Hungarian state-owned energy company MVM has become the majority owner of Serbia-based firms Energotehnika – Južna Bačka from Novi Sad and Elektromontaža from Kraljevo. Energotehnika – Južna Bačka and Elektromontaža, which were privately owned, provi...
Global investment firm Brookfield and tech giant Google signed an agreement to deliver up to 3,000 MW of carbon-free hydropower capacity in the United States. Brookfield said the Hydro Framework Agreement (HFA) is the first of its kind and “the world...
Within the European Union’s proposed budget for the period from 2028 to 2034, the EUR 409 billion European Competitiveness Fund is for investments in strategic technologies, including for the clean transition and decarbonization. The new Connecting E...
With the ambition to build several hydroelectric plants on pontoons on the Danube river in Bulgaria, a local company intends to install a 20 kW pilot facility in Vidin. An initiative is underway for the deployment of an environmentally friendly energ...
The construction of the largest wind farm in the Western Balkans region has begun in North Macedonia. The Government of North Macedonia and investor Alcazar Energy Partners held a groundbreaking ceremony near the city of Štip for the 400 MW facility....
Republic of Srpska, one of the two entities constituting Bosnia and Herzegovina, is set to host another solar power plant. It would be one of the largest ones, with a capacity of 150 MW. In late May, construction began on Bosnia and Herzegovina’s lar...