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Romania transforms telecom backup batteries into virtual power plant

Romania is testing whether thousands of backup batteries installed at telecommunications sites can be transformed from emergency infrastructure into a distributed virtual power plant...

Romania: Distrigaz Sud Retele invested 106 million euros in the distribution network in 2023

In 2023, Distrigaz Sud Retele made total investments in the natural gas distribution network worth 530 million RON (around 106 million euros). These were...

Romania: Electrica approved an investment budget of 177 million euros for DEER in 2024

The Board of Directors of the Electrica Group approved the consolidated value of the investment plan (CAPEX) for the year 2024, in the total...

Montenegro applied for 137 million euros in WBIF funding for energy, infrastructure projects

The government has applied for 137 million euros in financing from the EU's Western Balkans Investment Framework (WBIF) for 12 projects spanning energy, infrastructure,...

No green transition without mining

Electrifying transport and developing sustainable batteries are vital components of the energy transition. Electric vehicles and energy storage need batteries, and batteries need materials...

Bulgaria, ESO has invested more than 25 million euros in the digitalization of the electricity network

CEO of Bulgarian electricity transmission system operator ESO Angelin Tsachev said that the operator has invested more than 25 million euros in the digitalization...

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Hungarian power prices surge as weak wind drives Southeast Europe higher

Hungarian electricity prices jumped nearly 12% for Tuesday delivery, driving a broader increase across Southeast Europe as a sharp decline in forecast wind generation...

TDI financing for 58 MW Iratoșu solar plant in western Romania

TDI Renewables has secured €25.5 million in financing from Raiffeisen Bank International for its 58 MW Iratoșu solar power plant in western Romania. The...

Nuclearelectrica revises 2026 outlook as Cernavoda outages drive replacement power costs

Romanian nuclear producer Nuclearelectrica has reduced its forecast for 2026 net profit by 42.9% to €221 million. The company attributed the change to prolonged...

MMK Vilusi requests environmental screening for 35 MW solar plant in Nikšić

MMK Vilusi has applied for environmental screening for a 35 MW solar power project in western Montenegro, with the development planned for the Nikšić...

North Macedonia extends oil-supply emergency framework to April 2027

North Macedonia has prolonged its oil-supply emergency framework, with the country’s parliament extending the measure until April 20, 2027. The extension keeps government powers...