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Italy, Albania and UAE sign multibillion-euro agreement for subsea renewable energy interconnection

Italy, Albania and the United Arab Emirates (UAE) have signed a landmark agreement worth billions of euros to develop a subsea electricity interconnection aimed...

Albania and UAE partner for renewable energy development and underwater power link

Albania’s energy sector is set for significant advancements as KESH, the country's energy corporation, partners with the UAE's Masdar to establish a joint venture...

UAE’s TAQA reaffirms commitment to Cyprus-Greece electricity interconnection project

During a meeting in New York on September 25, Cypriot President Nikos Christodoulides and a delegation from the UAE’s state-owned TAQA, led by CEO...

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...