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November 4, 2025
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R.Power completing its first solar parks in Romania while more assets enter construction phase

Poland-based R.Power began work on its Lazuri photovoltaic plant of 55 MW in peak capacity in Satu Mare county in northwestern Romania. The company is energizing four solar parks of more than 23 MW overall, its first operational assets in the country. In addition, it is about to break ground on its 254 MWh Scornicești battery energy storage system.

Notably, Electrica recently commissioned its Satu Mare 2 solar power plant, of 21.7 MW.

Romania is set to appear on the map of renewable energy plants and battery energy storage systems (BESS) operated by Poland-based R.Power. The company also has such assets in its home market and Portugal and projects under development in Germany, Spain and Italy. In line with the schedule, R.Power is energizing its first photovoltaic plants in Romania – Stâlpu, Suseni, Dudești and Punghina – and is preparing to begin the construction its first BESS in the country, in Scornicești.

The four solar parks in central and eastern Romania have more than 23 MW altogether in peak capacity. R.Power’s contractors are Nomad Electric and Waldevar. The former has also just begun the construction of the Lazuri solar park in northwestern Romania for the same client.

The PV park in the commune of the same name in Satu Mare county would have 55 MW in peak capacity. The company won a 15-year contract for difference (CfD) for 48 MW in connection terms at Romania’s first renewable energy auction.

Lazuri was part of a group of five solar power projects with support approved for 73.1 MW, or 85 MW in peak capacity. Its annual output is estimated at 70 GWh, equivalent to the consumption of more than 48,000 households in the country.

Major BESS project up for sale

The Scornicești project in Olt county, west of Bucharest, is for 127 MW in operating power. The BESS would have a duration of two hours, translating to 254 MWh in capacity. The project received EUR 15 million in funding via the National Recovery and Resilience Plan (NRRP or, in Romanian, PNRR).

R.Power has sold a 49.99% stake last month to Eiffel Investment Group. The transaction follows the two companies’ previous cooperation in photovoltaic projects.

The Polish firm recently said it would divest of a ready-to-build project for a battery energy storage system of 200 MW and 400 MWh. The move is part of an asset rotation and portfolio diversification strategy, according to the update.

The company added that the future facility near Bucharest would provide flexibility for the grid. It is known as Project Tessara.

Solar-battery hybrids in project pipeline

As of August, R.Power had over 1.2 GW of projects for standalone BESS in Romania. It said it would set up PV-BESS hybrid configurations as well.

“The start of construction of the Lazuri solar farm highlights our commitment to expanding operations in Romania, which is one of our key markets. Alongside Lazuri, we are developing additional photovoltaic and battery energy storage (BESS) projects there,” the company’s Chief Executive Officer and Co-founder Przemek Pięta said.

Satu Mare county also hosts several new solar parks. Romanian power supplier and distributor Electrica recently commissioned its Satu Mare 2 unit of 27.1 MW in peak capacity, in the Botiz commune.

The company partially funded the investment, worth more than EUR 20 million, from NRRP. The project included a 110/20 kV transformer station and grid connections.

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November 4, 2025
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Skopje Declaration signed as International Forum on Energy for Sustainable Development wraps up

The 14th International Forum on Energy for Sustainable Development (IFESD-14) concluded yesterday with the signing of the Skopje Declaration. During the three-day summit, North Macedonia’s capital became a global center of dialogue, ideas, and visions for the future, according to the Ministry of Energy, Mining and Mineral Resources of North Macedonia.

This year’s edition of the International Forum on Energy for Sustainable Development (IFESD-14), themed From Goals to Action: Powering the Future with Sustainable Energy, was closed in Skopje yesterday. The event was organized by the Ministry of Energy, Mining and Mineral Resources of North Macedonia, in cooperation with the United Nations Development Programme (UNDP) and the UN’s five regional commissions – UNECE, UNESCAP, UNECLAC, UNECA, and UNESCWA.

Representatives of the UN and the five regional commissions described the organization of the event as flawless, and praised North Macedonia and Skopje as excellent hosts on the global energy scene, the Ministry pointed out.

