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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...

EU boosts green energy with 3 billion euros in investment across 10 member states

The European Union has allocated 2.967 billion euros through the Modernization Fund to enhance energy infrastructure across 10 EU member states. This substantial investment will fund...

Romania to finance energy storage projects with 500 million euros from Modernisation Fund

Romanian energy minister Sebastian Burduja, attending an energy conference on April 3, warned on the need to boost the country's power storage capacity and...

Romania: Distributie Oltenia invests 9.6 million euros for the expansion of distribution networks

Distributie Oltenia will invest 48 million RON (9.6 million euros) in a project to expand the electrical distribution networks in the towns of Simian and Obarsia...

Romania to announce tender for 2 GW RES projects through CfD support scheme

Romania will launch in 2024 tender for 2.000 MW solar and wind projects which will be financed through a pending EU-funded contract-for-difference (CfD) support scheme, according to...

Romania to announce tender for 2 GW RES projects through CfD support scheme

Romania will launch in 2024 tender for 2.000 MW solar and wind projects which will be financed through a pending EU-funded contract-for-difference (CfD) support scheme, according to...

Latest news

Slovenia net generation down 13% in August as imports increase

Slovenia’s net electricity generation fell 13% year on year in August to 919 GWh. Production was also 7% lower than in July. The month’s...

Serbia launches $600 million gas network modernisation with World Bank support

Serbia has secured a $600 million World Bank framework for a gas-system overhaul. The programme is planned as a decade-long modernisation of Serbia’s gas...

Bulgargaz obtains 10-year wholesale gas licence for Serbia

Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas...

North Macedonia generation drops 22% in July as renewables rise

North Macedonia’s gross electricity generation declined 22.3% year on year to 460,035 MWh in July, even as hydro and wind output increased. The month’s...

MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in...