Montenegrin power utility EPCG has announced the results of its Solari 3000+/500+ and 5000+ solar projects, which ran from 1 April 2024 to 31 March 2025. The report reveals that consumers have collectively saved nearly 5 million euros during this period. A total of over 7,000 users have participated in the projects so far, with […]
Montenegro: EPCG reports €5 million benefit from solar energy projects Read More »
During the May Day holidays, solar power plants in North Macedonia were temporarily disconnected from the national electricity grid to ensure the stability and safety of the power supply. This decision followed an emergency meeting of relevant authorities, prompted by a recent blackout in Spain and Portugal, where renewable energy sources, including solar power, were
A significant step forward has been made in the development of the Egypt-Greece electricity interconnection (GREGY) project, with the signing of a grant agreement between the European Bank for Reconstruction and Development (EBRD) and ELICA Interconnector, a subsidiary of the Copelouzos Group. This milestone is a key element in strengthening Europe’s energy security and advancing
During a meeting in Washington with a US delegation led by Maria Korsnick, President and CEO of the Nuclear Energy Institute, Croatian Minister of Economy Ante Susnjar discussed potential cooperation between Croatia and the United States in advancing nuclear energy. The focus of the talks was on the deployment of small modular reactor (SMR) technology.
Croatia explores nuclear energy cooperation with US, focuses on small modular reactors Read More »
Bulgaria’s Kozloduy nuclear power plant will shut down Unit 5 for its scheduled annual maintenance and refueling starting on May 5, 2025. The maintenance is expected to be completed by mid-June, with a series of necessary technical services, preventive maintenance, upgrades, and repairs being carried out on the unit’s equipment and systems. This maintenance is
For the first time since their inception, the two largest electricity producers in the Republic of Srpska (RS)—the coal-fired thermal power plants Gacko and Ugljevik—will be out of operation simultaneously due to scheduled maintenance. These plants, which together generate over 65% of RS’s electricity, will be offline starting from May 24 at the earliest until
Bulgarian coal-fired power plant TPP Bobov Dol posted a net profit of €5.1 million in the first quarter of 2025, significantly up from €1.35 million during the same period last year. The company’s total revenues soared to €64.6 million, marking an 84% year-on-year increase. Operating costs also rose sharply, reaching €59.6 million in Q1 2025—an
Bulgaria: TPP Bobov Dol reports strong Q1 2025 profit surge amid revenue growth Read More »
Eximprod Grup is preparing to commission a 65 MW photovoltaic facility in Prahova County, north of Bucharest, with plans to add a battery energy storage system after completion. Meanwhile, Simtel has secured financing to finalize a 52 MW solar power plant in Giurgiu County, located south of Romania’s capital. In addition, a developer in Alba
Romania: New solar projects advance with over 100 MW in capacity and storage plans Read More »
Romania’s largest energy company, OMV Petrom, has signed contracts with the state-owned energy company CE Oltenia for the development of four large-scale solar parks with a total installed capacity of around 550 megawatts. These photovoltaic facilities will be constructed on CE Oltenia’s land in Gorj and Dolj counties and are expected to supply electricity to
On October 25, the Ministry of Environment and Energy announced a new framework for electricity subsidies aimed at supporting approximately one million businesses across Greece. The measure will cover the period from December 1, 2024, to February 28, 2025, and is intended to offset average electricity price increases during the winter. The subsidies apply to
Greece announces targeted winter electricity subsidies for one million businesses Read More »
