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Scatec secures financing close for 77 MW Urleasca wind under Romania CfD

Norwegian renewable developer Scatec has reached financing close for the 77 MW Urleasca wind farm. Total project investment is estimated at approximately €168 million...

Renewable auctions and CfDs expand bankability across Southeast Europe

Auctions and Contracts for Difference (CfDs) are increasingly used to finance renewable energy projects in South East Europe. While they do not remove all...

Auctions and CfDs: Making Balkan renewables bankable

Auctions and Contracts for Difference are becoming one of the most important tools for renewable financing in South East Europe. They do not eliminate...

Romania: Renewable energy investors seek more transparency in allocation of public funds

The Romanian Photovoltaic Industry Association (RPIA) and the Romanian Wind Energy Association (RWEA) representing producers, developers, service providers, and equipment suppliers in the renewable...

Romania: Wind projects to be favored over solar

Romania may allocate a larger share of this year's auction for CfD-backed projects to wind farms, energy minister Sebastian Burduja announced. A large amount of...

EU: Parliament adopts reform of the electricity market

The reform adopted last week will make the EU electricity market more stable, affordable, and sustainable. The measures, composed of a regulation and a directive...

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...