Serbia’s electricity transmission operator EMS has signed a contract with a consortium of construction firms to build the new 400/110 kV Belgrade 50 substation in Ugrinovci. The project, worth around 50 million euros, is scheduled for completion in 2027. The substation will feature complete 400 kV and 110 kV switchyard systems, a 400/110 kV transformer […]
State-owned power utility EPS has confirmed that construction of the Kostolac wind farm has been completed and that the facility has started generating its first megawatt-hours. After receiving approval for grid connection, the first turbine was energized, initiating the project’s trial operation phase. EPS management emphasized that this milestone marks the company’s formal entry into
Serbia: EPS begins trial production at newly completed 66 MW Kostolac wind farm Read More »
Serbia’s energy system is built on a paradox. The country urgently needs new electricity-generation facilities to secure supply, support industry, and accelerate the shift toward cleaner energy. Yet its dominant state-owned utility, Elektroprivreda Srbije (EPS), is delivering new projects slower than expected—or in some cases, not delivering them at all. While demand climbs and Serbia
State-owned power utility EPS has started testing the switchgear at the Kostolac wind farm, the company’s first wind energy project with an installed capacity of 66 MW. The tests are being carried out by teams from the transmission system operator EMS and mark a crucial step before the facility can be connected to Serbia’s national
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Montenegro’s state-owned power company EPCG has launched a tender to select a contractor for the main design of the Krupac solar power plant, with an estimated contract value of 125,000 euros. The plant is planned on the shore of Krupac Lake near Nikšić, with technical documentation outlining a total installed capacity of 41.8 MW. EPCG
Montenegro: EPCG launches tender for main design of 41.8 MW Krupac solar power plant Read More »
The company reported continued progress in both production and financial performance, highlighting strong results in its mining division. Coal output exceeded the planned target by 8 percent and was 7 percent higher than in the same period of 2024. To maintain this momentum, EPS is advancing mechanization works at the new Kolubara pit Radljevo, enabling
Pljevlja coalmine recorded a net loss of 4.5 million euros in the first half of 2025, worsening compared to a 3.8 million euros loss during the same period last year. Sales revenues declined by 13.7 percent to 19.6 million euros in the first six months of 2025, while operating expenses decreased by 10 percent to
Montenegro: Pljevlja coalmine reports increased losses in H1 2025 amid lower revenues Read More »
The Professio Energia group reported consolidated revenues of 15.57 million euros in the second quarter of 2025, while the parent company posted 2.16 million euros in non-consolidated sales. The performance was largely driven by electricity production from the Rudine, Danilo, and Mazin 2 wind farms, operated by VE Rudine, RP Global Danilo, and Liburana, respectively.
Croatia: Professio Energia posts strong Q2 results on rising wind output Read More »
Bosnia and Herzegovina’s state-owned power utility, EPBiH, reported a net loss of approximately 23.3 million euros in the first half of 2025, a deeper deficit compared to the 13.7 million euros loss recorded during the same period in 2024. During the first six months of 2025, the company generated total revenues of 381 million euros,
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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