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Montenegro: EPCG secures €25.63 million EBRD loan to expand Gvozd wind farm capacity Read More »

Montenegro: EPCG secures €25.63 million EBRD loan to expand Gvozd wind farm capacity

Montenegrin state-owned power utility EPCG has obtained government approval to borrow 25.63 million euros from the European Bank for Reconstruction and Development (EBRD) to finance the second phase of the Gvozd wind farm, which will add 21 MW of capacity. The original Gvozd installation currently has 54.6 MW and is expected to generate approximately 150 […]

Bulgaria: Solaris Holding launches new 59.8 MW hybrid solar facility with battery storage Read More »

Bulgaria: Solaris Holding launches new 59.8 MW hybrid solar facility with battery storage

Solaris Holding, a joint venture between Bulgarian-German solar developer Sunotec and Eurohold Bulgaria, has commissioned its newest hybrid renewable energy facility near Selanovtsi, close to Vratsa in northwestern Bulgaria. The project covers nearly 38 hectares and includes a 59.8 MW solar power plant with over 103,000 panels, capable of supplying electricity to more than 22,000

Romania: Hidroelectrica awards contract for first floating solar power plant Read More »

Romania: Hidroelectrica awards contract for first floating solar power plant

Romanian electricity producer Hidroelectrica has awarded a contract for the development of its first floating solar power plant, a key component of the Nufarul pilot project. This initiative marks a major step for the company as it begins integrating floating photovoltaic technology into its renewable energy portfolio. The contract was awarded through an open public

Bulgaria: Bulgargaz proposes slightly higher wholesale gas price for July 2025 Read More »

Bulgaria: Bulgargaz proposes slightly higher wholesale gas price for July 2025

Bulgarian state-owned gas supplier Bulgargaz has proposed a wholesale natural gas price of approximately 33 euros per megawatt-hour (MWh) for July 2025. This represents a modest increase of 0.6% compared to the approved price for June, which stood at 32.8 euros/MWh — itself only 0.1% higher than the May rate. The proposed price is based

Albania approves 62 MW solar power plant led by Turkey’s Fortis Energy Read More »

Albania approves 62 MW solar power plant led by Turkey’s Fortis Energy

The Albanian government has approved the construction of a 62 MW solar power plant in the village of Tac Larte, situated in the southeastern part of the country. The project will be developed by Turkish renewable energy company Fortis Energy, representing another step in Albania’s push to expand its clean energy production. The newly approved

Romania: Eurowind Energy to build 220 MW solar park in Dâmbovița County Read More »

Romania: Eurowind Energy to build 220 MW solar park in Dâmbovița County

Danish renewable energy developer Eurowind Energy has announced plans to develop a large-scale solar park in Visina, Dâmbovița County. With an installed capacity of 220 MW, this will be the company’s largest project in Romania and one of the biggest solar ventures in the country. The investment is estimated at nearly 175 million euros. The

Montenegro: CGES declares 5 million euro dividend amid continued investment plans Read More »

Montenegro: CGES declares 5 million euro dividend amid continued investment plans

Montenegrin electricity transmission system operator CGES will distribute a gross dividend of 5 million euros to its shareholders, following approval at the company’s annual general meeting. The dividend payout comes after financial statements confirmed a net profit of 24.8 million euros for the previous fiscal year. The remaining 19.8 million euros will be retained as

Croatia: Zagreb public institutions switch natural gas supplier to MET Croatia Energy Trade Read More »

Croatia: Zagreb public institutions switch natural gas supplier to MET Croatia Energy Trade

Gradska plinara Zagreb-Opskrba (GPZO) will no longer supply natural gas to public institutions in Zagreb, marking another setback after losing its position as the primary household gas supplier last year. Following an extensive evaluation of bids for a public procurement contract valued at 14.5 million euros, a new supplier has been chosen. The contract was

Slovenia: MOL reconsiders operations amid new fuel price regulations Read More »

Slovenia: MOL reconsiders operations amid new fuel price regulations

Hungarian energy company MOL has raised concerns over Slovenia’s recent changes to fuel pricing regulations, warning that the new policy could destabilize the fuel market and compromise supply security. In a public statement, MOL announced it is reviewing its planned investments and business activities in Slovenia, though no specific decisions have been disclosed yet. The

Croatia: HEP upgrades submarine cable network to secure power supply for islands Read More »

Croatia: HEP upgrades submarine cable network to secure power supply for islands

Electricity distribution operator HEP ODS has completed the installation of a new 20 kV submarine cable connecting Tribunj on the mainland with the islands of Logorun and Kaprije. Spanning 8,150 meters, the cable strengthens energy security for Kaprije and finalizes an electric ring supplying the Šibenik archipelago. Similar installations were carried out in June on

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