Romania: Hidroelectrica’s H1 2025 power generation drops 27% amid lower hydrology

Romanian electricity producer Hidroelectrica reported a 27% year-on-year decline in net electricity output during the first half of 2025, generating a total of 6,068 GWh. The decrease was primarily driven by reduced hydroelectric production, which accounts for 98% of the company’s own generation mix. Wind power generation also saw a downturn, falling 14% year-on-year to […]

Romania: Hidroelectrica’s H1 2025 power generation drops 27% amid lower hydrology Read More »

Romania: Rezolv Energy selects partners for second phase of Vifor wind farm

Rezolv Energy has announced the selection of key partners for the second phase of the Vifor wind farm project in Buzău County, Romania. Through its special purpose vehicle, First Looks Solutions, the company awarded the Balance of Plant (BoP) contract to Austrian infrastructure firm PORR. The contract covers all civil works, as well as high-voltage

Romania: Rezolv Energy selects partners for second phase of Vifor wind farm Read More »

Hungary: GoldenPeaks capital commissions two solar power plants, adding 92 MW to national grid

Solar energy developer GoldenPeaks Capital has completed and connected two new solar power plants in Hungary, contributing a total of 92 MW of installed capacity to the country’s energy system. The larger of the two, the Zemplén solar power plant near Bodroghalom, has a capacity of 64.56 MW and has been fully operational since March.

Hungary: GoldenPeaks capital commissions two solar power plants, adding 92 MW to national grid Read More »

Croatia: JANAF posts strong H1 2025 results and plans strategic infrastructure investments

Croatian state-owned oil transportation company JANAF continued its steady growth in the first half of 2025, as reflected in its financial performance. The company generated total revenues of 69 million euros, with income from core activities rising by nearly 4 % year-on-year to 64.9 million euros. Gross profit for the first six months amounted to

Croatia: JANAF posts strong H1 2025 results and plans strategic infrastructure investments Read More »

Bulgaria sees sharp drop in energy consumption and production in May 2025, petroleum output rebounds

According to the Bulgarian National Statistical Institute, electricity production in May 2025 fell by 21.6% compared to April, totaling 2,585 GWh. Electricity consumption also declined on a monthly basis, dropping by 10.3% to 2,408 GWh. Natural gas consumption in May decreased by 17.8%, amounting to 180 million cubic meters, while domestic gas production remained unchanged

Bulgaria sees sharp drop in energy consumption and production in May 2025, petroleum output rebounds Read More »

Serbia: Djerdap 1 hydropower plant operating at reduced capacity due to low water levels

The Djerdap 1 hydropower plant is currently operating under limited water supply, which has significantly reduced its electricity production. This month, generation has averaged about 57% of both its installed capacity and the planned production target. Additionally, unit 6 of the plant is undergoing a major overhaul. Ongoing drought conditions and unusually low water levels

Serbia: Djerdap 1 hydropower plant operating at reduced capacity due to low water levels Read More »

Serbia: NIS Group maintains market stability despite loss in H1 2025

In the face of a challenging macroeconomic environment during the first half of 2025, the NIS Group remained committed to maintaining market stability, ensuring a steady supply of all fuel types, and protecting the social welfare of its employees. These strategic priorities were successfully upheld despite a complex operating environment. The company’s financial and operational

Serbia: NIS Group maintains market stability despite loss in H1 2025 Read More »

Croatia: INA and Energean to invest €71 million in Irena gas field development

Croatian oil company INA and Energean have agreed to invest in the development of the Irena gas field, located in the northern Adriatic within the Izabela exploration block. The total capital investment is set at €71 million, with Energean contributing €50 million and INA providing the remaining €21 million. Energean holds a 70% working interest

Croatia: INA and Energean to invest €71 million in Irena gas field development Read More »

Croatia: INA Group reports strong H1 2025 results with 21% profit growth

Croatia’s INA Group posted a net profit of €54.3 million for the first half of 2025, reflecting a 21% increase compared to the same period last year. The growth was driven by higher natural gas prices, increased retail sales, expanded customer services, and stronger non-fuel margins. Revenues rose to €1.84 billion, marking a 5% year-on-year

Croatia: INA Group reports strong H1 2025 results with 21% profit growth Read More »

Bulgaria: United Group launches second solar power plant

United Group has officially commissioned its second solar power plant in Bulgaria—an 8 MW facility located near the village of Barakovo in the Kocherinovo municipality. This development represents another milestone in the company’s ongoing expansion of clean energy infrastructure across southeastern Europe. The plant features 11,466 bifacial solar panels, each with a capacity of 700

Bulgaria: United Group launches second solar power plant Read More »

Scroll to Top