Bulgarian thermal power plant Maritsa 3 reported a net loss of €2.7 million in the first half of 2025, a significant improvement compared to a €11.5 million loss during the same period in 2024. The company’s total revenues fell to €6.65 million, down from €12.9 million in the first six months of 2024. Total expenditures […]
Bulgaria: TPP Maritsa 3 narrows loss to €2.7 million in first half of 2025 Read More »
The Bulgarian thermal power plant Bobov Dol posted a net profit of approximately €150,000 in the first half of 2025, down from €380,000 in the same period last year. Total revenues increased significantly by 68.8%, reaching €108.3 million compared to the first six months of 2024. However, total expenditures also rose by 69.6%, amounting to
The financial report for the first half of 2025 shows that the Bosanski Brod oil refinery incurred a net loss of €15.3 million, increasing its total accumulated losses to approximately €467 million. During the first six months of 2025, turnover rose to €13.3 million, up €5.1 million compared to the same period last year. However,
Distribution companies in the Republic of Srpska (RS) have formally requested a 40% hike in the electricity distribution network fee. Vladislav Vladičić, Chairman of the Regulatory Commission for Energy (RERS), confirmed that the proposal has been submitted. The Commission’s next meeting is scheduled for July 31, but it is still uncertain if the fee increase
According to the Agency for Statistics of Bosnia and Herzegovina (BiH), the country’s gross electricity production in May 2025 amounted to 830 GWh, down from 1,072 GWh in the same month last year. Hydropower plants contributed 36.3% to the total gross production, thermal power plants accounted for 51.8%, and solar and wind power plants made
French renewable energy company Voltalia reported that its 140 MW Karavasta solar power plant in southwestern Albania generated a total of 132 GWh of electricity in the first half of 2025. The plant began producing electricity in December 2023. Half of the plant’s annual output is supplied to the Albanian electricity distribution system operator OSHEE
Albania: Voltalia’s Karavasta solar power plant generates 132 GWh in first half of 2025 Read More »
In June 2025, hydropower plants on Slovenia’s Drava, Sava, and Soča rivers delivered 341 GWh of electricity to the transmission network—just over 60% of the volume produced in June 2024 and 18% below initial forecasts. The decline was most pronounced in the Sava basin, where reduced rainfall significantly impacted production. Power plants on the upper
Slovenia: Hydropower output drops sharply in June amid low rainfall Read More »
By the end of May 2025, Romania recorded 228,302 prosumers—electricity users who generate power through solar panels and feed surplus energy into the national grid—according to data from the Energy Regulatory Authority (ANRE). Their combined installed capacity reached 2,726 MW. Over the past year, the number of prosumers increased by 90,902, up from 137,400 in
Romania reaches over 228,000 prosumers by end of May 2025 Read More »
Romanian power producer Nuclearelectrica plans to secure a €540 million credit facility from a bank syndicate led by JP Morgan to finance the refurbishment of Unit 1 at its Cernavoda nuclear power plant. The company’s management is currently seeking shareholder approval to proceed with the loan agreement, with full details of the syndicate’s structure and
Romania: Nuclearelectrica seeks €540 million loan for Cernavoda Unit 1 refurbishment Read More »
The municipal government of Sofia has approved a project to install hydropower turbines within its existing water supply system. This initiative was formalized through a Memorandum of Cooperation signed by Mayor Vasil Terziev and Francois Deberg, Regional Director of Veolia’s local water division. Mayor Terziev emphasized that the project supports Sofia’s vision of becoming a
Bulgaria: Sofia to generate clean energy with in-pipe hydropower turbines Read More »
