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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 effective policies. Like other Western Balkan countries, Montenegro…
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 Bulgaria. The Tenevo plant is expected to generate…
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 in 2019, is valued at 82 million…
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 to Hrvatska Elektroprivreda d.d. (HEP). The planned solar…
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 an advanced battery energy storage system with…
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 heating systems. The program will be implemented from…
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 organized. Panel participants discussed the challenges investors in…