solar power plant

Bosnia and Herzegovina: Republic of Srpska opens tender for 7.95 MW solar power plant near Trebinje

The Ministry of Energy and Mining of the Republic of Srpska has launched a tender for a concession to build and operate the SET 1 solar power plant near Trebinje. The planned facility will have an installed capacity of 7.95 MW and is expected to generate around 11.457 GWh of electricity annually. The investment is […]

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Bosnia and Herzegovina: Revised environmental assessment clears path for Dubovik solar power plant

A revised preliminary environmental impact assessment for the Dubovik solar power plant has been released for public review following an uncertain legal dispute over the concession award. The project is led by local companies GTI and SunnyFox, which secured the concession in November 2024. A lawsuit challenging the award was filed by a consortium including

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Romania: DRI secures €60 million financing for 126 MW Vacaresti solar project

DRI, the European renewables division of Ukrainian DTEK, has secured non-recourse financing of up to 60 million euros from UniCredit and Garanti BBVA for the Vacaresti solar project in Dambovita County. The financing package includes a 56 million euro long-term construction and term loan, a 4.4 million euro VAT facility, a Debt Service Reserve Facility,

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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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Montenegro: EPCG launches tender for 2.5 MW Slano solar power plant design

Montenegrin state-owned energy company EPCG has announced a tender for the preparation of project documentation for the construction of the Slano solar power plant, located on the Slano reservoir dam. The planned photovoltaic facility will have an installed capacity of 2.5 MW. The tender, valued at 13,000 euros, requires bids to be submitted by August

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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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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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Albania: Voltalia’s Karavasta solar power plant generates 132 GWh in first half of 2025

French renewable energy company Voltalia reported that its 140 MW Karavasta solar power plant in southwestern Albania generated a total of 132 GWh of electricity in the first half of 2025. The plant began producing electricity in December 2023. Half of the plant’s annual output is supplied to the Albanian electricity distribution system operator OSHEE

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Croatia: RP Global begins construction of largest solar power plant with EBRD backing

In late April, Austrian renewable energy company RP Global began construction of the 21 MW Novalja solar power plant on the Croatian island of Pag. This project is set to become the largest solar facility in Croatia to date. The European Bank for Reconstruction and Development (EBRD) is supporting the development with a senior, non-recourse

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