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Romania: Hidroelectrica unveils €280 million investment plan

At its inaugural investors meeting following its listing on the Bucharest Stock Exchange in July 2023, Romanian electricity producer Hidroelectrica announced an ambitious investment...

Bulgaria: Rezolv Energy secures €90 million financing for St. George solar power plant

Rezolv Energy, supported by UK investment firm Actis, has secured up to €90 million in debt financing for the construction of the 225 MW...

Romania: Hidroelectrica re-launches €106M tender for Brădișor hydropower plant upgrade

Romanian electricity producer Hidroelectrica has re-launched the tender for the refurbishment and upgrade of its 100 MW Brădișor hydropower plant. The company has allocated...

Hungary: MOL in final talks on Russian oil supply scheme

Hungarian oil and gas company MOL is close to finalizing negotiations for a new scheme to ensure the flow of crude oil from Russia,...

Montenegro Bonus started the process of establishing a regional company for the Ionian Adriatic Pipeline-IAP project – Montenegro Business

In two years, the new management of Montenegro Bonus managed to restore the liquidity of the company, to initiate and complete the assessment procedure of...

Serbhungas: Lucrative project or being under monopoly

  The signing of the contract on the establishment of a joint Serbian-Hungarian gas trading company represents only a segment of Budapest’s „offensive“ on the...

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...