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Banks, ESG compliance and the Owner’s Engineer: How financing, regulatory risk and construction supervision interlock in Serbia’s industrial projects

In Serbia’s current wave of industrial and energy development — from wind farms and substations to logistics hubs, factories, and high-voltage facilities — the decisive force shaping project viability is no longer just engineering, cost, or permitting. It is ESG compliance: Environmental, Social, and Governance requirements that now sit at the centre of financing, construction […]

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Montenegro: Gvozd 2 wind farm cleared without full environmental impact study, expansion to reach 75 MW by 2026

The Montenegrin Environmental Protection Agency has decided that the planned 21 MW Gvozd 2 wind farm does not require a full environmental impact assessment. The agency emphasized that the investor must fully comply with all environmental protection measures specified in the project documentation and adhere to applicable technical regulations. The Gvozd 2 project represents an

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Serbia: Čibuk 2 wind farm begins trial operation, full commissioning planned for December

The Čibuk 2 wind farm, located in the municipality of Kovin in southern Banat, officially began trial operation on 21 October. So far, 35 MW of installed capacity has been connected to Serbia’s national electricity grid. The installation of all turbines is expected to be completed by mid-November, with the full 154 MW facility scheduled

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Romania launches third CfD tender for 290 MW of onshore wind projects

The Romanian Ministry of Energy, in cooperation with Transelectrica, the operator of the Contracts for Difference (CfD) mechanism, has announced the third competitive tender for renewable energy producers under the CfD support scheme. The bidding process will take place between 21 and 25 November, with applications due by 14 November. This round will allocate operational

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Romania: GE Vernova secures order to supply 252 MW Ialomita wind project

GE Vernova has signed an agreement with Greenvolt International Power to supply wind turbines for the 252 MW Ialomita wind farm in southeastern Romania. The order, confirmed in the third quarter of 2025, includes the delivery, installation, and commissioning of 42 onshore turbines from GE Vernova’s 6.1 MW–158m series. Deliveries are scheduled to begin in

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Electrical works supervision in construction projects: The technical pillar of Owner’s Engineer and investor oversight

Electrical works form the nervous system of any modern infrastructure project — from wind farms, substations, and industrial plants, to smart buildings and urban energy grids. The precision, safety, and reliability of electrical systems define the overall integrity of the project. At the center of this process stands the Supervisor of Electrical Works — the professional responsible for ensuring that

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Bosnia and Herzegovina: Bitovnja wind farm project moves forward with call for consultancy services

The development of the Bitovnja wind farm near Konjic has advanced to a new stage with the launch of a call for expressions of interest and prequalification for consultancy services. This marks another important step in preparing for the start of construction. The project is financed by the German Development Bank (KfW) under the Ministry

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Bosnia and Herzegovina: RS Government launches new concession for Trusina 50 MW wind farm

The Ministry of Energy and Mining of the Republic of Srpska (RS) has announced a public call for bids to grant a concession for the construction and operation of the Trusina wind farm near Nevesinje. The project is planned to have an installed capacity of up to 50 MW, with an expected annual electricity output

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Romania: Elawan Energy secures 15-year CfD contracts for 92 MW of wind projects

Spanish independent power producer Elawan Energy has signed 15-year contracts for difference (CfD) with the Romanian Government for two wind projects totaling 92 MW in capacity. The agreements were secured through Romania’s latest renewable energy auction. Both wind farms have reached the ready-to-build stage, with commissioning scheduled for 2028. The CfD mechanism guarantees stable revenues,

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