French renewable energy company Akuo Energy has finalized a power purchase agreement (PPA) with Serbia’s state-owned utility EPS for the Bela Anta 2 wind farm. The agreement covers the full 80 MW capacity of the project and includes responsibilities for network balancing. Bela Anta 2 is developed by Matrix Power, a wholly owned subsidiary of […]
The Romanian Ministry of Energy has announced a public call for expressions of interest to conduct a comprehensive study aimed at identifying and mapping potential offshore wind farm zones in the Black Sea. This initiative supports Romania’s broader strategy to prepare for maritime concessions dedicated to offshore wind energy development. The study’s primary goal is
A Romanian company owned by Ukraine’s DTEK group is set to receive final approval for commercial operation of its 60 MW Glodeni Solar power plant, which has been connected to the national electricity grid since January. The plant is operated by DRI, a DTEK subsidiary dedicated to expanding renewable energy projects within the European Union.
Romania: Solar power plant Glodeni Solar nears final approval for commercial operation Read More »
Rompetrol Rafinare, part of the KMG International Group, posted a consolidated net loss of $37.3 million in the first quarter of 2025, up from a $23.8 million loss during the same period in 2024. The worsening financial results were primarily driven by volatility in international crude oil and bio-component prices, combined with seasonal declines in
According to the Ministry of Environmental Protection, the Croatian company Suncana Elektrana Rasinja has submitted a request for an Environmental Impact Assessment (EIA) for a solar power project with an installed capacity of 61.8 MW. The planned solar facility will occupy approximately 57.7 hectares within the municipality of Rasinja in northern Croatia. It is expected
On 20 May, a total of 264,855 guarantees of origin (GOs) were sold in auctions organized by HROTE and ENNA Next. The auctions, held in parallel through CROPEX’s IT trading platform, offered GOs from wind and biogas power plants. These auctions help track renewable electricity production and support the green energy market.
The Institute of Energy for Southeastern Europe (IENE) has issued a warning about the risk of widespread power outages across the region during the upcoming summer months due to rising electricity consumption. This alert follows a similar blackout event last June that impacted Albania, Montenegro, Bosnia and Herzegovina, and parts of Croatia. In its analysis,
Region: SEE faces summer blackout risks amid rising electricity demand and aging grid Read More »
The Slovenian Government has approved the spatial development plan for a new 30 MW solar power project, which will be the largest solar installation in the country so far. The project is led by Dravske Elektrarne Maribor (DEM) and this approval marks a key step toward securing a construction permit. The solar plant will be
Slovenia’s Ministry of Environment, Climate and Energy has introduced a public funding program totaling 12 million euros to support the installation of solar power systems on public buildings and parking areas. This initiative is part of the country’s Recovery and Resilience Plan and will run through 2025 and 2026. The grants, which do not require
Slovenia launches €12 million grant program to boost solar power on public buildings Read More »
Montenegro’s state-owned power company EPCG posted a net profit of 10.2 million euros in the first quarter of 2025, slightly down from 11.4 million euros in the same period last year. The company’s net sales revenues increased to 125.7 million euros during the first three months of 2025, up from 113.2 million euros in Q1
Montenegro: EPCG reports €10.2 million Q1 2025 profit amid revenue and cost increases Read More »
