Simtel Team has signed an Engineering, Procurement, and Construction (EPC) contract valued at over 19 million euros, excluding VAT, with Verbund Wind Power Romania, a subsidiary of the Verbund Group, one of Europe’s leading renewable energy producers. The contract covers the design, construction, and commissioning of a 60.207 MW solar power plant in Casimcea, Tulcea […]
US liquefied natural gas (LNG) is increasingly approaching Russian pipeline gas volumes in Greece after a year-on-year rise of more than 70 percent. From January through early August 2025, a total of 19.3 TWh of LNG was delivered to the Revythoussa and Alexandroupoli terminals, with US shipments accounting for over 80 percent of that total.
Greece: US LNG approaches Russian pipeline supplies amid rising demand Read More »
Renalfa IPP has commissioned the first 69 MW of the 238 MW Tenevo solar complex in southeastern Bulgaria, along with all necessary assets for connection to the national 400 kV transmission network. The project, developed by Tenevo Solar Technologies, pairs the solar field with a 315 MW/760 MWh battery storage system that is currently under
Bulgaria: Renalfa IPP launches first 69 MW of Tenevo solar complex Read More »
The Bulgarian Commission on Protection of Competition has received a notification from local company Uni Energy requesting approval to acquire NIS Petrol Bulgaria. Uni Energy is a Bulgarian fuel retailer owned by Ivaylo Konstantinov. The company collaborates with the Swiss group Avia International and TTN Commerce through Avia Bulgaria. By the end of 2024, Uni
Bulgaria: Uni Energy seeks approval to acquire NIS Petrol Bulgaria Read More »
In June, Croatian company Koncar and Slovenian hydropower operator HESS, which runs plants on the lower Sava in Slovenia, signed a contract to build two new solar power plants, SE FEBR-D1 and SE FEBR-D2, near the Brezice hydropower plant. The facilities will be located on the left bank of the Sava River and will feature
Slovenia: Koncar and HESS to build 9.2 MW solar power plants near HPP Brezice Read More »
Helleniq Renewables Romania, the local subsidiary of Greek company Helleniq Energy, has acquired two utility-scale projects as part of its strategy to strengthen its presence in Romania’s electricity sector. The acquisitions include a 96 MW ready-to-build wind farm in Galati county, purchased from OX2, which is expected to begin construction soon with commercial operations targeted
Romania: Helleniq Renewables expands portfolio with 282 MW wind projects Read More »
Montenegro is considering storing a portion of its mandatory oil reserves abroad if an agreement cannot be reached to use Jugopetrol’s tanks at the Port of Bar. Potential options under discussion include Italy, Croatia, Slovenia, and Greece, where the government is seeking formal cooperation and host approvals. State-owned storage at the Bar Terminal remains the
In July 2025, the average household electricity bill in Montenegro was 65.3 euros. Of households, 58.5% will pay less than 30 euros, 18.05% between 30 and 50 euros, 17% between 50 and 100 euros, and 6.45% will receive bills above 100 euros. A total of 193,800 regularly paying customers, representing approximately 47.85% of all consumers,
Quest Holdings has signed a binding agreement to sell 36.7 MW of operating solar assets in Greece for approximately 36 million euros. The transaction will be carried out by its subsidiary Quest Energy, with the portfolio transferring to an undisclosed international independent electricity producer outside the Quest Group. The solar plants involved in the deal
Gastrade has resumed unloading and regasification operations at the Alexandroupoli LNG terminal, though at a reduced capacity. Daily regasification is currently limited to up to 45.4 GWh/day, supported by backup high-pressure pumps that cover only 25% of the terminal’s nominal gasification capacity. The capacity cap is expected to be lifted at the start of the
Greece: Gastrade restarts Alexandroupoli LNG terminal at reduced capacity Read More »
