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Greece: Surge in renewable energy licenses and projects amid rising interest in hybrid systems

Leading energy companies, both domestic and international, are rapidly acquiring renewable energy licenses and projects in Greece, with a notable focus on hybrid projects...

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ESO invests more than 182 million euros in Bulgaria grid upgrades

Bulgaria’s transmission system operator ESO has invested more than 182 million euros in network modernisation since the start of 2026. The work includes construction and reconstruction of more than 120 kilometres of transmission lines.

ERS selects Hrgud consortium on nearly 82 million euros offer

Bosnia and Herzegovina’s ERS selected an El Promet-led consortium to build and finance the Hrgud wind farm under a fully financed 81.9 million euros offer. The utility chose it despite a rival construction bid that was 300,000 euros lower.

EBRD approves up to €46 million for Bosnia grid upgrades

Bosnia and Herzegovina’s transmission operator will use the approved financing to install four variable shunt reactors at selected substations. The equipment is intended to improve voltage control as renewable generation adds more variable power flows to the grid.

Romania tops EU power costs at 46.9 units per 100 kWh

Romanian households faced the EU’s highest electricity costs on a purchasing-power basis in the first half of 2026. The country also recorded the bloc’s largest annual rise in household gas prices, at 9.3%.

North Macedonia’s OKTA lifts nine-month profit to more than 34 million euros

OKTA’s net profit rose to 34.1 million euros in the first nine months of 2026 from 7.3 million euros a year earlier, while revenue increased 105% to 953 million euros. Expenses also climbed, rising 101% to approximately 891 million euros.