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Bulgaria reports 6.23 GW battery fleet as storage expands

Bulgaria’s operating battery fleet was reported at 6.23 GW by late October, while EBRD and Raiffeisen are financing a new 246 MW battery at Tenevo. The reported fleet and energy-flow figures require verification against underlying data.

Serbian industry weighs battery ownership as SEEPEX reaches EUR 368.6/MWh

Serbian industrial companies must weigh owning batteries against buying flexibility as a service. The choice depends on whether factory-specific savings or market optimisation provides most of the battery’s value.

Serbian firms weigh battery ownership after SEEPEX reaches EUR 368.6/MWh

Serbian industrial companies are weighing battery ownership against buying flexibility as a service. The choice depends on whether site-specific savings or market trading provides most of a battery’s value.

Bulgaria battery growth shifts solar output from midday to evening demand

Bulgaria’s battery build-out is starting to affect how its fast-growing solar fleet contributes to the power system, particularly by moving photovoltaic output away from...

Batteries and grid storage capacity expand in Southeast Europe’s power markets

South East Europe’s power markets are increasingly shaped by a timing mismatch between solar output and demand. Solar generation tends to push prices down...

Balkans shift toward storage, grid upgrades and carbon-linked power economics

During CW21, investors, utilities and transmission operators increasingly focused on the limits of renewable expansion alone to stabilize Southeast Europe’s electricity system. The investment...

Latest news

BHP moves to end options on eight Serbian exploration licences

BHP has issued termination notices for its Central Timok and Borsko exploration options in eastern Serbia, returning eight licences to Mundoro Capital when the notices take effect. The miner retains separate Trstenik and South Timok agreements, while Mundoro seeks partners to fund drilling on the returned licences.

Centerra proposes nearly C$4.1 million for 9.9% Mundoro stake

Centerra Gold has agreed to buy 12.374 million newly issued Mundoro Capital shares for approximately C$4.08 million (€2.60 million), in a proposed placement that would give it a 9.9% stake. The funding would support Mundoro’s exploration and working capital as it seeks partners for projects in Serbia, but the deal has not closed.

Northstone secures commitments for about EUR1.45 million Serbia placement

Northstone Resources secured commitments for a share placement worth about EUR1.45 million to fund exploration at its Tlamino gold-silver and Timok East copper-gold projects in Serbia. The financing will support drilling and technical studies, not mine construction.

European Energy weighs up to 1 GW complex in Bulgaria

European Energy is evaluating a renewable-energy complex in Bulgaria’s Dobrich region, centred on a wind project of up to 1 GW. The concept also includes solar generation, battery storage and infrastructure for industrial users.

JANAF halts Croatian crude flows after estimated 500 cubic metre spill

Croatian oil-pipeline operator JANAF halted crude transport on part of the Sisak-Slavonski Brod route after pipeline equipment was damaged near Prvca. The spill is estimated at 500 cubic metres.