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Region: Eni secures key role in Albania-Italy renewable energy interconnection

Italian energy giant Eni has formalized its role as the primary offtaker of renewable energy transmitted from Albania to Italy through a planned 1...

Greece: Creete subsea link secures 250 million euros of EU funds

A new subsea electricity interconnection linking the island of Crete to mainland Greece will receive more than €250 million from the European Regional Development...

Greece: ADMIE prepares tenders for electricity link with Dodecanese islands

Greek electricity transmission system operator ADMIE has started preparations to launch tenders to offer contracts for the development of an electricity interconnection linking the...

Albania: Underwater link project with Italy back on track

The Albanian and Italian governments seem to have finally agreed to advance the major project for the underwater transmission line Vlorë - Bari. The...

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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...