The forum brought together over 500 participants from more than 70 countries

The forum brought together over 500 participants from more than 70 countries. Over 150 speakers took part in 35 themed sessions and panels, presenting ideas, solutions, and concrete steps for the future of the global energy transition.

On behalf of all participants, the Declaration was signed by Minister of Energy, Mining and Mineral Resources Sanja Božinovska, UNDP Resident Representative for North Macedonia Armen Grigoryan, and Dario Liguti, Director of the Sustainable Energy Division at UNECE.

The signatories agreed that the way forward requires regional connectivity, smart investments, digital transformation, and an inclusive energy transition that leaves no one behind.

Božinovska: A new impetus for energy cooperation, solidarity, and vision

In her closing address, Božinovska emphasized that the forum represented a turning point for the region.

“Over the past three days, Skopje has been a global stage for energy vision and dialogue on sustainable development. What we witnessed here was a wave of knowledge, cooperation, and ambition – a forum that demonstrated that when institutions, scientists, businesses, and international partners sit at the same table, change happens,” she stressed.

Božinovska emphasized that the Skopje Declaration sends a strong signal that the Western Balkan region is not just a follower of the global energy transition, but an active driver.

The future was not just discussed, but also set in motion

“I am proud that it is from Skopje, at the heart of the Balkans, that a new impetus for energy cooperation, solidarity, and vision is emerging. This is proof that North Macedonia can be a platform for ideas that will transform the region. The 14th International Forum on Energy for Sustainable Development will be remembered as the place where the future was not just discussed, but also set in motion. Let us continue to build the energy future that our citizens deserve,” said Božinovska.

Grigoryan: Skopje has demonstrated global solidarity in action

Armen Grigoryan, UNDP Resident Representative for North Macedonia, said that the path to sustainable, reliable, and affordable energy is clear, but that it requires unity and vision.

According to him, it requires political will, global solidarity, and commitment.

UNDP is pleased to work together with the Government and the Ministry of Mining, Energy and Mineral Resources, as well as regional commissions, on policies, emission reduction solutions, inclusivity, and air quality improvements, according to him. UNDP invests in people and innovation to achieve measurable results that citizens can feel at home, at work, and everywhere, he added.

Liguti: The Skopje Declaration is a signal of the region’s ambition and vision

According to Dario Liguti, Director of the UNECE Sustainable Energy Division, the document signed in Skopje will remain an important reference point in global energy processes.

He said that the Skopje Declaration represents a strong signal of the regional and global cooperation and ambition, confirming the shared commitment to accelerating a just and inclusive energy transition – a transition that delivers real progress for people and the planet.

Conclusion: smart technologies, a just transition, and green investments

Božinovska, Grigorian, and Liguti (phto: Ministry of Mining, Energy and Mineral Resources)

The document states that signatories will work on integrated and inclusive energy policies; the modernization of power grids and digitalization; investments in renewable energy sources and a just transition; and the promotion of green financing and gender equality in energy.

“Together, we can transform the global energy system into one that safeguards our climate, drives innovation, ensures affordability, and delivers prosperity for all,” reads the closing paragraph of the Skopje Declaration.

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November 3, 2025
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EPS to help SEEPEX strengthen Serbia’s intraday power market

Serbia’s power exchange, SEEPEX, has reached an agreement with state-owned utility Elektroprivreda Srbije to work together on strengthening the intraday electricity market.

SEEPEX is proud to announce the signing of a strategic agreement with Elektroprivreda Srbije (EPS), Serbia’s largest power utility company, aimed specifically at securing its support for the organized intraday continuous (IDC) electricity market, the power exchange said.

SEEPEX is part of ADEX, which was established in 2022 through a corporate merger between Slovenian energy exchange BSP SouthPool and its Serbian counterpart. In December 2024, ADEX Group completed a merger with the Hungarian Power Exchange (HUPX).

The agreement between SEEPEX and EPS marks an important step forward in strengthening SEEPEX’s organized IDC electricity market, which will also help improve the integration of renewable energy sources, according to the update.

EPS will actively support and participate in the SEEPEX IDC market

Through this partnership, EPS will actively support and participate in the SEEPEX IDC market, enhancing its liquidity and encouraging engagement from all 32 IDC members.

