electricity

Region: SEE sees mixed electricity price trends amid rising demand and renewable surge in Week 24 of 2025

In Week 24 of 2025, electricity market prices declined across all Southeast European (SEE) countries except Italy and Türkiye. Despite ongoing tensions in the Middle East and rising gas prices, European electricity prices have generally decreased recently. This trend was mainly driven by increased renewable energy production and high gas reserve levels. The week started […]

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Slovenia: Distributors to invest over €150 million in smart grid modernization by 2026

Slovenia’s five leading electricity distribution companies—Elektro Primorska, Elektro Ljubljana, Elektro Gorenjska, Elektro Celje, and Elektro Maribor—are set to invest more than €150 million by March 2026 to modernize the national electricity network and integrate smart grid technologies. These companies, which operate the country’s regional electricity infrastructure under the coordination of system operator ELES, plan to

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Romania: Retele Electrice launches €26 million tender to upgrade power grid

Retele Electrice Romania, part of the PPC group, has launched a major public procurement process to acquire advanced equipment for modernizing the national electricity distribution network. The tender, valued at over €26 million (excluding VAT), focuses on purchasing 24 kV prefabricated equipment for secondary substations, supporting investment projects planned for 2025 and 2026. This initiative

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Chinese technology manufacturers and developers overtaking Serbian wind market

Mingyang recently announced the start of installation at the Serbia Black Peak wind farm, where it is supplying 25 units of its 6.25-172 model.  Chinese SPIC is the sole owner of 150MW wind park Black Peak. Located on high mountain terrain of eastern Serbia, Black Peak WPP is unique project developed by local company Sage and Kodar. Local

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Romania: Engie expands renewable portfolio with new 37.2 MW solar power plant in Prahova

Engie Romania has completed its sixth solar power plant in Aricestii Rahtivani commune, Prahova county, with an installed capacity of 37.2 MW. This marks a significant step in the company’s renewable energy expansion and commitment to the energy transition. The new facility covers 57 hectares and is expected to generate about 57 GWh of clean

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Hungary sets record with 6,200 MW solar output, surpasses domestic electricity demand

Hungary achieved a record solar electricity generation milestone last Friday, with domestic solar output peaking at 6,200 MW during a 15-minute interval starting at 12:15 PM, according to data from the electricity transmission system operator MAVIR. This marks the highest solar power production from both household and industrial systems ever recorded in the country. During

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Bosnia and Herzegovina: New 64 MW solar power plant near Stolac expands country’s largest photovoltaic project

A new 64 MW solar power plant near Stolac in Herzegovina has officially started feeding electricity into Bosnia and Herzegovina’s national grid. This facility represents the second phase of the Hodovo solar project, the country’s largest photovoltaic power plant. Developed by Tibra Pacific, the plant uses advanced Stellar 1N+ ABC solar modules supplied by the

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Romania aims for 6.5 GW wind power capacity by 2028 amid Europe’s renewable energy surge

Romania is projected to reach 6.5 gigawatts (GW) of installed wind power capacity by 2028, with 3 GW expected to be added within the next three years, according to the Romanian Wind Energy Association (RWEA). This rapid growth is driven by a new generation of wind turbines that are three times more powerful than those

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Albania: ALPEX records 124.5 GWh of electricity traded in May 2025, down from previous year

The Albanian electricity exchange ALPEX reported that a total of 124.5 GWh of electricity was traded on the day-ahead market in May 2025. This marks a 2.6 percent decline compared to the previous month and a 7 percent decrease compared to May 2024. Of the total volume, 67.5 GWh was traded for the Kosovo bidding

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Europe: Electricity demand rises in most markets amid rising temperatures in early June 2025

In the second week of June, electricity demand rose in most major European markets compared to the previous week. Italy experienced the largest increase at 12%, driven by a rebound in demand following the Republic Day holiday on June 2. France saw a 2.2% increase despite June 9 being the national Whit Monday holiday. Spain’s

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