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Serbia launches $600 million gas network modernisation with World Bank support

Serbia has secured a $600 million World Bank framework for a gas-system overhaul. The programme is planned as a decade-long modernisation of Serbia’s gas...

World Bank-backed €50 million programme targets district heating in Pljevlja

Pljevlja transition programme and heating measures Montenegro is preparing an approximately €50 million World Bank-backed investment programme for Pljevlja. The effort targets district heating, cleaner...

Romania secures $500 million World Bank deal to modernize national gas infrastructure

Romania is poised to enhance its energy landscape following the announcement of a significant financing agreement with the World Bank Group. This deal, valued...

Serbia Advances Gas Infrastructure and Energy Efficiency Initiatives with World Bank Support

Serbia is set to embark on a significant long-term collaboration with the World Bank aimed at enhancing its gas infrastructure and promoting energy efficiency....

Romania: World Bank study highlights offshore wind potential of up to 7 GW by 2035

A recent World Bank study reveals that Romania could harness between 3 GW and 7 GW of offshore wind energy by 2035. Currently, the...

Romania to pay 42 million euros compensation to RES investors

The World Bank’s litigation centre ICSID ruled in favour of several investors in green energy generation capacities, which asked for compensation from the Romanian...

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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...