Transelectrica launches major projects...

Romanian electricity transmission system operator Transelectrica has launched two major infrastructure projects to...

Romania launches third CfD...

The Romanian Ministry of Energy, in cooperation with Transelectrica, the operator of the...

Montenegro: EPA clears two...

Montenegro’s Environmental Protection Agency (EPA) has decided that Unipan Green, a local company,...

Slovenia: Šoštanj thermal power...

At the end of September, the Šoštanj thermal power plant began an extensive...
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Montenegro: CGES launches €36 million modernization of Brezna substation with EBRD and EU support

Montenegrin electricity transmission system operator CGES has initiated a procurement process for two 400/110 kV, 300 MVA power transformers, marking the beginning of a...

Montenegro: CGES declares 5 million euro dividend amid continued investment plans

Montenegrin electricity transmission system operator CGES will distribute a gross dividend of 5 million euros to its shareholders, following approval at the company’s annual...

Montenegro: CGES doubles Q1 profit in 2025 on higher revenues and stable costs

Montenegro’s electricity transmission system operator CGES posted a net profit of 7.7 million euros in the first quarter of 2025, nearly doubling the 3.9...

Montenegro: CGES reports decline in net profit for 2024, despite reduced operating expenses

Montenegrin electricity transmission system operator, CGES, reported a net profit of 24.8 million euros in 2024, marking a decline from the previous year's net...

Montenegro signs agreement for 50 MW Rudine solar power plant

Montenegrin electricity transmission system operator CGES has signed a network connection agreement with Qair Montenegro, a subsidiary of French renewable energy company Qair International,...

Montenegro secures €950,000 grant for power grid modernization and renewable energy integration

Montenegrin electricity transmission system operator CGES has signed a €950,000 technical grant agreement with the French Development Agency (AFD) and French utility company RTE...
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