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Montenegro requires assessment for 60 MW, 50 million euros Velestovo project

Montenegro’s Environmental Protection Agency has given Nu Energy two years to submit a full environmental impact assessment for its proposed Velestovo solar-and-storage project. The agency will decide whether the 60 MW scheme can proceed after reviewing its environmental effects.

Montenegro orders assessment for proposed 60 MW Velestovo solar project

Montenegro’s Environmental Protection Agency has given the developer of the proposed Velestovo solar-and-storage project two years to submit a full environmental impact assessment. The agency will decide whether the 60 MW, 50 million euro project can proceed after reviewing its expected effects.

Bulgaria: Updates in the national regulatory framework for the renewables sector

Recent updates to the national regulatory framework for the renewable energy sector have brought about several significant changes, primarily focused on reducing the time...

Environmental Permitting in RES Projects in Serbia: The Critical Role of the Owner’s Engineer

In Serbia, the development of Renewable Energy Source (RES) projects is gaining momentum, driven by global trends and national commitments to sustainable energy. A key aspect...

Serbia: Čoka Rakita project – a new dawn for gold mining

Čoka Rakita project, located in Serbia and managed by Dundee Precious Metals (DPM), is making significant strides, leveraging on the favorable infrastructure conditions. Its...

Environmental Permitting in RES Projects in Serbia: The Critical Role of the Owner’s Engineer

In Serbia, the development of Renewable Energy Source (RES) projects is gaining momentum, driven by global trends and national commitments to sustainable energy. A key aspect...

Latest news

BHP moves to end options on eight Serbian exploration licences

BHP has issued termination notices for its Central Timok and Borsko exploration options in eastern Serbia, returning eight licences to Mundoro Capital when the notices take effect. The miner retains separate Trstenik and South Timok agreements, while Mundoro seeks partners to fund drilling on the returned licences.

Centerra proposes nearly C$4.1 million for 9.9% Mundoro stake

Centerra Gold has agreed to buy 12.374 million newly issued Mundoro Capital shares for approximately C$4.08 million (€2.60 million), in a proposed placement that would give it a 9.9% stake. The funding would support Mundoro’s exploration and working capital as it seeks partners for projects in Serbia, but the deal has not closed.

Northstone secures commitments for about EUR1.45 million Serbia placement

Northstone Resources secured commitments for a share placement worth about EUR1.45 million to fund exploration at its Tlamino gold-silver and Timok East copper-gold projects in Serbia. The financing will support drilling and technical studies, not mine construction.

European Energy weighs up to 1 GW complex in Bulgaria

European Energy is evaluating a renewable-energy complex in Bulgaria’s Dobrich region, centred on a wind project of up to 1 GW. The concept also includes solar generation, battery storage and infrastructure for industrial users.

JANAF halts Croatian crude flows after estimated 500 cubic metre spill

Croatian oil-pipeline operator JANAF halted crude transport on part of the Sisak-Slavonski Brod route after pipeline equipment was damaged near Prvca. The spill is estimated at 500 cubic metres.