electricity

Serbia discusses financing and next steps for Bistrica pumped-storage hydropower project with JICA

Financing for the Bistrica pumped-storage hydropower plant was the main topic during a meeting between Serbia’s Energy and Mining Minister Dubravka Djedovic and a delegation from the Japan International Cooperation Agency (JICA). The discussion took place during JICA’s fourth expert mission to Serbia and reviewed preliminary project valuations prepared by the agency’s consultants. Minister Djedovic […]

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Romania: Simtel Team to build 60 MW solar power plant for Verbund’s Casimcea hybrid project

Simtel Team has signed an Engineering, Procurement, and Construction (EPC) contract valued at over 19 million euros, excluding VAT, with Verbund Wind Power Romania, a subsidiary of the Verbund Group, one of Europe’s leading renewable energy producers. The contract covers the design, construction, and commissioning of a 60.207 MW solar power plant in Casimcea, Tulcea

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Romania: Helleniq Renewables expands portfolio with 282 MW wind projects

Helleniq Renewables Romania, the local subsidiary of Greek company Helleniq Energy, has acquired two utility-scale projects as part of its strategy to strengthen its presence in Romania’s electricity sector. The acquisitions include a 96 MW ready-to-build wind farm in Galati county, purchased from OX2, which is expected to begin construction soon with commercial operations targeted

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Montenegro household electricity consumption rises in July 2025 despite lower yearly usage

In July 2025, the average household electricity bill in Montenegro was 65.3 euros. Of households, 58.5% will pay less than 30 euros, 18.05% between 30 and 50 euros, 17% between 50 and 100 euros, and 6.45% will receive bills above 100 euros. A total of 193,800 regularly paying customers, representing approximately 47.85% of all consumers,

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Greece: Quest Holdings to sell 36.7 MW of solar assets as household electricity bills rise

Quest Holdings has signed a binding agreement to sell 36.7 MW of operating solar assets in Greece for approximately 36 million euros. The transaction will be carried out by its subsidiary Quest Energy, with the portfolio transferring to an undisclosed international independent electricity producer outside the Quest Group. The solar plants involved in the deal

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Bosnia and Herzegovina: RS Government urges urgent measures to address rising voltage in power grid

The Government of the Republic of Srpska (RS), at its latest session, reviewed the issue of rising voltage levels in the transmission network, warning that the problem could lead to serious disruptions in the electricity system, the economy, and households in RS and Bosnia and Herzegovina, as well as impact interconnected grids. The cabinet called

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