Electricity
EBRD reiterates commitment to Western Balkans decarbonization
27 February 2024 - EBRD intends to expand its activities in the Western Balkans, but it warned that private investment and EU funding imply reforms
IFC approves loan for Serbia’s largest biomass CHP project to decarbonize paper industry
26 February 2024 - IFC facilitated a loan package of EUR 106 million for Serbian tissue paper producer Drenik ND, which is about to build a biomass CHP plant
Viktor Andonov joins Belgrade Energy Forum 2024 in May: ESM earmarks EUR 1 billion for decarbonization
26 February 2024 - Viktor Andonov from North Macedonia's power utility Elektrani na Severna Makedonija (ESM) will participate at Belgrade Energy Forum 2024
EPCG gets new Board of Directors, Đukanović reelected as chairman
25 February 2024 - Shareholders of Montenegro's state-owned power utility EPCG elected the new board, reappointing Milutin Đukanović as chairman
Turkish company Zorlu Energy initiates IPO of its renewables subsidiary
23 February 2024 - Zorlu Renewables, the largest geothermal power plant operator in Turkey, is preparing for a stock market debut
Veolia buys 430 MW gas power plant in Hungary from Uniper
23 February 2024 - By buying the Gönyű gas-fired power plant in Hungary from Uniper, Veolia is strengthening its flexible energy portfolio
EIB Global approves loan to EPBiH for Vlašić wind power plant
22 February 2024 - EIB Global formally approved a EUR 36 million loan for the Vlašić wind power project near Travnik in Bosnia and Herzegovina
Bulgaria to add 1,500 MW of solar power capacity in 2024
22 February 2024 - Dimitar Zarchev said there is a need for flexibility capacity for times of surplus production of energy, to use it when it is needed
Serbia’s Đedović: We have billions under our feet in strategic minerals
22 February 2024 - Strategic minerals must be used in the best interest of the economy, according to Serbia's Minister of Mining and Energy Dubravka Đedović
RES Croatia: Renewable energy projects in Croatia are stuck
21 February 2024 - Investors are unable to meet the legal deadlines for the construction of their renewable electricity plants
Power grids require investing USD 3.1 trillion by 2030 to limit global warming
21 February 2024 - Outdated and inadequate power grids are one of the most significant stumbling blocks for the energy transition, Rystad Energy warned
Monsson to merge its wind farm, PV unit in Romania into hybrid power plant with storage
20 February 2024 - Monsson Group is developing a hybrid wind-solar-storage project with the largest battery energy storage system in Romania
Hyundai shortlisted for installing new nuclear units in Kozloduy
20 February 2024 - Bulgaria has called on potential contractors to express interest in the construction of a new nuclear power plant with AP1000 technology
GGF deepens cooperation with UniCredit Bank Serbia with EUR 50 million renewables loan
20 February 2024 - UniCredit Bank Serbia obtained a EUR 50 million loan from GGF for utility-scale renewables projects, strengthening its ties with the fund
EU approves EUR 6.9 billion in state aid for hydrogen infrastructure
19 February 2024 - Strategic hydrogen project IPCEI Hy2Infra, which seven EU member states developed jointly, got a green light from the European Commission
Serbia aims to build pumped storage hydropower plant Bistrica by 2031
19 February 2024 - Bistrica is expected to financially contribute up to EUR 140 million per year to Serbia's state-owned power utility Elektroprivreda Srbije