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Bulgaria: The EC approved 142-million-euro state aid for energy companies

The European Commission has approved a 278 million lev (142 million euros) in state aid for Bulgarian energy companies. In a statement, the Commission said...

Bulgaria: Mini Maritsa Mines granted 125 million euros/year state aid

Bulgarian National Assembly agreed that the Council of Ministers provide from the state budget BGN 250 million (around 125 million euros) per year to...

Romania: EC approves 3 billion euros scheme for solar and wind CfD tenders

Romania has received the green light from the European Commission to launch a 3 billion euro state aid programme to promote the deployment of...

Greece: PPC to acquire 147 MW power plant from GEK-TERNA

Greek power utility PPC has reached an agreement with construction and energy group GEK-TERNA for the purchase and transfer to Crete of a 147...

Bulgaria: EC approves 120 million euro state aid for Bulgargaz

The European Commission said that it has approved up to 120 million euros in Bulgarian state aid for the state-owned gas company Bulgargaz to...

Romania: Five solar panel production projects applied for state aid

Five companies submitted applications for Romanian state grants aimed to help them develop solar panel production capacities. Under the state aid scheme announced and managed by...

Latest news

SEE power prices jump as weekday demand returns, Serbia tops €300/MWh

Southeast European day-ahead electricity prices surged on Monday, October 19, as the return of weekday demand, weaker renewable generation forecasts and continued reliance on...

Greece unveils €200 million battery storage scheme as project pipeline grows

Greece is preparing a €200 million battery-storage support programme as the country seeks to accelerate the deployment of standalone batteries and renewable-linked storage. The...

Djerdap 3 pumped-storage: Bechtel-Enka qualifies as Serbia prepares planning

Serbia has advanced work on the proposed Djerdap 3 pumped-storage hydropower project, with a Bechtel-Enka consortium qualifying for the next stage of government negotiations....

Romania extends 25% diesel excise reduction until Oct. 31

Romania will keep a 25% reduction in diesel excise duty until Oct. 31, extending temporary relief for transport operators and other businesses. The decision...

R.Power completes 55-MW Lazuri solar plant in Romania; grid link by end-2026

Polish renewable-energy developer R.Power has finished construction of the 55-MW Lazuri solar plant in Romania’s Satu Mare county. Grid connection is expected before the...