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Romania presents priority investment proposals for Modernization Fund financing to European Investment Bank

Romanian Minister of Energy Sebastian Burduja has unveiled a list of priority investment proposals for financing through the Modernization Fund, which will be sent...

Greece: EIB to support solar projects with 390 million euros

The European Investment Bank has lent Greek energy company DEPA Commercial €390 million to support the development of 800 MW of solar PV projects...

Serbia: EIB to support smart metering in Serbia

The European Investment Bank (EIB) expressed its interest in "in the future providing financial support and participating in the projects of the Ministry of...

EIB to finance 120 MW solar farm in Kosovo

The European Investment Bank (EIB) has signed a 33 million euro investment loan for the construction of a solar farm with a targeted capacity of...

Greece: Admie plans to speed up procedures for the Great Sea Interconnection project

Cyprus has been urged to cough up its €100 million financial share in the Great Sea Interconnector project in a meeting between Greece’s Independent...

Bulgaria: EIB to advise Bulgaria on Maritsa East complex modernization

Bulgarian Energy Ministry signed an agreement with the European Investment Bank on advisory support. Under the agreement, teams from the EIB's Advisory Service will...

Latest news

SEE power prices jump as weekday demand returns, Serbia tops €300/MWh

Southeast European day-ahead electricity prices surged on Monday, October 19, as the return of weekday demand, weaker renewable generation forecasts and continued reliance on...

Greece unveils €200 million battery storage scheme as project pipeline grows

Greece is preparing a €200 million battery-storage support programme as the country seeks to accelerate the deployment of standalone batteries and renewable-linked storage. The...

Djerdap 3 pumped-storage: Bechtel-Enka qualifies as Serbia prepares planning

Serbia has advanced work on the proposed Djerdap 3 pumped-storage hydropower project, with a Bechtel-Enka consortium qualifying for the next stage of government negotiations....

Romania extends 25% diesel excise reduction until Oct. 31

Romania will keep a 25% reduction in diesel excise duty until Oct. 31, extending temporary relief for transport operators and other businesses. The decision...

R.Power completes 55-MW Lazuri solar plant in Romania; grid link by end-2026

Polish renewable-energy developer R.Power has finished construction of the 55-MW Lazuri solar plant in Romania’s Satu Mare county. Grid connection is expected before the...