Construction has commenced on a cutting-edge 150 MW wind park grid connection project in a high-altitude mountain region, with Clarion Owners Engineer overseeing the project as the Works Supervisor and Silver& Yellow FIDIC Engineer. This major renewable energy infrastructure...

Serbia is rapidly establishing itself as a key player in the production and export of heavy industrial equipment, mining machinery and steel for global markets. This growth is fueled by the country’s combination of strategic geographic positioning, skilled labor force, competitive costs and...

Serbia has embarked on a series of ambitious infrastructure projects aimed at transforming its economy, enhancing connectivity and improving its role as a regional transport and logistics hub. These projects, supported by both domestic investment and international financing, are...

Serbia is emerging as a critical player in Europe’s renewable energy transition, leveraging its strategic location in the Western Balkans, abundant natural resources and growing partnerships with foreign investors to establish itself as a green energy hub. As Europe...

In addition to electrical and mechanical design engineering and supervision of works, the concept of Owner’s Engineering (OE) has become integral to the successful development of industrial projects in Serbia. Owner’s Engineering provides independent oversight and project management services to ensure that construction aligns...

The Serbian Government has signed an agreement with the European Bank for Reconstruction and Development (EBRD) to secure a 67 million euro loan guarantee for the refurbishment of the Vlasinske hydropower plants. The loan, accessible over a five-year period,...

Janaf, the Croatian oil transportation and storage company, has been caught in the crossfire of escalating U.S. sanctions targeting Russian interests in the energy sector. The company's recent financial report, published in October 2024, revealed that it operates with...

Serbian President Aleksandar Vučić announced that gas flows from Azerbaijan to Serbia have been suspended, with no clear timeline for their resumption. In 2023, Serbia, which consumes over 3 billion cubic meters of gas annually, signed an agreement with Azerbaijan...

The first revitalized unit at Serbia's Bajina Basta pump-storage hydropower plant began a one-month trial operation on January 6, following successful tests. The plant operator, state-owned power utility EPS, announced that the refurbishment of the second unit is scheduled...

Serbia is intensifying its commitment to renewable energy by investing 168 million dinars (approximately 1.436 million euros) to equip public infrastructure with solar panels. The initiative, led by the Ministry of Mining and Energy in collaboration with the Ministry...

TTF gas futures for February 2025 contracts on the ICE market declined in the second week of January 2025 compared to the previous week, although they remained above €45/MWh throughout the week. On Thursday, January 9, TTF gas futures...

In Week 02 of 2025, electricity prices in Southeast Europe (SEE) dropped due to lower electricity demand and reduced gas prices. All SEE markets saw a decrease in electricity prices, except for Türkiye. Serbia and Italy recorded the largest...

In December 2024, the Krško nuclear power plant, jointly owned by Slovenia and Croatia, produced 521,917 MWh of net electricity, exceeding its planned output of 513,000 MWh by 1.74%. In comparison, the plant's production in December 2023 was 518,576 MWh,...

DRI, a subsidiary of the Ukrainian DTEK Group, has achieved a significant milestone in Romania with the connection of the Glodeni II solar power plant to the national grid and the commencement of electricity deliveries to the country’s transmission...

The European energy market is becoming increasingly vulnerable to disruptions in natural gas supplies, raising concerns in Greece about its reliance on Russian imports and Turkey’s growing role in Europe’s gas supply chain. Recent attention has turned to restoring the...