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Romania: OMV Petrom closes acquisition of Renovatio Asset Management

Oil and gas company OMV Petrom closed the acquisition of Renovatio Asset Management, owner of the largest charging network for electric vehicles in Romania,...

SEE region: Petrol and its partners to install a high-power charging network

Slovenian Petrol Group and three companies—Allego, Emobility Solutions, and GreenWay—have been selected to facilitate the rollout of charging infrastructure for electric vehicles along key TEN-T...

SEE region: Eldrive secures EUR 40 million loan from EIB for 8,500 EV chargers

European Investment Bank (EIB) has approved Eldrive’s request for a EUR 40 million loan to install 8,472 electric vehicle charging stations in Bulgaria, Lithuania...

Romania: OMV Petrom to invest 1.6 billion euros in 2024

Romanian oil and gas company OMV Petrom plans to invest RON 8 billion (EUR 1.6 billion) in 2024 and in each of the coming...

CEE: OMV Petrom will install more than 400 ultra-fast charging points for electric vehicles

Oil and gas company OMV Petrom signed a European funds contract to develop a network of more than 400 ultra-fast charging points for electric...

Latest news

EU recognition of Western Balkan renewable certificates could boost PPAs but not replace CBAM verification

Renewable generators in Serbia, Montenegro and other Energy Community markets could gain access to a broader European market for the environmental attributes of their...

EU reforms could restore multi-trader electricity exports while leaving contractual risks unresolved

European Union policymakers are considering changes that could make it easier for renewable electricity from neighbouring countries to qualify for actual-emissions treatment under CBAM....

Domestic industrial PPAs open new revenue opportunities for Serbian and Montenegrin renewables

Domestic industrial demand can support renewable investment and improve electricity cost predictability, but the carbon value of a power purchase agreement depends on the...

Montenegro’s electricity exporters need stronger PPAs to secure Italian market revenues

The Adriatic interconnector gives Montenegro's renewable generators access to Italian buyers, but investment returns depend on carbon treatment, delivery profiles and the fallback provisions...

Serbian renewable projects face new contractual challenges on the Hungary export corridor

Export PPAs can expand market access for wind and solar projects, but the revenue ultimately reaching developers depends on delivery rights, trading costs and...