Hungary secures 10-year LNG supply deal with Engie to bolster energy security

Hungary has concluded its longest-ever liquefied natural gas (LNG) supply agreement with French company Engie, securing long-term energy stability through a 10-year contract running from 2028 to 2038. Under the deal, Hungary will import 400 million cubic meters of LNG annually, amounting to a total of 4 billion cubic meters over the contract period. Deliveries […]

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Bulgaria: Sunterra RE expands battery storage capacity at Kaloyanovo solar power plant

Bulgarian renewable energy company Sunterra RE has expanded the capacity of its Kaloyanovo solar power plant near Plovdiv by installing an additional battery energy storage system (BESS). The new system provides 47 MW of installed power and 94 MWh of storage capacity. The project is intended to enhance grid stability by storing surplus solar energy

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Serbia to convert Kolubara A thermal power plant into 71 MW solar facility, public review scheduled

Serbia’s Spatial and Urban Planning Agency has announced a public review for the proposed urban and architectural plan to convert the Kolubara A thermal power plant into a solar energy facility. The project involves decommissioning the existing ash, slag, and coal landfills to prepare the site for renewable energy infrastructure. The concept was developed by

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Romania: Hidroelectrica signs €20M maintenance deal with Vestas for Crucea Nord wind farm and plans 36 MW battery storage integration

Hidroelectrica has selected the local subsidiary of Danish wind turbine manufacturer Vestas to handle maintenance for the wind turbines at the Crucea Nord wind farm. The five-year agreement, valued at €20 million before VAT, covers full upkeep of the Vestas V112 – 3 MW MK1a turbines and associated SCADA, PPC, and AEOS control systems. Under

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Greece: EIB approves €25.9 million green financing for Iberdrola’s Gatza wind farm

The European Investment Bank (EIB) has approved a green financing package of €25.9 million to support the construction of a new wind farm in central Greece by Spanish energy company Iberdrola. The Gatza wind farm will be situated across the municipalities of Orchomenou and Lokron in the Viotia and Fthiotida regions. Upon completion, the project

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Greece and Egypt sign MoU to advance GREGY subsea electricity interconnection project

Greece’s and Egypt’s electricity transmission system operators, ADMIE and EETC, have formalized cooperation with ELICA, a subsidiary of the Copelouzos Group, through a newly signed Memorandum of Understanding (MoU) on the GREGY project. The agreement advances the GREGY electricity interconnection project, a planned subsea link between Egypt and Greece, which is recognized as both a

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Croatia: US sanctions targeting NIS prompt JANAF to secure licenses for continued crude oil transport

Earlier this year, the U.S. Department of the Treasury introduced sanctions targeting Russia’s energy sector, which are now being applied to Serbian oil company NIS. This affects NIS’s crude oil transport agreement with Croatian pipeline operator JANAF, valid from 1 January 2024 to 31 December 2026. Under the contract, NIS reserved pipeline capacity under a

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Bulgaria: Alexandroupoli LNG terminal to restore capacity, securing gas supplies and supporting regional energy corridor

The liquefied natural gas (LNG) terminal in Alexandroupoli, Greece, is preparing to increase its operations after being out of service since January due to a booster pump malfunction. Bulgartransgaz, Bulgaria’s natural gas transmission operator, reported that the facility is expected to restore 75% of its processing capacity starting 1 October, with full output of around

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Bulgaria secures €50.5 million financing for Bulgartransgaz to expand gas transmission network

The Bulgarian government has finalized a state-backed guarantee agreement with Investbank to support a long-term loan of €25 million for the state-owned gas transmission operator Bulgartransgaz. The agreement, signed on 16 September, is intended to fund the expansion of Bulgartransgaz’s transmission network as part of the broader Vertical Gas Corridor program, which connects gas operators

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Bulgaria sees 7% rise in electricity production in 2025, renewables gain significant share

According to data from the Bulgarian electricity transmission system operator (ESO), electricity production in Bulgaria between January 1 and September 28, 2025, increased by 7.1% compared to the same period in 2024, reaching a total of 30.08 TWh. During the same period, electricity consumption in the country rose by 5.3%, amounting to 27.93 TWh. This

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