Montenegro: EPCG selects Vigoris Ecotec to build Otilovici 2.6 MW small hydropower plant

Montenegrin state-owned power utility EPCG has made a key step toward constructing the Otilovici small hydropower plant (SHPP) by selecting the winning bid in a public procurement valued at 6.8 million euros. The tender, conducted as an open procurement process, covers the full delivery of the project, including detailed design preparation, civil construction, supply and […]

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Region: Hungary’s MVM secures major LNG capacity at Croatia’s Krk terminal to mitigate Russian gas risks

Hungary’s largest gas wholesaler, MVM, has revealed that it has reserved significant import capacity at Croatia’s LNG terminal on the island of Krk as a precaution against a potential cutoff of Russian gas supplies. The arrangement would allow the company to import up to one billion cubic meters of gas per year through the terminal

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Hungary: Solarpro secures LONGi modules for 450 MW solar project in Heves County

A large-scale solar development in Hungary has secured its core technology supplier, as engineering and construction specialist Solarpro awarded a major module contract to Chinese manufacturer LONGi. The project, located in Heves county, is set to become one of the largest single solar installations planned in the country. Under the agreement, LONGi will supply modules

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Hungary accelerates Paks nuclear expansion amid energy security concerns

Hungary’s flagship nuclear expansion project at Paks has entered a faster phase of implementation, with construction activities advancing ahead of schedule. According to Foreign Minister Peter Szijjarto, the acceleration comes after the completion of all required permitting procedures and the absence of European or US sanctions affecting the investment. Minister Szijjarto stated that the project

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Region: JANAF and MOL explore major expansion of crude oil transport amid geopolitical shifts

Discussions between Croatia’s oil pipeline operator JANAF and Hungary’s MOL Group have entered a new phase following a closed-door meeting last week in Budapest. Relations between the two companies have reportedly shifted noticeably, with MOL showing readiness for a substantial expansion of oil transport for the first time. The meeting focused on the potential to

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Romania: Croatian ENNA Group launches first large-scale solar project near Bucharest

A new large-scale solar project near Bucharest marks ENNA Group’s entry into the Romanian renewable energy market and represents its first major investment outside Croatia. Construction has now begun on the solar power plant, which will significantly expand the group’s regional footprint. The facility, with a planned capacity of 87.5 MW, is being developed in

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Albania transitions from gas transit to consumption with SOCAR supply in Korca

Albania is set to emerge as a significant natural gas consumer, as Azerbaijan’s state energy company SOCAR prepares to supply gas to the city of Korca. This initiative signals a shift in Albania’s role from merely a transit country to an active end user within the regional gas system. The planned gasification will cover Korca’s

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The Balkan position: Regional export chains under CBAM

The CBAM story is often framed as a national topic, but in reality it is regional. Southeastern Europe is economically intertwined, industrially interconnected and strategically positioned together relative to the European Union. Serbia, Montenegro, Bosnia and Herzegovina, North Macedonia, Romania, Bulgaria and Greece form a combined industrial corridor whose future competitiveness will be reshaped by

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Industrial power pricing strategy for Serbia

Industrial electricity policy is no longer simply a tool of energy management; it is industrial strategy. Serbia’s economic trajectory will not be determined by slogans about investment attraction or innovation narratives if its industrial base cannot rely on competitive, stable and credible electricity pricing. Power economics decides whether Serbia will host processing, manufacturing, refining, and

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Power economics and the new industrial geography: Why Europe’s materials refining and processing are naturally outsourcing to Serbia

Power economics is now the decisive variable determining where Europe’s future materials refining and processing capacity will exist. Refining metals, manufacturing semi-fabricated products, processing battery materials, and managing advanced metallurgical chains are fundamentally energy operations. Electricity is not simply an input cost; it is the strategic determinant of competitiveness, investment confidence and long-term industrial anchoring.

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