Serbia’s President, Aleksandar Vučić, made it clear that the sale of EPS (Electric Power Industry of Serbia) is not on the agenda. Instead, he announced plans for Serbia to acquire other power companies in the region, signaling a shift towards regional energy consolidation. However, skepticism looms within the professional sphere regarding the feasibility of such an endeavor, […]
Serbia: Could EPS expand in the region? Read More »
Renewables company Voltalia said its Karavasta Solar Polar Power Plant in Albania delivered 45 GWh of electricity in the first quarter of 2024. Revenues generation at a high price for the power plant of Karavasta, and the indexation of selling prices to inflation have contributed to a 20% year-to-year surge in the company’s energy sales
Albania: Karavasta Solar Park produced 45 GWh in Q1 Read More »
Energy group Premier Energy said that its initial public offering (IPO) at the Bucharest Stock Exchange in Romania has been priced at RON 19.50 per share, with the transaction raising RON 695.1 million (EUR 139.6 million) in gross proceeds, including over-allotment. Premier alone placed just above 25 million new shares in the offering, saying it
Romania: Premier Energy closes IPO at 490 million euros valuation Read More »
Petar Đokić, Minister of Mining and Energy of the Republika Srpska, announced that the company’s Energy Financing Team completed the construction of the Bileća solar power plant, with an installed capacity of 60 MW. The solar park is located at the Zarečje location and covers 133 hectares. It is estimated that the plant will produce around 84 GWh
Republika Srpska: EFT completed the construction of 60 MW Bileća solar park Read More »
MK Group and Alfi Renewables inaugurated Krivača Wind Park in eastern Serbia. At 105.6 MW in capacity, it is the first such facility in the country south of the Danube as well as the Sava River. The construction of the Krivača wind farm Began in May 2021. It is the first RES project in Serbia with
Serbia: MK and Alfi commissioned 106 MW Krivača wind park Read More »
Construction of the Bistrica pumped-storage power plant, a one-gigawatt solar power plant, as well as the Petka solar power plant and the Kostolac wind farm, are essential development projects of Elektroprivreda Srbije throughout its energy transition. These investments are accompanied by desulphurization projects in thermal power plants, which will have to be online until the generation goals have been met –
Serbia: EPS signed contracts with 750 MW RES power plants Read More »
Italian renewable energy producer Alerion Clean Power has received a permit to build two wind farms in Romania with an installed capacity of 220 MW. The two plants will be installed in the Dobrogea region, with capacities of 114 MW and 108 MW, respectively. They will be part of a larger complex of three wind farms with a
Romania: Alerion wins permits for 220 MW wind projects Read More »
Nuclearelectrica, the operator of the Romanian nuclear power plant Cenavoda, has announced its financial results for the first quarter of 2024. In the three-month period that ended on 31 March, the company obtained a net profit of 563.2 million RON (113 million euros), down 26.5 percent compared to the same period in 2023. The gross
Romania: Nuclearelectrica reports net profit of 113 million euros in Q1 Read More »
Serbia’s new rules for connecting solar parks and wind farms to the transmission system, operated by Elektromreža Srbije, are a test for both the state-owned company and investors, according to participants at Belgrade Energy Forum. At a panel discussing possible solutions to grid challenges, speakers said the goal is to ensure that the energy transition
SEE region: Possible solutions for transmission network challenges Read More »
The average price of electricity on the day-ahead market of the Hungarian energy exchange HUPX amounted to 61.96 euros/MWh in April, 5% lower compared to the previous month (65.08 euros/MWh). The average HUPX DAM peak price amounted to 51.18 euros/MWh, 20% lower compared to February. Traded volume on the day-ahead market reached 2.45 million MWh, which is 3%
Hungary: The average price on the HUPX day-ahead market reached 62 euros/MWh in April Read More »
