electricity

Lenders, Owner’s Engineers, and Risk Management: The Technical Foundation of Bankable Infrastructure

Behind every wind farm, factory, or transmission line lies a web of financing. Modern infrastructure projects are rarely financed from a single balance sheet — instead, they are structured through project finance, where banks, export credit agencies, and international financial institutions (IFIs) provide the bulk of the capital. In this system, money only flows as risk becomes measurable. That […]

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Engineering, investment and oversight: The role of Owner’s Engineers in driving industrial project success

Modern industrial facilities — whether energy plants, steel works, logistics hubs, or manufacturing lines — are no longer built in isolation. They are financial assets as much as they are engineering projects. Every pump, transformer, and foundation represents both technical performance and capital investment. Engineering today must therefore serve two masters: This duality has given rise to one of the

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Nearshoring business services to Serbia: A strategic opportunity on Europe’s edge

In recent years, the model of near-sourcing (or nearshore outsourcing) — placing business services in geographically proximate, lower-cost but culturally or legally compatible countries — has gained traction. For Western European, Scandinavian, or even Gulf region firms, Serbia offers a compelling value proposition as a near-sourcing hub. Below, we examine why Serbia is rising in prominence, which business

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Electrical works supervision in construction projects: The technical pillar of Owner’s Engineer and investor oversight

Electrical works form the nervous system of any modern infrastructure project — from wind farms, substations, and industrial plants, to smart buildings and urban energy grids. The precision, safety, and reliability of electrical systems define the overall integrity of the project. At the center of this process stands the Supervisor of Electrical Works — the professional responsible for ensuring that

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Slovenia: NPP Krsko exceeds planned output in September 2025, begins scheduled overhaul

In September 2025, the Krsko nuclear power plant, jointly owned by Slovenia and Croatia, generated 449,426 MWh of net electricity, slightly exceeding the planned output of 446,000 MWh by 0.77%. On 28 September, NPP Krsko completed its 34th fuel cycle and began a scheduled overhaul. During this cycle, the plant produced a total of 8,514.5

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Romania: Electrica completes 27 MW Satu Mare 2 solar power plant to boost renewable energy portfolio

Romanian electricity distributor and supplier Electrica has completed the construction of the Satu Mare 2 solar power plant, further advancing its strategy to expand renewable energy production and diversify its portfolio. Located near Botiz in Satu Mare County, the new solar facility has an installed capacity of 27 MW and represents an investment of more

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Romania: NEPI Rockcastle launches first solar power plant as part of €110 million green energy program

NEPI Rockcastle, the largest owner and operator of shopping centers in Central and Eastern Europe, has completed its first solar power plant in Chisineu-Cris, Arad County. The project is part of the company’s broader 110 million-euro renewable energy program across the region, which combines rooftop solar systems on existing retail properties with two large greenfield

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Bosnia and Herzegovina: Bitovnja wind farm project moves forward with call for consultancy services

The development of the Bitovnja wind farm near Konjic has advanced to a new stage with the launch of a call for expressions of interest and prequalification for consultancy services. This marks another important step in preparing for the start of construction. The project is financed by the German Development Bank (KfW) under the Ministry

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Romania: Electricity consumption slightly declines in first eight months of 2025, solar generation surges 35%

According to data from the National Institute for Statistics (INS), electricity consumption in Romania during the first eight months of 2025 totaled 33.3 TWh, a decline of 0.8% compared to the same period in 2024. Industrial electricity consumption reached 25.06 TWh, down 1.8% from last year, while household consumption increased by 2.5% to 7.99 TWh.

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Greece: PPC advances major solar and energy storage projects

The PPC Group is accelerating renewable energy projects in northern Greece, focusing on the former lignite power plant sites of Ptolemaida, Kardia, Agios Dimitrios, and Amyntaio. Once fully operational, the solar power plants currently under construction are set to become the largest in Europe, generating nearly 3,150 GWh annually—over 6% of Greece’s total yearly electricity

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