Construction of a new gas pipeline connecting North Macedonia and Greece is set to begin early this spring. The project was awarded to Slovakian company Rapid…
German renewable energy developer ABO Energy has secured debt financing from Hamburg-based Berenberg Bank to support the construction of three solar power plants in Hungary, with…
Significant investments are driving the growth of solar power in Greece, with the installed capacity expected to increase by 2.5 to 3 GW in 2025, reinforcing…
Bulgarian Minister of Energy Zhecho Stankov announced that the government will provide compensation to non-residential consumers to help mitigate the impact of high electricity prices. This…
The parent company ERS has acquired shares in the Ugljevik coal mine and thermal power plant (RiTE Ugljevik) for approximately 10 million euros, completing the company’s…
In 2024, solar power overtook coal as the European Union’s primary source of electricity for the first time, contributing 11% to the region’s energy mix, while…
In Week 03 of 2025, electricity prices in Southeast Europe (SEE) saw an upward trend, driven by increased demand and a drop in wind energy production.…
Odile Renaud-Basso, President of the European Bank for Reconstruction and Development (EBRD), has proposed a loan of up to 50 million euros to Serbia, aimed at…