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Ministry of Energy of Romania Announces Cost Reductions in State-Owned Enterprises
The Ministry of Energy of Romania has announced an extensive reform plan for state-owned enterprises in the energy sector, aiming to achieve savings of over one billion lei, approximately 200 million euros, to ensure the long-term sustainability of these companies.…
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 the modernization and digitalization of Montenegro’s power grid.…
Second Eco Forum – A Blend of Education, Innovation, and Entertainment in Herceg Novi
The second Eco Forum, organized by company Vozim na Struju, is set to take place in April 2025 in the picturesque surroundings of Herceg Novi. This year’s forum is expected to gather a significant number of ambassadors, over 60 speakers…
Balkan Solar Summit 2025 – Shaping the Future of Sustainable Energy
The third Balkan Solar Summit will take place in Banja Luka on February 27-28, 2025, gathering over 500 industry leaders, decision-makers, investors, and experts from across the region, including Bosnia and Herzegovina, Croatia, Serbia, Montenegro, North Macedonia, Slovenia, and beyond.…
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 Russian gas supplies via Ukraine, Romania underscores…
North Macedonia: Funding Secured for Three Solar Power Plants and Expansion of the Bogdanci Wind Park
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 KfW. This initiative includes the construction of the…
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 for the RESTORE program, initiated by the…