Region
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…
Strengthening Energy Ties – Romanian Section of the Power Line to Serbia Commissioned
At the beginning of the year, a meeting was held in Athens between the energy ministers of Romania and Serbia to discuss opportunities for enhancing cooperation in the energy sector. The discussions emphasized the importance of regional connectivity in the…
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…