Electricity production at state-owned power utility Elektroprivreda Srbije’s (EPS) hydropower plants is set to hit a historic low this year due to unfavorable hydrological conditions, caused by exceptionally low precipitation in the Drina and Danube river basins over the past 18 months. The year-end figure will depend on whether and how well the hydrological situation […]
An overreliance on photovoltaics, combined with slow growth in the deployment of new technologies and storage, threatens Greece’s renewable energy future. The country achieved rapid growth in renewable energy in the past five years, and penetration has surpassed 50% of the electricity mix. However, the very success of the energy policies also led to significant […]
CWP Europe has signed a joint declaration with the European Commission, the Albanian Investment Development Agency, and the Montenegrin Investment Agency in support of its two landmark renewable energy projects – the Tropoja wind farm in Albania and the Montechevo solar farm with battery storage in Montenegro. The declaration of support for CWP Europe’s projects […]
More than three years after the first offshore wind law, Greece made little progress toward achieving the national goal. According to the National Energy and Climate Plan (NECP), the country should have its first 1.9 GW of offshore wind farms by 2030. However, the entire program seems to be on hold. No government official has […]
For NIS in Serbia, doing business will become exceptionally difficult from tomorrow, when the United States imposes sanctions, starting with payment systems. The same goes for any enterprise cooperating with the oil refiner and distributor, majority owned by Russia’s Gazprom Neft and another firm controlled by Gazprom. Nine months after the US announced sanctions against […]
International Power Supply (IPS) opened its Factory X1, with a capacity of 3 GWh per year. It is the first gigafactory in Bulgaria for battery energy storage systems (BESS). Recognized by the European Commission as a strategic project for a net zero industry, Factory X1 officially began production. International Power Supply (IPS) held the inauguration […]
Croatian firm IE-Energy and Slovenia’s NGEN are developing a battery system for smart energy storage, with a total operating power of 60 MW and a capacity of 120 MWh. The project, valued at 60 million, marks the first step toward creating a virtual network of battery storage systems that would connect producers and consumers of […]
Minister of Energy and Mining of the Republic of Srpska Petar Đokić expressed belief that the European Commission would postpone the implementation CBAM, set for January 1, 2026. Minister Petar Đokić participated in the Energy Week Western Balkans 2025 conference, where he recalled that the Republic of Srpska has signed several contracts with domestic and […]
North Macedonia has received requests for new wind farms, solar parks and gas power plants of 7,100 MW in total capacity, as well as for standalone batteries and ones that would be co-located with power plants, for 4,172 MW in overall operating power, Minister of Energy, Mining and Mineral Resources Sanja Božinovska revealed. The Ministry […]
Legitimate energy communities have suffered in Greece, as private investors have been taking advantage of the status to promote disguised commercial projects. Normally, energy communities are set up to help citizens, businesses and other special consumer groups to benefit from lower energy costs using renewable energy. There are two categories: renewable energy communities (RECs) and […]