Montenegro’s EPCG to take out EUR 50 million loan
Elektroprivreda Crne Gore will take out a loan of EUR 50 million to purchase electricity to supply consumers in the country.
Bulgaria’s TPP Maritsa East 2 coal plant posts EUR 52 million loss for 2024
Even with a quota for the regulated electricity market in Bulgaria, low electricity prices pushed TPP Maritsa East 2 into a loss last year
Heatwave strains European grid, brings profit to energy storage operators
Record PV production, backed by energy storage, helped maintain electricity system stability in Europe in the latest heatwave, Ember said
Montenegro determines quota, maximum price for solar power auction
The participants in the forthcoming auction for solar power projects in Montenegro will bid for state support for a total of 250 MW
Open call for green hydrogen high-efficiency CHP pilot plant in northern Greece
The Greek government has opened a call for a pilot CHP unit in Western Macedonia that would run on green hydrogen
Foreign renewable energy investors remain committed to Romania as large plants coming online
Renewable energy companies from abroad aren't intimidated by negative power prices in Romania, especially with the BESS segment accelerating
EU’s Modernisation Fund disburses EUR 3.66 billion for clean energy projects in nine countries
Focusing on renewables, grids, storage, and energy efficiency, the funds will support projects in Croatia, Slovenia, Greece, and Romania.
Slovenia’s sole coal-fired power plant Šoštanj to keep main unit offline until fall
The 600 MW unit at Šoštanj will not be restarted until the end of September, when demand for heat is set to rise.