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Western Balkans: EIB invested 1.2 billion euros across across the region in 2023

EIB Global, the financial arm of the European Investment Bank (EIB) for activities outside the European Union, invested a record-breaking 1.2 billion euros across...

Serbia: EBRD considers 50 million euro loan for energy efficiency

The European Bank for Reconstruction and Development is considering providing a loan of up to 50 million euros to Serbia to help it implement...

EBRD could decide to end all fossil fuel investments

Between 2018 and 2021, the EBRD pumped EUR 2.9 billion in public money into oil and fossil gas projects around the world. Now, public...

Western Balkans: EIB to ramp up support for the green transition

EIB Vice-President Czerwińska expressed the Bank’s continuing support for the enlargement process and economic convergence of the Western Balkan region. EIB Global is set to...

Latest news

Slovenia net generation down 13% in August as imports increase

Slovenia’s net electricity generation fell 13% year on year in August to 919 GWh. Production was also 7% lower than in July. The month’s...

Serbia launches $600 million gas network modernisation with World Bank support

Serbia has secured a $600 million World Bank framework for a gas-system overhaul. The programme is planned as a decade-long modernisation of Serbia’s gas...

Bulgargaz obtains 10-year wholesale gas licence for Serbia

Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas...

North Macedonia generation drops 22% in July as renewables rise

North Macedonia’s gross electricity generation declined 22.3% year on year to 460,035 MWh in July, even as hydro and wind output increased. The month’s...

MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in...