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Montenegro strengthens green energy transition with UGT Renewables and Hyundai partnership

Representatives from UGT Renewables and Hyundai met with officials from the Electric Power Company of Montenegro (EPCG), continuing the dialogue that began in 2023....

Slovenia: Westinghouse and Hyundai to conduct feasibility study for Krško nuclear power plant expansion

US-based nuclear energy company Westinghouse, in collaboration with South Korea’s Hyundai Engineering & Construction, will conduct a technical feasibility study for the planned second...

Serbia signs major contract for 1 GW self-balancing solar power project with Hyundai and UGTR

Minister of Mining and Energy Dubravka Djedovic and Dusan Zivkovic, General Director of the state-owned power utility EPS, have signed a contract with a...

Montenegro: EPCG signs MoUs with Hyundai and UGT Renewables to boost renewable energy

Montenegrin state-owned power utility EPCG has signed memorandums of understanding (MoUs) with South Korea's Hyundai and the US company UGT Renewables (UGTR) to develop...

Bulgaria and France sign nuclear agreement

The two countries will collaborate across all areas in the field of nuclear energy as Bulgaria seeks to accelerate the construction of the new...

Serbia, Hyundai negotiate on 1 GW solar projects

Serbia and Hyundai Engineering started talks on a project to develop 1 GW solar power plants, coupled with storage, in the eastern and southern...

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EU recognition of Western Balkan renewable certificates could boost PPAs but not replace CBAM verification

Renewable generators in Serbia, Montenegro and other Energy Community markets could gain access to a broader European market for the environmental attributes of their...

EU reforms could restore multi-trader electricity exports while leaving contractual risks unresolved

European Union policymakers are considering changes that could make it easier for renewable electricity from neighbouring countries to qualify for actual-emissions treatment under CBAM....

Domestic industrial PPAs open new revenue opportunities for Serbian and Montenegrin renewables

Domestic industrial demand can support renewable investment and improve electricity cost predictability, but the carbon value of a power purchase agreement depends on the...

Montenegro’s electricity exporters need stronger PPAs to secure Italian market revenues

The Adriatic interconnector gives Montenegro's renewable generators access to Italian buyers, but investment returns depend on carbon treatment, delivery profiles and the fallback provisions...

Serbian renewable projects face new contractual challenges on the Hungary export corridor

Export PPAs can expand market access for wind and solar projects, but the revenue ultimately reaching developers depends on delivery rights, trading costs and...