“We believe this collaboration will position the SEEPEX IDC market as a trusted and dynamic platform for electricity trading across the region and beyond,” SEEPEX stressed.

SEEPEX launched the intraday market in July 2023

The contract aims to secure daily offers from EPS to encourage other participants to access the market and start trading, Balkan Green Energy News has learned.

In October 2023, SEEPEX signed a market-maker agreement with EPS for the intraday continuous market.

SEEPEX launched the intraday market in July 2023, with 16 out of 20 registered participants active on the first trading day. The participants came from Serbia, neighboring countries, and the European Union. The SEEPEX intraday market now has 32 participants.

With the launch of the IDC market, SEEPEX became the first organized market in the region to fully implement all aspects of an organized market, according to company’s CEO Miloš Mladenović.

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November 3, 2025
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PPC building three battery storage facilities in Greece

PPC Group has launched the construction of a battery energy storage system in the area of its Amyntaio coal plant. The company is also building BESS facilities at its thermal power plants Kardia and Meliti, as it is preparing to end coal use in Greece. One BESS unit is under construction in Bulgaria, as well. In Romania, PPC is expanding its wind park project Deleni, which would bring its operational portfolio in the country to over 1.5 GW.

Public Power Corp. – PPC Group is investing in energy storage in Greece and surrounding countries, complementing its solar and wind power investments and contributing to the transformation of coal regions. The government-controlled utility revealed that its future battery energy storage system near the Amyntaio coal plant in the Western Macedonia region is under construction.

The new station will consist of batteries with 50 MW in operating power and a duration of four hours, translating to a capacity of 200 MWh. Wholly-owned subsidiary PPC Renewables is responsible for the project. It is for liquid-cooled batteries of the LFP (lithium iron phosphate) technology.

The construction of two more electrochemical storage stations is already underway in the same northern region, in the areas of the Kardia and Meliti thermal power plants, the company pointed out. Their combined capability would be 98 MW, for 196 MWh in capacity.

Western Macedonia region to host 860 MW of energy storage

The role of energy storage units for the system is critical, as they aim to support the operation of adjacent photovoltaic power plants and contribute to the stability of the electricity system, PPC Group added. It is planning 860 MW of energy storage in the Western Macedonia coal region. The company said it would create 1,300 jobs in the construction phase and hundreds during operation.

Two pumped storage hydropower projects are included in the portfolio. The one that would transform the Kardia mine is for 320 MW and eight hours, and the facility at the South Field mine would have 240 MW and a 12-hour duration. PPC Group said it has completed the permitting process for the latter.

Solar power plants of 2.13 GW in northern Greece nearing completion

Earlier this month, the utility said its solar power projects in Western Macedonia of 2.13 GW overall are moving ahead at a fast pace and within schedule, in areas around coal plants Ptolemaida, Kardia, Agios Dimitrios and Amyntaio. Overall, upon their completion, the photovoltaic clusters in the region, largest ones in the entire Europe, will generate almost 3.15 TWh of electricity per year, the company added.

Coal land in the Western Macedonia region is turning into endless solar parks

It is equivalent to over 6% of the annual energy consumption in the Greek mainland. Utilising the land of the former lignite mines of Ptolemaida, Kardia, and Agios Dimitrios, PV plants totaling 1.19 GW are being installed, of which 90% is complete and some is in operation.

The clusters include PPC Group’s flagship project, of 550 MW. It would be the biggest facility of its kind in Southeastern Europe excluding Turkey.

In cooperation with the German company RWE, the construction of photovoltaic plants in Amyntaio of 940 MW overall is also advancing rapidly toward completion, the latest update reads.

Advancing investments in Bulgaria, Romania

In addition, the company said it is building a BESS unit of 25 MW and 55 MWh in neighboring Bulgaria.

As for other recent news, PPC said it is expanding its Deleni wind park project in Vaslui county in northwest Romania. The first phase, 140 MW, is supposed to be completed by the end of the year. The addition would amount to 85 MW, consisting of 14 turbines, the Greek company added.

The site is at the Bogdănița commune. With the 225 MW in Deleni, PPC in Romania would reach 1.5 GW in operational capacity.

