Europe sees 30% surge in solar power in early 2025, setting the stage for a record-breaking year
Solar electricity generation across Europe jumped by over 30% in the first quarter of 2025 compared to the same period […]
Serbia: NIS seeks extended US sanctions delay as current license nears expiry
Serbian oil company NIS announced that it has submitted a new request to the US Department of the Treasury for
Romania: Nofar Energy finalizes major contract for 265 MW solar power plant
Nofar Energy has secured a comprehensive contract for a 265 MW solar power plant in Corbii Mari, Dambovita County, just
Montenegro: CEDIS allocates over €30 million for 2025 electricity infrastructure upgrades
Montenegrin electricity distribution system operator, CEDIS, has earmarked more than 30 million euros for infrastructure investments in 2025, aiming to
Montenegro faces decline in electricity production in 2024 amidst challenging hydrological conditions
Montenegro saw a notable decrease in electricity production in 2024, generating 3,447 GWh, which is a 15% drop compared to
Hungary sets record low electricity consumption amid surge in solar power
Hungary set a new record for its lowest-ever electricity consumption on Easter Monday, thanks to exceptional solar energy production, as
Greece: Balancing market contributes 21% to earnings of electricity producers in 2023
In 2023, the balancing market remained a crucial source of revenue for electricity producers, contributing approximately 21% of their total
Croatia: Krk LNG terminal expansion set to double capacity, auction for new slots scheduled
The installation of a new regasification module at the LNG terminal on the Croatian island of Krk is nearing completion,
Serbia: Fortis Energy to build 110 MW solar power plant with storage
Turkish renewable energy company Fortis Energy has announced plans to construct a 110 MW solar power plant near the town
Romania: Banca Transilvania backs Simtel with €28 million to complete Giurgiu solar power plant
Banca Transilvania is extending €28 million in financial support to Simtel, a leading Romanian renewable energy company, to complete the
Romania: Eximprod Group completes 50 MW solar power plant in Prahova
Eximprod Group has successfully completed the construction of a 50 MW solar power plant in Ciorani, located in Romania’s Prahova
Bosnia and Herzegovina: HPP Visegrad sees surge in electricity production in March 2025
Hidroelektrane na Drini, a subsidiary of power utility ERS and operator of the Visegrad Hydropower Plant (HPP), reported a significant