electricity

Bulgaria: United Group launches second solar power plant

United Group has officially commissioned its second solar power plant in Bulgaria—an 8 MW facility located near the village of Barakovo in the Kocherinovo municipality. This development represents another milestone in the company’s ongoing expansion of clean energy infrastructure across southeastern Europe. The plant features 11,466 bifacial solar panels, each with a capacity of 700 […]

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Bosnia and Herzegovina: Sun Electricity seeks concession for €117.5 million solar power plant in Nevesinje

Local company Sun Electricity has submitted a request to the Government of the Republic of Srpska for a concession to develop a solar power plant near Nevesinje, in the Herzegovina region. The proposed project, named Zlatac 1, is estimated at €117.5 million. The plant would have an installed capacity of 110 megawatts and is expected

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Europe: ERS rules out electricity price hike in Republic of Srpska

Luka Petrovic, General Director of the state-owned power utility ERS, announced that there are no plans to increase electricity prices in the Republic of Srpska. He emphasized that the electricity system is expected to remain stable in the coming period, eliminating the need for any price adjustments. Petrovic highlighted that ERS has implemented several measures

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Europe: EU boosts fossil fuel power as wind and hydropower decline in early 2025

A sharp decline in electricity output from wind and hydropower plants prompted the European Union to increase its reliance on gas and coal generation in the first half of 2025. This shift led to the largest annual rise in fossil-fuel electricity production since 2017 and caused a 9 percent increase in carbon dioxide emissions compared

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Region: Heatwave drives SEE electricity prices to summer highs in Week 30 of 2025

In Week 30 of 2025, electricity market prices rose significantly across most Southeast European (SEE) countries compared to the previous week. All markets recorded weekly average prices above €100/MWh, with the exception of Türkiye. This marked the highest price point since the start of summer. The price increase was mainly attributed to elevated electricity demand

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Romania: INVL Renewable Energy Fund I secures €29.3 million loan for 71 MW solar project

INVL Renewable Energy Fund I, managed by INVL Asset Management and focused on renewable energy projects, has obtained a €29.3 million loan from Kommunalkredit Austria to finance the construction of a 71 MW solar power plant in Dolj County, Romania. This loan represents the second financing line from the European infrastructure lender Kommunalkredit to the

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Bulgaria: Bobov Dol thermal power plant reports reduced profit despite revenue growth in H1 2025

The Bulgarian thermal power plant Bobov Dol posted a net profit of approximately €150,000 in the first half of 2025, down from €380,000 in the same period last year. Total revenues increased significantly by 68.8%, reaching €108.3 million compared to the first six months of 2024. However, total expenditures also rose by 69.6%, amounting to

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Bosnia and Herzegovina: Republic of Srpska considers 40% increase in electricity distribution network fee

Distribution companies in the Republic of Srpska (RS) have formally requested a 40% hike in the electricity distribution network fee. Vladislav Vladičić, Chairman of the Regulatory Commission for Energy (RERS), confirmed that the proposal has been submitted. The Commission’s next meeting is scheduled for July 31, but it is still uncertain if the fee increase

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