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Croatia: INA’s profit reached 250 million euros in 2023

Oil and gas company INA said that its consolidated net profit in 2023 remained the same as the previous year, at 250 million euros,...

Croatia: INA’s profit reached 158 million euros in the first nine months

Oil company INA recorded a net profit of 158 million euros in the first nine months - 58% lower compared to the same period...

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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...

Transelectrica to invest over €2.25bn in Romania grid upgrades through 2035

Romanian transmission system operator Transelectrica plans to invest more than €2.25 billion between 2026 and 2035 as part of a ten-year grid programme. The...