Serbia moves to boost NIS stake amid US sanctions on Russian owners Read More »

Serbia moves to boost NIS stake amid US sanctions on Russian owners

Serbia is looking to increase its ownership in oil company NIS to gain greater influence over strategic decisions as the company navigates US sanctions linked to its Russian shareholders. President Aleksandar Vučić stated that the state aims to acquire an additional 5% stake, which would provide deeper insight into financial flows and operational management. According […]

Serbia: NIS secures crude oil imports via JANAF, set to restart Pancevo refinery Read More »

Serbia: NIS secures crude oil imports via JANAF, set to restart Pancevo refinery

Serbian oil company NIS has secured crude oil imports through the JANAF system to supply its Pancevo refinery, paving the way for a restart of production after weeks of downtime. The company announced that the first deliveries are expected to arrive during the coming week. According to NIS, initial shipments will be followed by additional

Serbia: Vojvodina expands biogas capacity with new 1 MW plant in Plandiste Read More »

Serbia: Vojvodina expands biogas capacity with new 1 MW plant in Plandiste

The development of biogas electricity generation in Vojvodina is gaining further momentum, as newly issued permits indicate additional capacity coming online this year. In the municipality of Plandiste, local authorities have approved the initial construction stages of a biogas power plant with an installed capacity of 1 MW, highlighting the area’s growing importance in renewable

Greece ramps up offshore hydrocarbon exploration, first drilling in 40 years expected by 2026 Read More »

Greece ramps up offshore hydrocarbon exploration, first drilling in 40 years expected by 2026

Greece is moving to accelerate long-stalled offshore hydrocarbon exploration, with both government and industry players signaling tighter schedules for the next key steps. The Ministry of Environment and Energy is working to complete parliamentary approval of four offshore concession agreements involving Chevron within January, a move that would unlock the next phase of activity in

Croatia: Renewables take the lead as wind solar and biomass surpass hydropower in 2025 Read More »

Croatia: Renewables take the lead as wind solar and biomass surpass hydropower in 2025

Croatia reached new milestones in renewable electricity generation in 2025, signaling a structural shift in the country’s electricity system. Provisional data shows that wind farms, solar power plants, and renewable-fuel thermal units collectively became the largest source of electricity for the first time. These technologies together produced over 5 TWh of electricity during the year,

Bulgaria: AES Galabovo boosts output by 36%, supplies 7% of electricity in 2024 Read More »

Bulgaria: AES Galabovo boosts output by 36%, supplies 7% of electricity in 2024

AES Bulgaria reported that its coal-fired thermal power plant, AES Galabovo, generated 2.62 million MWh of electricity in 2024, marking a 35.8% increase compared to the previous year’s 1.93 million MWh. The company stated that TPP Galabovo supplied around 7% of Bulgaria’s electricity consumption last year. In December alone, the power plant produced 256,000 MWh,

Bulgaria poised to launch small modular reactors with Synthos and Blue Bird Energy Read More »

Bulgaria poised to launch small modular reactors with Synthos and Blue Bird Energy

Bulgaria may soon enter the small modular nuclear reactor (SMR) arena following a new partnership between an international nuclear developer and a local energy company. Poland-based Synthos Green Energy has reached a preliminary agreement with Blue Bird Energy to establish a joint venture focused on deploying up to six advanced SMR units in the country.

From power plants to platforms: Renewable business models in Southeast Europe Read More »

From power plants to platforms: Renewable business models in Southeast Europe

By 2025, the renewable electricity sector in Southeast Europe completed a transition that had been underway for nearly a decade but was often misunderstood while it was happening. Wind farms, solar parks and hydro plants ceased to function primarily as isolated production assets and began operating as integrated platforms. This shift did not occur because of

Renewable power as an anchor for industrial relocation in Southeast Europe Read More »

Renewable power as an anchor for industrial relocation in Southeast Europe

By 2025, renewable electricity in Southeast Europe began to influence industrial geography in a way that goes far beyond energy procurement. What initially appeared as a decarbonisation compliance tool has evolved into a structural input for industrial location decisions, investment sequencing and competitiveness strategy. Renewable power is no longer simply an operating cost line. In SEE,

Wind repowering opportunities in Southeast Europe Read More »

Wind repowering opportunities in Southeast Europe

By 2025, wind repowering emerged as one of the most quietly attractive investment opportunities in Southeast Europe. While public attention remained focused on new-build capacity, the region’s first generation of utility-scale wind farms—commissioned largely between 2010 and 2015—entered a phase where asset age, turbine efficiency and evolving market exposure began to materially affect performance. These assets are

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