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EU aid

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The EU will provide financial assistance of 1 billion euros to the Western Balkan region

The Summit of the European Union and the Western Balkans, which was held in Tirana on 6 December, sends a clear message of unity...

Montenegro, In the coming period, the focus will be on the construction of gas pipelines and gas power plants

As part of the EU aid to overcome the energy crisis, numerous infrastructure projects will be considered, with an emphasis on the construction of...

Serbia, 160 million euros of EU aid for country to combat energy crisis

European Commission President Ursula von der Leyen said during her visit to Serbia that the country will get 160 million euros of direct budget...

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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...