Serbia is on the verge of launching its first large-scale wind power facility under the state-owned power utility EPS, with construction of the Kostolac wind farm entering its final stage. Minister of Mining and Energy, Dubravka Djedovic, announced that trial operations are expected to begin this autumn. The Kostolac wind farm, boasting a total installed […]
Danish renewable energy developer Eurowind Energy has announced plans to develop a large-scale solar park in Visina, Dâmbovița County. With an installed capacity of 220 MW, this will be the company’s largest project in Romania and one of the biggest solar ventures in the country. The investment is estimated at nearly 175 million euros. The
Romania: Eurowind Energy to build 220 MW solar park in Dâmbovița County Read More »
In April 2025, total electricity consumption in North Macedonia reached 460,185 MWh. Natural gas consumption totaled 6.79 million cubic meters, coal consumption was 305,848 tons, and petroleum products consumption stood at 101,241 tons, according to the State Statistical Office. Domestic electricity production covered 73.6% of the consumed electricity in April. Nearly all coal consumed (99.9%)
North Macedonia: Energy consumption and production overview in April 2025 Read More »
The European Bank for Reconstruction and Development (EBRD) plans to provide €50 million in financing to support the development, construction, and operation of eight new solar power plants across the Federation of Bosnia and Herzegovina (FBiH). These plants will have a combined installed capacity of 85 MW. The loan will be extended to the state-owned
Bosnia and Herzegovina: EBRD to finance 85 MW of new solar power plants Read More »
Electricity distribution operator HEP ODS has completed the installation of a new 20 kV submarine cable connecting Tribunj on the mainland with the islands of Logorun and Kaprije. Spanning 8,150 meters, the cable strengthens energy security for Kaprije and finalizes an electric ring supplying the Šibenik archipelago. Similar installations were carried out in June on
Croatia: HEP upgrades submarine cable network to secure power supply for islands Read More »
Bulgarian coal-fired power plant Bobov Dol will distribute a dividend of 0.051 euros per share for 2024, allocating around 444,000 euros from its net profit of just over 2 million euros. The remaining profit will be retained for future use. Dividend payments will begin on August 20 and continue over three months. This year’s payout
Bulgaria: TPP Bobov Dol declares 2024 dividend amid profit decline Read More »
The Independent Bulgarian Energy Exchange (IBEX) recorded a new daily trading volume high on its intraday market segment for the delivery day of June 22, 2025. A total of 22,881.33 MWh was traded through the continuous trading mechanism, surpassing the previous record of 22,546.78 MWh set on May 21, 2025, by 1.5%.
Bulgaria: IBEX sets new intraday market record with 22,881 MWh traded Read More »
Greencells Renewables Albania, a subsidiary of Germany’s Greencells Group, has submitted an application for an environmental permit to build a 96 MW solar power plant in northeastern Albania, near the village of Kastriot. The project would cover over 426,000 square meters and involve the installation of 137,150 solar panels and 268 inverters. The Albanian environmental
Albania: Greencells plans 96 MW solar power plant Read More »
In the third week of June, average electricity prices increased in most major European markets compared to the previous week, with the notable exception of the Nordic countries’ Nord Pool market, which saw a 37% drop. France’s EPEX SPOT market experienced the largest percentage increase at 83%. Other markets analyzed by AleaSoft Energy Forecasting showed
Europe: Electricity prices rise in mid-June amid market variations Read More »
During the week of June 16, electricity demand increased in most major European electricity markets compared to the previous week. Spain saw the largest rise at 7.8%, marking its fifth consecutive week of growth. France and Belgium followed with increases of 5.2% and 4.8%, respectively. Despite the Corpus Christi holiday on June 19, Portugal’s demand
Europe: Electricity demand rises across most markets in mid-June Read More »
