Region/EU

US torpedoes Lukoil deal sell overseas business Gunvor

US torpedoes Lukoil’s deal to sell its overseas business to Gunvor

07 November 2025 - The US Treasury said it wouldn't allow Gunvor to "operate and profit," calling it "the Kremlin's puppet," so the firm gave up on Lukoil

OMV Masdar 140 MW green hydrogen plant Austria

OMV, Masdar to build 140 MW green hydrogen plant in Austria

07 November 2025 - OMV and Masdar agreed to jointly develop and operate Europe's fifth-largest electrolyzer plant, in Bruck an der Leitha, Austria

power purchase agreements pexapark ppa bess hybrid

Three types of deals emerge in new PPA era – Pexapark

06 November 2025 - The period dominated by straightforward, conventional power purchase agreements is transitioning into a new era, Luca Pedretti said

Holcim cement carbon capture eu grant

Cement maker Holcim gets EU grant for carbon capture project in Romania

06 November 2025 - Holcim's carbon capture project is among 61 that will receive financing from the EU's Innovation Fund to support decarbonization

EU waters down its 2040 climate target in runup to COP30 in Brazil

EU waters down its 2040 climate target in runup to COP30 in Brazil

05 November 2025 - The EU upheld its proposed 90% emissions cut target for 2040 ahead of COP30 in Brazil, but with substantial workaround possibilities

europe ppa market re source platform 2025

RE-Source Platform: Number of PPAs in Europe drops by 60%

05 November 2025 - The power purchase agreement market is facing headwinds in grid development, permitting and electrification and from negative electricity prices, RE-Source Platform warned

europe bulgaria sunotec shell bess

Sunotec, Shell join forces to develop BESS in Europe

04 November 2025 - Sunotec signed a cross-border agreement with Shell Energy Europe B.V. The firm is developing large solar and BESS projects in Europe

gunvor lukoil oil sale

Oil trader Gunvor set to take over Lukoil’s refineries, fuel chains in Southeast Europe

30 October 2025 - Lukoil has decided to sell its assets outside Russia to Gunvor, owned by Swedish billionaire Torbjörn Törnqvist

Lukoil refinery Petrotel romania sanctions

Russia’s Lukoil to sell refineries, fuel chains in Southeast Europe amid US sanctions

28 October 2025 - Lukoil operates oil refineries in Bulgaria and Romania, as well as fuel retail chains across the region

RatedPower webinar Power the Balkans optimizing solar and BESS with RatedPower

Webinar summary: How to design PV and BESS in the Balkans faster and smarter with RatedPower software

25 October 2025 - RatedPower has organized a webinar to present its software that makes it faster and easier to design and build PV and battery storage facilities

eu commission russian gas ban serbia bih transit bulgaria Anna-Kaisa-Itkonen

European Commission: Russian gas ban doesn’t include transit to Serbia, BiH

24 October 2025 - Balkan Green Energy News asked the European Commission to clarify if the supply of Russian gas to Serbia and BiH would be halted as of January 1, 2026

Renewable electricity EU CO2 import tax Artur Lorkowski interview Energy Community CBAM

Renewable electricity should not be subject to EU’s CO2 import tax

23 October 2025 - The European Commission may solve CBAM's unintended effects on renewables in the Western Balkans, Director of the Energy Community Secretariat Artur Lorkowski said in an interview with Balkan Green Energy News

Several EU member states face uncertainty amid looming Russian gas ban

Several EU member states face uncertainty amid looming Russian gas ban

21 October 2025 - Hungary and Slovakia oppose the Russian gas ban, but the Energy Council envisages exceptions for EU states and even the Western Balkans

cbam energy community electricity

Energy Community’s CBAM Readiness Tracker: Western Balkans still far from exemption as full implementation nears

20 October 2025 - The Energy Community’s 2025 CBAM Readiness Tracker suggests efforts to meet the exemption criteria for electricity are gaining momentum

NGEN Austria most powerful battery energy storage system

NGEN inaugurates Austria’s most powerful battery energy storage system

17 October 2025 - NGEN Group commissioned its expanded BESS, which is again the largest grid-supporting facility of its kind in Austria

First floating solar power plant with vertical panels commissioned

World’s first floating solar power plant with vertical panels comes online

16 October 2025 - A floating solar power plant with vertically mounted panels has been put into operation on an artificial lake in Germany

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