Romania: Hidroelectrica launches first solar project at hydropower plants on Olt River Read More »

Romania: Hidroelectrica launches first solar project at hydropower plants on Olt River

Romanian electricity producer Hidroelectrica has signed a contract to fully implement a solar energy project at its hydropower plants (HPPs) along the middle and lower Olt River. This marks the company’s first foray into solar energy and represents a key step in diversifying its renewable energy portfolio. The project aims to capitalize on the solar […]

Romania: ENEVO Group to build largest solar power plant in Arad Region Read More »

Romania: ENEVO Group to build largest solar power plant in Arad Region

ENEVO Group has been appointed as the general contractor for the Helios Arad solar power plant, an ambitious renewable energy project with a planned installed capacity of 85 MW—making it the largest solar facility in the region. The project is financed by Unigea Solar Projects Romania, a subsidiary of the German-based Unigea Group. Under the

Hungary criticizes EU plan to end Russian energy imports by 2027 Read More »

Hungary criticizes EU plan to end Russian energy imports by 2027

Hungarian Foreign Minister Péter Szijjártó has strongly opposed the European Commission’s newly unveiled plan to phase out all imports of Russian gas, oil and nuclear fuel by the end of 2027. The proposed strategy, aimed at eliminating the EU’s dependency on Russian energy, has sparked backlash from Budapest, which relies heavily on Russian supplies. Szijjártó

Greece: Crete-Attica electricity interconnection enters final testing phase Read More »

Greece: Crete-Attica electricity interconnection enters final testing phase

Greece’s electricity transmission system operator, ADMIE, along with its project implementation arm Ariadne Interconnection, has reached a key milestone in the Crete-Attica electricity interconnection project. A final inspection at the Damasta converter station in Heraklion marks the beginning of the last phase of testing, ahead of the launch of the trial operation. The facility is

Greece: Public call for solar power plant installation in family homes opens 6 June Read More »

Greece: Public call for solar power plant installation in family homes opens 6 June

The Environmental Protection and Energy Efficiency Fund has announced a new public initiative to support the installation of solar power plants on family homes. Starting 6 June, eligible homeowners can apply for co-financing to help cover the costs of installing photovoltaic systems for personal electricity use. This initiative targets the installation of solar power systems

Croatia: Janom Investments reaches ready-to-build stage for 30 MW solar power plant Read More »

Croatia: Janom Investments reaches ready-to-build stage for 30 MW solar power plant

Roughly a year after announcing its pilot solar project in Croatia’s Slavonia region, Janom Investments has advanced to the ready-to-build phase for a 30 MW photovoltaic plant. This marks the company’s first investment in Croatia and represents a key milestone in its strategy for regional growth. Construction is set to begin in August 2025, with

Greece: Electricity prices rise for households despite wholesale market drop Read More »

Greece: Electricity prices rise for households despite wholesale market drop

Electricity providers in Greece have announced price hikes of up to 17% for May, even as wholesale electricity prices continue to decline. The average wholesale price fell by around 16% last month, dropping to €89 per megawatt-hour, yet retail rates—particularly on green tariffs—have risen significantly. Green tariffs, which are used by approximately 72.4% of households

Romania: OMV confirms Neptun Deep gas production to begin in 2027, boosting EU energy security Read More »

Romania: OMV confirms Neptun Deep gas production to begin in 2027, boosting EU energy security

Austrian energy group OMV announced that gas production from Romania’s Black Sea Neptun Deep project is set to start in 2027, marking a major step forward for European energy independence. The €4 billion venture is being developed jointly by OMV’s Romanian arm, OMV Petrom, and state-owned gas producer Romgaz, with both holding equal 50% stakes.

Serbia: EPS secures purchase of electricity from Alibunar wind farms, expanding renewable energy capacity Read More »

Serbia: EPS secures purchase of electricity from Alibunar wind farms, expanding renewable energy capacity

State-owned power utility EPS has secured the purchase of electricity from the upcoming Alibunar 1 and 2 wind farms, which will have a combined capacity of 168 MW. This move is part of EPS’s ongoing commitment to invest in renewable energy projects, aiming to strengthen its production portfolio and market position while supporting renewable energy

Romania: OPCOM reports decrease in traded volume and price fluctuations in April 2025 Read More »

Romania: OPCOM reports decrease in traded volume and price fluctuations in April 2025

In April 2025, the average price of electricity on the day-ahead market of the Romanian energy exchange OPCOM stood at 86.44 euros/MWh, marking a 44.08% increase compared to the same month in 2024, but a 18.74% decrease from the previous month, when the average baseload price was 106.36 euros/MWh. The total traded volume for April

error: Content is protected !!
Scroll to Top