During the week of May 5, solar photovoltaic (PV) energy production rose significantly in the Iberian Peninsula and Germany. Portugal led the growth with a 62% increase, followed by Spain with a 26% rise. This growth was largely driven by a rebound in production following a blackout on Monday, April 28, that had impacted both […]
Serbia is actively negotiating a new long-term gas supply agreement with Russia to secure stable energy access and maintain low prices for both businesses and households. Energy cooperation was a central topic during recent talks between Serbian President Aleksandar Vučić and Russian President Vladimir Putin, with a focus on extending the current agreement and preserving
Serbia pursues long-term gas deal with Russia to ensure energy stability Read More »
Romanian electricity producer Hidroelectrica has signed a contract to fully implement a solar energy project at its hydropower plants (HPPs) along the middle and lower Olt River. This marks the company’s first foray into solar energy and represents a key step in diversifying its renewable energy portfolio. The project aims to capitalize on the solar
Romania: Hidroelectrica launches first solar project at hydropower plants on Olt River Read More »
ENEVO Group has been appointed as the general contractor for the Helios Arad solar power plant, an ambitious renewable energy project with a planned installed capacity of 85 MW—making it the largest solar facility in the region. The project is financed by Unigea Solar Projects Romania, a subsidiary of the German-based Unigea Group. Under the
Romania: ENEVO Group to build largest solar power plant in Arad Region Read More »
Hungarian Foreign Minister Péter Szijjártó has strongly opposed the European Commission’s newly unveiled plan to phase out all imports of Russian gas, oil and nuclear fuel by the end of 2027. The proposed strategy, aimed at eliminating the EU’s dependency on Russian energy, has sparked backlash from Budapest, which relies heavily on Russian supplies. Szijjártó
Hungary criticizes EU plan to end Russian energy imports by 2027 Read More »
Greece’s electricity transmission system operator, ADMIE, along with its project implementation arm Ariadne Interconnection, has reached a key milestone in the Crete-Attica electricity interconnection project. A final inspection at the Damasta converter station in Heraklion marks the beginning of the last phase of testing, ahead of the launch of the trial operation. The facility is
Greece: Crete-Attica electricity interconnection enters final testing phase Read More »
The Environmental Protection and Energy Efficiency Fund has announced a new public initiative to support the installation of solar power plants on family homes. Starting 6 June, eligible homeowners can apply for co-financing to help cover the costs of installing photovoltaic systems for personal electricity use. This initiative targets the installation of solar power systems
Greece: Public call for solar power plant installation in family homes opens 6 June Read More »
Roughly a year after announcing its pilot solar project in Croatia’s Slavonia region, Janom Investments has advanced to the ready-to-build phase for a 30 MW photovoltaic plant. This marks the company’s first investment in Croatia and represents a key milestone in its strategy for regional growth. Construction is set to begin in August 2025, with
Croatia: Janom Investments reaches ready-to-build stage for 30 MW solar power plant Read More »
Electricity providers in Greece have announced price hikes of up to 17% for May, even as wholesale electricity prices continue to decline. The average wholesale price fell by around 16% last month, dropping to €89 per megawatt-hour, yet retail rates—particularly on green tariffs—have risen significantly. Green tariffs, which are used by approximately 72.4% of households
Greece: Electricity prices rise for households despite wholesale market drop Read More »
Austrian energy group OMV announced that gas production from Romania’s Black Sea Neptun Deep project is set to start in 2027, marking a major step forward for European energy independence. The €4 billion venture is being developed jointly by OMV’s Romanian arm, OMV Petrom, and state-owned gas producer Romgaz, with both holding equal 50% stakes.
