Rosatom has announced its readiness to offer Serbia a range of nuclear power plant projects, including both small and large capacity options, according to Marija Deuric, director of the Russian state corporation’s office in Serbia. Speaking at the international scientific forum Energy Transition of the Western Balkans held in Belgrade, Deuric explained that Rosatom is […]
Croatia: JANAF boosts renewable energy portfolio with new Vodjinci solar power plant Read More »
The Croatian state-owned oil transportation company JANAF has successfully commissioned and connected its Vodjinci solar power plant to the national grid. With this new addition, JANAF now covers 86 percent of its electricity needs using its own renewable energy sources. The Vodjinci plant received its operational permit and was completed according to schedule. JANAF acquired
Slovenian gas company Geoplin and Algeria’s Sonatrach have extended their natural gas supply agreement by two years. The renewed contract was signed during Algerian President Abdelmadjid Tebboune’s visit to Slovenia. Geoplin, part of the Petrol group, stated that the extension ensures a stable gas supply for Slovenia in the coming years. The deal guarantees uninterrupted
Romanian electricity transmission system operator Transelectrica reported a net profit of approximately 32 million euros in the first quarter of 2025, marking a 52 percent increase compared to the same period last year. The segment related to activities generating allowed profit recorded a positive result of about 26 million euros in Q1 2025, up from
Hidroelectrica reported a net profit of about 119 million euros for the first quarter of 2025, which represents a significant decrease of 56 percent compared to the same period last year. Although the company exceeded budget forecasts in both operational and financial terms, the results were weaker than those recorded in the first quarter of
Montenegro’s state-owned motorway operator, Monteput, has announced that the local company Permonte submitted the most favorable bid in the tender for conducting a technical and economic study on the use of solar panels along the planned Bar-Boljare motorway. This motorway, which will stretch 169 kilometers, is designed to connect Montenegro’s southern Adriatic coast with its
Montenegro: Jugopetrol reports strong Q1 2025 profit growth despite stable sales Read More »
Montenegrin fuel retailer Jugopetrol reported a net profit of 1.07 million euros in the first quarter of 2025, a significant increase compared to the approximately 83,000 euros profit recorded in the same period last year. The company’s net sales remained steady at around 47.5 million euros during the first three months of 2025, while operating
North Macedonia: ESM plans new coal mine amid energy transition challenges Read More »
North Macedonia’s state-owned power company ESM plans to open a new coal mine in Zivojno, near the Greek border. The Ministry of Environment and Physical Planning has announced that ESM is currently collecting public feedback on the environmental impact assessment for the project. The consultation period is open until May 15. Local reports indicate that
Serbia: Solarina signs agreements with EPS for 150 MW solar power plant Read More »
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 »
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
