted to 288,659.6 MWh. The trading volume for IDA2 reached 10,465.6 MWh. These record-breaking results on the intraday

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