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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 […]

Serbia nears completion of first large-scale wind farm as Kostolac project enters final phase Read More »

Serbia nears completion of first large-scale wind farm as Kostolac project enters final phase

Serbia is on the verge of launching its first large-scale wind power facility under the state-owned power utility EPS, with construction of the Kostolac wind farm entering its final stage. Minister of Mining and Energy, Dubravka Djedovic, announced that trial operations are expected to begin this autumn. The Kostolac wind farm, boasting a total installed

Europe: Solar power hits records in mid-June; wind energy shows mixed trends Read More »

Europe: Solar power hits records in mid-June; wind energy shows mixed trends

In the week of June 16, solar photovoltaic energy production rose in most major European electricity markets compared to the previous week. The French, German, and Spanish markets continued their upward trends, with France experiencing the largest increase of 28%, followed by Germany at 12%, and Spain at 11%. The Portuguese market reversed its previous

Montenegro: Construction progresses on Gvozd wind farm, a major step in renewable energy transition Read More »

Montenegro: Construction progresses on Gvozd wind farm, a major step in renewable energy transition

Concrete pouring has begun for the first of eight foundations that will support the wind turbines of the Gvozd wind farm, located near Nikšić. This ambitious project, with an estimated value of around 82 million euros, stands among the most significant energy developments currently underway in Montenegro. The state-owned power utility EPCG is the investor

Chinese technology manufacturers and developers overtaking Serbian wind market Read More »

Chinese technology manufacturers and developers overtaking Serbian wind market

Mingyang recently announced the start of installation at the Serbia Black Peak wind farm, where it is supplying 25 units of its 6.25-172 model.  Chinese SPIC is the sole owner of 150MW wind park Black Peak. Located on high mountain terrain of eastern Serbia, Black Peak WPP is unique project developed by local company Sage and Kodar. Local

Romania aims for 6.5 GW wind power capacity by 2028 amid Europe’s renewable energy surge Read More »

Romania aims for 6.5 GW wind power capacity by 2028 amid Europe’s renewable energy surge

Romania is projected to reach 6.5 gigawatts (GW) of installed wind power capacity by 2028, with 3 GW expected to be added within the next three years, according to the Romanian Wind Energy Association (RWEA). This rapid growth is driven by a new generation of wind turbines that are three times more powerful than those

Record solar growth and mixed wind trends mark early June in European energy markets Read More »

Record solar growth and mixed wind trends mark early June in European energy markets

During the week of June 9, solar photovoltaic energy production increased across most major European markets compared to the previous week. Germany saw the largest growth with a 41% rise, followed by France with a 38% increase. Italy’s production grew by 6.1%, while Spain experienced a modest 1.2% increase. Portugal, however, recorded its second consecutive

Serbia revises energy infrastructure plan, prioritizing solar over wind projects Read More »

Serbia revises energy infrastructure plan, prioritizing solar over wind projects

Serbia has revised its Baselines of the Energy Infrastructure Development Plan and Energy Efficiency Measures for the period up to 2028, with projections extending to 2030. The document sets out priority projects in the energy sector. The original plan was adopted in mid-2023 at the proposal of the Ministry of Mining and Energy. In the

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