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Pokrovac: Battery Storage Can Reduce Electricity Prices by 25 Percent by 2030
Croatia is a country firmly committed to the energy transition, and investments in the flexibility of the power system and the development of battery storage systems are key to its success. These...
UNIDO Strengthens Regional Cooperation in the Western Balkans
Reaffirming its commitment to industrial transformation and regional integration in the Western Balkans, UNIDO convened a meeting with representatives of the Permanent Missions to introduce two new regional projects covering Albania, Bosnia...
Modernization of Montenegro’s Power Grid with EBRD Support
The European Bank for Reconstruction and Development (EBRD), which has been present in Montenegro since 2006, will provide the Montenegrin Electricity Distribution System (CEDIS) with a 35 million euros loan to support...
From Gas Power Plants to 1,200 MW of Renewable Energy: Romania’s Projects for 2025
Romania is preparing for several significant projects in the energy sector in 2025.
In the current global context, where energy security becomes increasingly critical, particularly due to situations such as the disruption of...
The state-owned company Elektrani na Severna Makedonija (AD ESM) is embarking on a new investment cycle in renewable energy sources with the support of a favorable loan from the German development bank...
Huge Response to Projects for Standalone Energy Storage in Bulgaria
During this year, Bulgaria announced a call for grants for standalone energy storage units. The Bulgarian Ministry of Energy then prepared over 580 million euros in grants for these projects.
The proposals received...
ADEX Group Acquires HUPX – A New Era in Regional Electricity Trading
The first regional energy exchange for Central and Southeast Europe, ADEX Group, has announced the successful acquisition of the Hungarian Power Exchange (HUPX), laying a solid foundation for enhancing liquidity, integration, and...
Forests vs. Coal – What Are Montenegro’s Climate Challenges?
The recent Country Climate and Development Report – Montenegro, published by the World Bank, examines the country’s path toward achieving climate goals, emphasizing the need for strategic investments and the implementation of...
Supporting Bulgaria’s Renewable Energy Transition
The European Bank for Reconstruction and Development (EBRD) is lending up to 50 million euros to Tenevo Solar Technologies EAD to build and operate a fully merchant solar photo-voltaic plant in southeastern...
Montenegro – Construction of the “Gvozd” Wind Farm Begins
The construction of the “Gvozd” wind farm has officially started in Montenegro, marking the first major production facility that Elektroprivreda Crne Gore (EPCG) is building after more than 40 years.
The project, initiated...
EBRD Supports Croatia’s Largest Solar Power Plant Operated by Hrvatska Elektroprivreda
For the construction and future operation of the "Korlat" solar power plant in Croatia, the European Bank for Reconstruction and Development (EBRD) has approved a loan of up to 31.6 million euros...
Romania Inaugurates New Solar Park with Energy Storage System
In Sărmășag, Sălaj County, the "Sărmășag" solar park has been officially inaugurated, marking a significant step in Romania’s energy transition.
The new solar facility, with an installed capacity of 51.4 MW, also includes...
Romania Nearing the Adoption of a New Investment Program “Green Energy” 2024-2030
The Ministry of Energy of Romania has launched a public consultation on the draft emergency ordinance for the national investment program "Green Energy," aimed at supporting administrative-territorial units and operators in centralized...
Energy Transition and Market Challenges
During the first day of the Western Balkans Energy Week 2024, held on October 9 and 10 in Montenegro, a panel titled "Navigating Market Challenges: From Securing Land to Balancing Conditions" was...
Western Balkans Energy Week 2024 – Cooperation Towards Energy Transformation
On October 9 and 10, Montenegro is hosting a conference titled "Western Balkans Energy Week 2024" – one of the most significant events bringing together over 250 decision-makers, including government officials and...
Montenegro: New Law on the Use of Energy from Renewable Sources
On 17 August 2024, Assembly of the Republic of Montenegro adopted the Law on the Use of Energy from Renewable Sources, which was published in the Official Gazette of Montenegro, issue no....
