Greece: MORE launches 43.2 MW wind farm as part of ambitious renewable energy expansion Read More »

Greece: MORE launches 43.2 MW wind farm as part of ambitious renewable energy expansion

Motor Oil Renewable Energy (MORE) has officially begun regular operations at a new 43.2 MW wind power plant located in northern Greece, near the border with North Macedonia. The facility, equipped with nine Nordex N-149 turbines, had previously entered its testing phase in late 2023. This project forms part of MORE’s larger strategy to significantly […]

Romania: New solar projects advance with over 100 MW in capacity and storage plans Read More »

Romania: New solar projects advance with over 100 MW in capacity and storage plans

Eximprod Grup is preparing to commission a 65 MW photovoltaic facility in Prahova County, north of Bucharest, with plans to add a battery energy storage system after completion. Meanwhile, Simtel has secured financing to finalize a 52 MW solar power plant in Giurgiu County, located south of Romania’s capital. In addition, a developer in Alba

Romania: OMV Petrom and CE Oltenia launch major solar projects to power 410,000 Romanian homes Read More »

Romania: OMV Petrom and CE Oltenia launch major solar projects to power 410,000 Romanian homes

Romania’s largest energy company, OMV Petrom, has signed contracts with the state-owned energy company CE Oltenia for the development of four large-scale solar parks with a total installed capacity of around 550 megawatts. These photovoltaic facilities will be constructed on CE Oltenia’s land in Gorj and Dolj counties and are expected to supply electricity to

Greece announces targeted winter electricity subsidies for one million businesses Read More »

Greece announces targeted winter electricity subsidies for one million businesses

On October 25, the Ministry of Environment and Energy announced a new framework for electricity subsidies aimed at supporting approximately one million businesses across Greece. The measure will cover the period from December 1, 2024, to February 28, 2025, and is intended to offset average electricity price increases during the winter. The subsidies apply to

Romania: ENTSO-E flags planned gas projects as economically unviable by 2035 Read More »

Romania: ENTSO-E flags planned gas projects as economically unviable by 2035

Romania’s plans to build 2.15 GW of combined cycle gas turbine (CCGT) capacity face serious doubts over economic viability and long-term utility, according to the European Resource Adequacy Assessment 2024 (ERAA 2024) published by ENTSO-E, the association of Europe’s transmission system operators. The ERAA 2024 warns that if the new gas plants are constructed, they

Region: Bulgaria remains key to Hungary’s natural gas security Read More »

Region: Bulgaria remains key to Hungary’s natural gas security

Bulgaria continues to play a vital role in ensuring Hungary’s natural gas supply, and will remain a dependable transit partner in the future, Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó stated in a Facebook post on April 23, following discussions with Bulgaria’s Energy Minister Zhecho Stankov. “We highly appreciate the responsible attitude of

Croatia: INA Group posts strong Q1 2025 results with 197% surge in net profit Read More »

Croatia: INA Group posts strong Q1 2025 results with 197% surge in net profit

INA Group reported a net profit of €35.4 million in the first quarter of 2025, reflecting a sharp 197% increase compared to the same period in 2024. The company’s net sales revenue rose by 14% year-on-year to €916.3 million, while clean CCS EBITDA (excluding special items) climbed 38% to reach €88 million. Capital investments for

Europe sees over 30% surge in solar electricity in Q1 2025, setting stage for record year Read More »

Europe sees over 30% surge in solar electricity in Q1 2025, setting stage for record year

Solar electricity production in Europe jumped by more than 30% in the first quarter of 2025 compared to the same period in 2024, marking a strong start to what could be a record-breaking year for solar energy in the region. According to data from Ember, Europe generated nearly 68 terawatt hours (TWh) of solar power

Bosnia and Herzegovina: Insufficient coal for inefficient thermal power plants Read More »

Bosnia and Herzegovina: Insufficient coal for inefficient thermal power plants

Bosnia and Herzegovina (BiH) has become increasingly dependent on imported electricity due to insufficient coal production and outdated thermal power plants, says energy expert Almir Muhamedbegović. The country’s electricity generation has fallen by 15% from 2021 to 2024, and it now lacks enough power to meet domestic demand. As a result, electricity imports surged by

Region: Southeast European electricity market sees price drop amid gas retreat and renewable surge Read More »

Region: Southeast European electricity market sees price drop amid gas retreat and renewable surge

In Week 17 of 2025, wholesale electricity prices declined across most Southeast European (SEE) countries, mainly due to a drop in natural gas prices and an increase in renewable energy generation. Spot prices across continental Europe have more than halved since early 2025, driven by a significant fall in regional gas costs, which are down

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