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GREGY interconnector

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GREGY Greece-Egypt interconnector moves into detailed engineering and financing phase

The GREGY electricity interconnector between Egypt and Greece has entered a more advanced preparation stage, with engineering, environmental and seabed studies progressing alongside financing...

Greece and Egypt sign MoU to advance GREGY subsea electricity interconnection project

Greece’s and Egypt’s electricity transmission system operators, ADMIE and EETC, have formalized cooperation with ELICA, a subsidiary of the Copelouzos Group, through a newly...

Egypt-Greece electricity interconnection project reaches key milestone with EBRD grant agreement

A significant step forward has been made in the development of the Egypt-Greece electricity interconnection (GREGY) project, with the signing of a grant agreement...

Region: Four companies bid for Greek-Egyptian GREGY interconnector project

Four out of six companies have advanced to the second round of the Greek-Egyptian GREGY Interconnector project, submitting bids for contracts related to studies...

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...