Serbia’s Spatial and Urban Planning Agency has announced a public review for the proposed urban and architectural plan to convert the Kolubara A thermal power plant into a solar energy facility. The project involves decommissioning the existing ash, slag, and coal landfills to prepare the site for renewable energy infrastructure. The concept was developed by […]
Hidroelectrica has selected the local subsidiary of Danish wind turbine manufacturer Vestas to handle maintenance for the wind turbines at the Crucea Nord wind farm. The five-year agreement, valued at €20 million before VAT, covers full upkeep of the Vestas V112 – 3 MW MK1a turbines and associated SCADA, PPC, and AEOS control systems. Under
The European Investment Bank (EIB) has approved a green financing package of €25.9 million to support the construction of a new wind farm in central Greece by Spanish energy company Iberdrola. The Gatza wind farm will be situated across the municipalities of Orchomenou and Lokron in the Viotia and Fthiotida regions. Upon completion, the project
Greece: EIB approves €25.9 million green financing for Iberdrola’s Gatza wind farm Read More »
Greece’s and Egypt’s electricity transmission system operators, ADMIE and EETC, have formalized cooperation with ELICA, a subsidiary of the Copelouzos Group, through a newly signed Memorandum of Understanding (MoU) on the GREGY project. The agreement advances the GREGY electricity interconnection project, a planned subsea link between Egypt and Greece, which is recognized as both a
Greece and Egypt sign MoU to advance GREGY subsea electricity interconnection project Read More »
According to data from the Bulgarian electricity transmission system operator (ESO), electricity production in Bulgaria between January 1 and September 28, 2025, increased by 7.1% compared to the same period in 2024, reaching a total of 30.08 TWh. During the same period, electricity consumption in the country rose by 5.3%, amounting to 27.93 TWh. This
Nuclearelectrica has awarded a major contract to the partnership of Concelex and Bog’Art for the expansion of the spent fuel intermediate storage facility at the Cernavoda nuclear power plant. Valued at 42.7 million euros, the contract covers the construction of six new storage modules and the installation of a high-capacity gantry crane. The project includes
HEP ESCO has launched a public tender worth 5.3 million euros for the construction of 90 solar power plants on the roofs of its facilities across Croatia. Companies can submit bids until 3 November. The tender is divided into five regional groups covering the entire country. The first group targets Zagreb and surrounding areas, with
Croatia: HEP ESCO launches 5.3 million euro tender for 90 rooftop solar projects Read More »
With the launch of 15-minute products on 30 September, CROPEX has introduced the hourly reference index CRODAX for the day-ahead market. CRODAX represents the hourly index of the day-ahead market, reflecting the average price for each hour. It is calculated as the arithmetic mean of all 15-minute price intervals within that hour. It is important
Croatia: CROPEX launches CRODAX hourly reference index for day-ahead market Read More »
OMV Petrom has completed the acquisition of a 50% stake in the Gabare solar project, developed by Enery in Bulgaria. The transaction, initially announced in June 2025, marks a significant milestone in the company’s regional expansion strategy and strengthens its renewable energy portfolio. The solar plant, located in the Gabare area of Byala Slatina, will
Electricity prices for businesses in Bulgaria decreased in the first half of 2025 compared to the second half of 2024, according to data from the National Statistical Institute. The only exception was the smallest corporate users consuming less than 20 MWh per year, who experienced a 6.9% increase. The largest reduction was recorded among major
