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Croatia: Koncar and Acciona Energia to build first 400 kV substation in two decades for landmark solar project

Croatian electric equipment manufacturer Koncar has signed a contract worth 15.3 million euros with Solarna Elektrana, the Croatian subsidiary of Spanish company Acciona Energia,...

Montenegro: CGES launches €36 million modernization of Brezna substation with EBRD and EU support

Montenegrin electricity transmission system operator CGES has initiated a procurement process for two 400/110 kV, 300 MVA power transformers, marking the beginning of a...

Romania: Transelectrica commissions 400 kV upgrade at Arefu substation

Romanian electricity transmission system operator Transelectrica has commissioned a new 400 kV voltage level at the Arefu 220/110 kV substation, improving the stability and...

North Macedonia: EBRD is considering a 26.4-million-euro loan for transmission grid strengthening 

The European Bank for Reconstruction and Development is considering providing a senior unsecured loan of up to 26.4 million euros to Macedonia's transmission system...

Romania: Transelectrica completed the Iron Gates – Anina – Resita transmission line

Romanian electricity transmission system operator Transelectrica has completed a 400 kV overhead power line connecting the Iron Gates to the towns of Anina and...

Romania: Transelectrica completed the Iron Gates – Anina – Resita transmission line

Romanian electricity transmission system operator Transelectrica has completed a 400 kV overhead power line connecting the Iron Gates to the towns of Anina and...

Latest news

Electricity and carbon costs reshape SEE industrial export economics

Analysis developed by Virtu.Energy Banks financing manufacturers across Southeast Europe increasingly need to assess whether borrowers can preserve their EU export margins after electricity costs, embedded...

ETS and CBAM reshape SEE electricity trade as carbon costs squeeze export margins

Analysis developed by Virtu.Energy Electricity producers, traders and banks across Southeast Europe are facing a growing gap between prices available on neighbouring EU electricity exchanges and...

Croatia amends Electricity Market Act to expand aggregation, grid studies, and connection rights

Croatia’s amended Electricity Market Act entered into force on October 15, 2026, introducing changes that go beyond conventional electricity-market reform. The legislation reshapes the...

Boron One Piskanja boron project valuation rises to €569m in updated assessment

Canadian mining company Boron One Holdings has raised the projected economic value of its Piskanja boron project in southern Serbia to approximately €569 million....

SEE electricity prices surge as wind generation drops and Serbia becomes the region’s most expensive market

Southeast European day-ahead electricity prices rose sharply on Friday, with Serbia emerging as the region’s most expensive market as weaker wind generation, higher cross-border...