Serbia: New long-term gas deal with Gazprom expected in October

Serbia is expected to sign a new long-term natural gas agreement with Russian company Gazprom in October, extending the current supply arrangement until the end of that month. Srbijagas director Dušan Bajatović said the existing contract will remain valid under the same terms, including the oil-indexed pricing formula and additional supply volumes. He assured that […]

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Albania: ERE opens licensing for Voltalia’s 100 MW Spitalla solar project

Albania’s energy regulator ERE has launched the licensing process for a 100 MW solar project being developed by French renewable energy company Voltalia near the Adriatic port city of Durres. This is the company’s second large-scale solar initiative in the country. The regulator announced that stakeholders have 30 days to comment on the application. The

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Greece: Fifth auction for Route 1 gas capacity fails to attract bidders

The latest auction for the special capacity product known as Route 1, designed for transporting natural gas from Greece to Ukraine through the Vertical Corridor, once again drew no participants. This was the fifth attempt, following similar results in earlier rounds. Analysts note that the lack of interest is linked to temporary circumstances rather than

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Slovenia: Gas network to handle 10 TWh in 2025 amid investments and green transition plans

Slovenia’s gas transmission network is projected to handle around 10 TWh of natural gas in 2025, reflecting a 5 percent increase in consumption during the first half of the year compared to the same period in 2024. Several large-scale investments are underway to boost both domestic transmission capacity and cross-border transit potential. Plinovodi CEO Marjan

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Serbia: Turkish firm Fortis Energy plans 270 MW solar power plant in Sremska Mitrovica

Turkish company Fortis Energy is set to begin construction of a large solar power plant in Sremska Mitrovica next spring. The project will be situated on private land in the Macva region, along the road to Drenovac. The construction permit has already been obtained, and approval for energy transmission is expected within the next three

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Romania: Retele Electrice launches €13.2 million tender to upgrade Dobrogea electricity network

Retele Electrice Romania has launched a public procurement process for network upgrade works in Dobrogea, with the tender valued at up to 13.2 million euros, excluding VAT. The project aims to expand distribution capacity, ensuring the necessary technical conditions to connect new consumers and integrate decentralized electricity generation. The tender includes a wide range of

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Montenegro launches third tender for Otilovici small hydropower plant construction

Montenegrin state-owned power company EPCG has launched a third tender for the design and construction of the Otilovici small hydropower plant (SHPP). The project’s value remains the same as in previous attempts, set at 7 million euros excluding VAT, or 8.47 million euros including VAT. The project includes preparing the main design, constructing the facilities,

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Hungary reduces electricity imports as domestic generation strengthens

Hungary, which has long relied heavily on electricity imports, is experiencing a significant shift in its energy balance. While imports typically cover about 25 percent of the country’s electricity needs, between April and August this share fell below 15 percent. Forecasts for 2025 indicate that the level of imported electricity will stabilize at around 20

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Hungary and Slovakia expand gas interconnection capacity to strengthen regional energy links

Hungary’s natural gas transmission operator FGSZ and Slovakia’s Eustream have updated their Interconnection Agreement to expand gas transmission capacity from Hungary to Slovakia. Under the amendment, the annual flow limit will increase from 3.5 billion to 4.38 billion cubic meters, subject to approval by national regulators. The boost in capacity has been made possible through

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