Montenegro’s state-owned power utility, Elektroprivreda Crne Gore, has launched a tender for the procurement and installation of two battery energy storage systems with a total capacity of 60 MW/240 MWh. Elektroprivreda Crne Gore (EPCG) is seeking a partner for the design, supply, installation, testing, and commissioning of two battery energy storage systems (BESS), each with […]
The world’s total capacity of solar power plants has increased by 380 MW in the first half of 2025. It is a 64% increase compared to the same period last year, according to Ember. In the first six months of 2024 the world added 232 GW. It took until September that year for new solar […]
Serbia and South Korean company Korea Hydro & Nuclear Power have signed two memorandums of understanding on cooperation in the fields of nuclear energy and hydrogen. The memorandums were signed by Sonja Vlahović, State Secretary at the Ministry of Mining and Energy, and Joo-ho Whang, President and CEO of Korea Hydro & Nuclear Power (KHNP), […]
The testing of an exploratory well near the Croatian city of Osijek has confirmed the area’s geothermal potential, according to the Croatian Hydrocarbon Agency. This marks the second successful completion of exploratory activities within a broader project aimed at developing geothermal potential for district heating in Croatia. At the end of June, good news came […]
For the first time, Elektroprivreda Srbije (EPS) will not take out loans this year, but will finance all investments from its own resources, according to General Manager Dušan Živković. However, it has affected the financial performance of Serbia’s state-owned power utility, with profit in the first half of 2025 coming in lower than in the […]
Serbia has launched works as part of the BeoGrid 2025 project, aimed at improving the power transmission infrastructure in Serbia, the region, and Europe, as well as facilitating electricity offtake from renewable energy power plants in the South Banat region of Vojvodina. The BeoGrid 2025 project, worth EUR 205 million, comprises six distinct components, according […]
The Croatian Bank for Reconstruction and Development has secured EUR 150 million from the European Investment Bank, of which at least one third is dedicated to green investments by businesses in the country. A new finance contract with the European Investment Bank (EIB) provides EUR 150 million to finance projects of mid-caps, large private companies […]
Over the past year, Montenegro has adopted two reform laws – on energy and on renewable energy sources – and scheduled its first auctions for market premiums. Admir Šahmanović, Minister of Energy and Mining, told Balkan Green Energy News that the new regulations fully align the sector with the European Union acquis, sending a clear […]
Elektroprivreda Srbije achieved a profit of RSD 27.4 billion (EUR 233.8 million) in the first half of 2025. The financial result of the state-owned Elektroprivreda Srbije (EPS) is lower than in the same period of 2024, when profit amounted to RSD 32.8 billion (EUR 280.3 million). The company posted RSD 26.1 billion (EUR 222.8 million) […]
The newly purchased wind and solar projects in Romania and Bulgaria will bring much higher returns than ones in the Greek market, claims George Alexopoulos, Deputy Chief Executive Officer of HELLENiQ Energy. HELLENiQ Renewables Romania, operating under Greece-based HELLENiQ Energy, bought a wind project in Scânteiesti in Galaţi in eastern Romania, with a licensed capacity […]