EPCG’s memorandum with Japan’s PowerX sets an indicative target of about 500 MWh of battery storage over an initial three-year period. The commercial opportunity is to coordinate batteries with hydro, rising solar output and cross-border trading, rather than rely on standalone arbitrage.
Buyers took 34,000 of 35,000 wind guarantees of origin offered in North Macedonia’s first auction. The sale adds a price-discovery mechanism to the country’s existing administrative framework.
EU carbon-border rules could affect the prices and revenues available to renewable projects in Serbia, Montenegro and the wider Western Balkans. Lenders may need to distinguish between domestic sales, exports under default emissions treatment and exports meeting actual-emissions evidence requirements.
Greece is advancing electricity links and LNG supply arrangements to expand its role as an energy gateway between the eastern Mediterranean and wider European markets. Proposed interconnections include a Greece-Germany link estimated to cost up to €15 billion.
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Romania is preparing a €76mn household battery programme designed to increase self-consumption from the country’s rapidly expanding rooftop photovoltaic fleet. The scheme is intended...
Budapest is working to expand distributed electricity generation by using the city’s building stock, with an identified rooftop area of about 10 million square...
Solar power works finished under NRRP-linked grant
Croatian oil company INA has completed the installation of solar panels at its Rijeka refinery, a milestone in...
The energy landscape in Montenegro is poised for significant change following the approval of a new solar energy initiative. The national environmental authority has...
Montenegro’s state-owned motorway operator, Monteput, has announced that the local company Permonte submitted the most favorable bid in the tender for conducting a technical...
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 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 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 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.
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.