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October 31, 2025
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Serbia’s distribution system operator plans comprehensive restructuring

Serbia’s distribution system operator, Elektrodistribucija Srbije (EDS), plans a comprehensive restructuring to improve financial stability, operational efficiency, and investment planning capacity, in line with the country’s stand-by arrangement with the International Monetary Fund (IMF).

EDS has launched a tender to select a consultant to develop a restructuring plan. The deadline for submitting bids is set for November 28.

The consultant’s job will consist of two phases. The first phase involves analyzing the existing business model and designing and developing a new sustainable model. In the second phase, the consultant will support the implementation of the recommendations defined in the first phase, as well as the guidelines arising from the proposed financial restructuring plan, EDS has announced.

The consultant is to develop a restructuring plan and support its implementation

During the first phase, the consultant will analyze EDS’ current operations, including its financial position, key business processes, management structure, and IT systems. Based on the analysis, a target business model and a financial restructuring plan will be developed, including scenarios and stress tests to assess the company’s resilience to potential challenges.

The second phase will focus on implementing the recommendations and the proposed model, including coordination with internal teams, monitoring progress, evaluating the effectiveness of changes, and supporting employee training. Special attention will be given to digitalization, business process optimization, and customer service improvements.

The project should help digitalize business processes

Some elements of EDS’s operations that are expected to be improved include meter issuance and reading, as well as electricity loss management. The consultant’s job also involves mapping IT systems and projects that support the automation and digitalization of business processes, according to EDS.

The consultant will also be expected to develop a comprehensive implementation plan, including timelines, resource allocation, and project risk management strategies, and provide regular progress reports highlighting challenges and proposing steps to address them.

A final report on the restructuring efforts will also be required, including lessons learned and recommendations for future initiatives, according to EDS.

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October 31, 2025
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Serbia plans new mining law to align legislation with EU rules on critical raw materials

Serbia’s Ministry of Mining and Energy has launched a public consultation on a preliminary framework for a new law on mining and geological exploration. One of the goals of the new law is to align national legislation with European Union regulations on critical raw materials, sustainable development, and the circular economy.

The law will be harmonized with the EU’s Critical Raw Materials Act and the European Green Deal, to gradually align Serbia’s regulatory framework with the EU’s goals for sustainable mining, climate neutrality, and secure minerals supply, according to a document outlining the basis for the draft law.

Earlier this year, the European Commission included a lithium mining project in Serbia among the EU’s strategic projects for critical raw materials. Rio Tinto’s Jadar project is the only one on the list that involves the extraction of lithium and boron.

Lithium mining in Serbia is among the EU’s strategic projects for critical raw materials

Regarding harmonization with EU regulations, Serbia intends to introduce standardized reporting systems in line with the Pan-European Reserves and Resources Reporting Committee (PERC) standards, the UN Framework Classification for Resources (UNFC), and the Petroleum Resources Management System (PRMS), as well as implement ESG principles, which integrate environmental, social, and governance requirements into all phases of geological exploration and mining.

The main objective of the new law is to establish a modern, transparent, and efficient system for managing mineral and other geological resources in line with sustainable development standards, while strengthening the role of the state as the owner and steward of the country’s natural resources, according to the document.

It further highlights the need for more clearly defined mechanisms to ensure the application of sustainable mining principles and compliance with environmental standards, in line with advanced global practices. Investors’ obligations regarding environmental protection, land reclamation, and site remediation should be more precisely regulated during exploration and mining.

Investors’ obligations concerning environmental protection need to be more clearly defined

Improving the legal framework for granting exploration and mining rights is of particular importance, the document states. This would be done through models that ensure greater legal certainty, more efficient oversight, and consistent application of environmental and social standards, in line with sustainable mining principles.

The new law will also set clear criteria for identifying and protecting strategic mineral deposits, and ensure they are included in spatial and development plans. This would enable long-term protection of national interests in the field of mineral resources.

The law will digitalize permitting procedures for exploration and mining

The law will envisage digitalization and electronic processing in all administrative phases through a unified information system that enables electronic application and permitting, while allowing public access to data on exploration and mining fields.

The new law is also intended to ensure gradual alignment with European policies in the fields of green and digital transition.

The public consultation will be open until November 11, during which time citizens and organizations can submit proposals, comments, and suggestions.

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