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offshore wind capacity

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Romania designates Black Sea offshore wind zones totaling 3.1 GW

Designated areas for early offshore wind development Romania has identified three Black Sea areas that together could accommodate around 3.1 GW of offshore wind. The...

Romania’s Emerging Role in Black Sea Offshore Wind Development

In recent years, Romania has begun to establish itself as a pivotal player in the transformation of the Black Sea into a significant renewable...

Greece: Offshore wind ambitions stalled as key approvals remain pending

Greece had aimed to develop 1.9 GW of offshore wind capacity by 2030, but progress has stalled. The key framework for this plan, the...

Greece expands offshore wind plans to include floating turbines

The Greek Ministry of Energy is revising its offshore wind strategy by incorporating both fixed-bottom and floating wind turbines in the initial phase of...

Romania: World Bank study highlights offshore wind potential of up to 7 GW by 2035

A recent World Bank study reveals that Romania could harness between 3 GW and 7 GW of offshore wind energy by 2035. Currently, the...

Montenegro: EPCG signed MoU on RES development projects

Power utility EPCG signed a Memorandum of Understanding on the development of renewable energy projects with Polish company Respect Energy. The two companies plan...

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Hungarian power prices surge as weak wind drives Southeast Europe higher

Hungarian electricity prices jumped nearly 12% for Tuesday delivery, driving a broader increase across Southeast Europe as a sharp decline in forecast wind generation...

TDI financing for 58 MW Iratoșu solar plant in western Romania

TDI Renewables has secured €25.5 million in financing from Raiffeisen Bank International for its 58 MW Iratoșu solar power plant in western Romania. The...

Nuclearelectrica revises 2026 outlook as Cernavoda outages drive replacement power costs

Romanian nuclear producer Nuclearelectrica has reduced its forecast for 2026 net profit by 42.9% to €221 million. The company attributed the change to prolonged...

MMK Vilusi requests environmental screening for 35 MW solar plant in Nikšić

MMK Vilusi has applied for environmental screening for a 35 MW solar power project in western Montenegro, with the development planned for the Nikšić...

North Macedonia extends oil-supply emergency framework to April 2027

North Macedonia has prolonged its oil-supply emergency framework, with the country’s parliament extending the measure until April 20, 2027. The extension keeps government powers...