companies

Serbia: Solarina signs agreements with EPS for 150 MW solar power plant Read More »

Serbia: Solarina signs agreements with EPS for 150 MW solar power plant

Solarina, a local company owned by CWP Europe, has signed agreements with Serbia’s state-owned power utility, EPS, concerning the purchase of electricity, the transfer of balancing responsibility, and a market premium contract. These agreements stem from a recent renewable energy auction organized by the Serbian Government. As part of the auction, Solarina secured the right […]

Serbia and Russia move closer to finalizing new gas supply agreement Read More »

Serbia and Russia move closer to finalizing new gas supply agreement

Following official discussions between the Presidents of Serbia and Russia in Moscow, representatives from Srbijagas and Gazprom have resumed negotiations to finalize a new gas supply agreement, with the current contract set to expire at the end of May. Dusan Bajatovic, General Director of Srbijagas, stated that the new agreement could last for up to

Romania: Alerion Clean Power secures €18.5 million loan for 35 MW solar plant Read More »

Romania: Alerion Clean Power secures €18.5 million loan for 35 MW solar plant

Italian renewable energy company Alerion Clean Power has obtained €18.5 million in financing from Banca Comerciala Romana (BCR) to support the construction of a new photovoltaic plant in Călărași County, Romania. The facility will have an installed capacity of 35 MW and represents a total investment of €26.8 million. The loan is scheduled to mature

Montenegro: CGES doubles Q1 profit in 2025 on higher revenues and stable costs Read More »

Montenegro: CGES doubles Q1 profit in 2025 on higher revenues and stable costs

Montenegro’s electricity transmission system operator CGES posted a net profit of 7.7 million euros in the first quarter of 2025, nearly doubling the 3.9 million euros recorded in the same period last year. According to the company’s financial report, net sales in the first three months of 2025 reached 25.9 million euros, representing a 12.6

Montenegro: Pljevlja Coalmine posts strong Q1 2025 results with profit nearly doubling Read More »

Montenegro: Pljevlja Coalmine posts strong Q1 2025 results with profit nearly doubling

Pljevlja Coalmine recorded a net profit of 6.3 million euros in the first quarter of 2025, marking a significant increase compared to the 3.7 million euros earned during the same period in 2024. According to the company’s financial report, sales revenues reached 18.7 million euros in the first three months of the year, up by

Hungary: Holcim commissions 28.5 MW solar plant to power cement facility and advance green goals Read More »

Hungary: Holcim commissions 28.5 MW solar plant to power cement facility and advance green goals

A new solar power plant with an installed capacity of approximately 28.5 megawatts has been commissioned at Holcim Hungary’s cement facility in Királyegyháza, located in southwestern Hungary near Pécs. Developed by ID Energy Group, the plant is expected to provide nearly one-third of the electricity needed for the cement factory’s operations. Holcim Hungary stated that

Greece: Uncertainty grows around Crete–Cyprus electricity link amid geopolitical and financial pressures Read More »

Greece: Uncertainty grows around Crete–Cyprus electricity link amid geopolitical and financial pressures

The future of the major submarine electricity interconnection between Crete and Cyprus, known as the Great Sea Interconnector, is now uncertain due to financial difficulties and geopolitical tensions. In response, Greek authorities and the transmission network operator ADMIE are considering an alternative plan to redirect the under-construction cable to the Aegean Sea. The situation developed

Romania: Yesilyurt Enerji to acquire 41 MW solar project in as part of European expansion Read More »

Romania: Yesilyurt Enerji to acquire 41 MW solar project in as part of European expansion

Turkish company Yesilyurt Enerji is set to acquire a 41 MW solar project in Dâmbovița County, southern Romania. The project has reached the “ready-to-build” phase, meaning that construction can begin as all necessary permits have been secured. Founded in 2010, Yesilyurt Enerji began producing electricity in 2013 with the construction of a gas-fired power plant

Romania: Alive Capital develops 23 MW solar power plant with energy storage component Read More »

Romania: Alive Capital develops 23 MW solar power plant with energy storage component

Since 2013, the Romanian company Alive Capital has been providing integrated management services to renewable energy producers. Recently, the company completed the development of a solar power plant with an installed capacity of 23 MW, supported by funding from the National Recovery and Resilience Plan (PNRR). The Da Vinci New Project, located in Nanov, Teleorman

Croatia: HROTE, ENNA and CROPEX announce wind power guarantee of origin auctions for May 20, 2025 Read More »

Croatia: HROTE, ENNA and CROPEX announce wind power guarantee of origin auctions for May 20, 2025

HROTE, ENNA, and CROPEX have announced upcoming auctions for Guarantees of Origin (GOs) to be held on May 20, 2025. The auctions will be conducted through CROPEX’s IT trading platform and will feature GOs from electricity generated by wind power plants. HROTE will offer a total of 226,961 Guarantees of Origin for electricity produced under

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