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Gvozd II wind expansion set for spring 2027 as EPCG complex reaches 76 MW

Montenegro is targeting spring 2027 for the commissioning of Gvozd II, as state utility EPCG expands its wind portfolio. The project is expected to...

EPCG progresses Gvozd 2 wind expansion with second turbine foundation in Montenegro

Montenegro’s state power utility EPCG has completed work on the second of three turbine foundations at the 21 MW Gvozd 2 wind farm. The...

Gvozd wind farm expansion lifts EPCG’s summer renewable output in Montenegro

Elektroprivreda Crne Gore (EPCG) says the 54.6 MW Gvozd wind farm is starting to change the seasonal generation balance of its portfolio. The project...

Gvozd wind output cuts EPCG deficit in Montenegro’s first three months

Early generation from 54.6 MW Gvozd Montenegro’s 54.6 MW Gvozd wind farm produced 26 GWh during its first three months of operation, contributing to offsetting...

Montenegro commissions Gvozd wind farm, advancing renewable energy goals

Montenegro has inaugurated the Gvozd wind farm, a significant addition to the country's energy landscape and a pivotal step in its transition towards renewable...

Montenegro’s Gvozd Wind Farm Enters Trial Operations with First Turbine Online

The Gvozd wind farm in Montenegro has reached a significant milestone as the first turbine has commenced trial operations, marking a crucial advancement in...

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Electricity and carbon costs reshape SEE industrial export economics

Analysis developed by Virtu.Energy Banks financing manufacturers across Southeast Europe increasingly need to assess whether borrowers can preserve their EU export margins after electricity costs, embedded...

ETS and CBAM reshape SEE electricity trade as carbon costs squeeze export margins

Analysis developed by Virtu.Energy Electricity producers, traders and banks across Southeast Europe are facing a growing gap between prices available on neighbouring EU electricity exchanges and...

Croatia amends Electricity Market Act to expand aggregation, grid studies, and connection rights

Croatia’s amended Electricity Market Act entered into force on October 15, 2026, introducing changes that go beyond conventional electricity-market reform. The legislation reshapes the...

Boron One Piskanja boron project valuation rises to €569m in updated assessment

Canadian mining company Boron One Holdings has raised the projected economic value of its Piskanja boron project in southern Serbia to approximately €569 million....

SEE electricity prices surge as wind generation drops and Serbia becomes the region’s most expensive market

Southeast European day-ahead electricity prices rose sharply on Friday, with Serbia emerging as the region’s most expensive market as weaker wind generation, higher cross-border...