Romania: Helleniq Renewables expands portfolio with 282 MW wind projects Read More »

Romania: Helleniq Renewables expands portfolio with 282 MW wind projects

Helleniq Renewables Romania, the local subsidiary of Greek company Helleniq Energy, has acquired two utility-scale projects as part of its strategy to strengthen its presence in Romania’s electricity sector. The acquisitions include a 96 MW ready-to-build wind farm in Galati county, purchased from OX2, which is expected to begin construction soon with commercial operations targeted […]

Montenegro considers storing part of mandatory oil reserves abroad amid delays at Bar Terminal Read More »

Montenegro considers storing part of mandatory oil reserves abroad amid delays at Bar Terminal

Montenegro is considering storing a portion of its mandatory oil reserves abroad if an agreement cannot be reached to use Jugopetrol’s tanks at the Port of Bar. Potential options under discussion include Italy, Croatia, Slovenia, and Greece, where the government is seeking formal cooperation and host approvals. State-owned storage at the Bar Terminal remains the

Montenegro household electricity consumption rises in July 2025 despite lower yearly usage Read More »

Montenegro household electricity consumption rises in July 2025 despite lower yearly usage

In July 2025, the average household electricity bill in Montenegro was 65.3 euros. Of households, 58.5% will pay less than 30 euros, 18.05% between 30 and 50 euros, 17% between 50 and 100 euros, and 6.45% will receive bills above 100 euros. A total of 193,800 regularly paying customers, representing approximately 47.85% of all consumers,

Greece: Quest Holdings to sell 36.7 MW of solar assets as household electricity bills rise Read More »

Greece: Quest Holdings to sell 36.7 MW of solar assets as household electricity bills rise

Quest Holdings has signed a binding agreement to sell 36.7 MW of operating solar assets in Greece for approximately 36 million euros. The transaction will be carried out by its subsidiary Quest Energy, with the portfolio transferring to an undisclosed international independent electricity producer outside the Quest Group. The solar plants involved in the deal

Greece: Gastrade restarts Alexandroupoli LNG terminal at reduced capacity Read More »

Greece: Gastrade restarts Alexandroupoli LNG terminal at reduced capacity

Gastrade has resumed unloading and regasification operations at the Alexandroupoli LNG terminal, though at a reduced capacity. Daily regasification is currently limited to up to 45.4 GWh/day, supported by backup high-pressure pumps that cover only 25% of the terminal’s nominal gasification capacity. The capacity cap is expected to be lifted at the start of the

Bosnia and Herzegovina: RS Government urges urgent measures to address rising voltage in power grid Read More »

Bosnia and Herzegovina: RS Government urges urgent measures to address rising voltage in power grid

The Government of the Republic of Srpska (RS), at its latest session, reviewed the issue of rising voltage levels in the transmission network, warning that the problem could lead to serious disruptions in the electricity system, the economy, and households in RS and Bosnia and Herzegovina, as well as impact interconnected grids. The cabinet called

Romania investigates suspected sabotage of Azerbaijani crude threatening refinery operations Read More »

Romania investigates suspected sabotage of Azerbaijani crude threatening refinery operations

Romanian officials are investigating a suspected sabotage incident involving Azerbaijani crude oil destined for OMV Petrom’s Petrobrazi refinery. The crude, transported via the Baku-Tbilisi-Ceyhan (BTC) pipeline through Azerbaijan, Georgia, and Turkey before shipment to Romania, was found to contain dangerously high levels of chlorine. This contamination posed a significant corrosion risk to refinery equipment and

Romania: OX2 sells 96 MW wind farm to Helleniq Renewables backed by long-term PPA Read More »

Romania: OX2 sells 96 MW wind farm to Helleniq Renewables backed by long-term PPA

OX2 has agreed to sell a 96 MW onshore wind farm in eastern Romania to Helleniq Renewables, a subsidiary of Greek company Helleniq Energy. The project is backed by a long-term virtual power purchase agreement (PPA) with international retailer Ahold Delhaize. The wind farm will feature 15 Vestas turbines, each with a capacity of 6.4

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