North Macedonia’s power utility Elektrani na Severna Makedonija has secured EUR 97 million for the installation of the Bitola 3 solar power plant and revitalization of hydropower plants. Elektrani na Severna Makedonija (ESM) said today it signed the contracts for a state guarantee and loans totaling EUR 97 million for two major energy projects. This […]
Israel’s Nofar Energy has begun construction of the 282 MW Corbii Mari solar park in Romania, with plans to connect it to the grid next year. The project is being financed from a recently secured EUR 192 million financing package that also covers the company’s two other large solar facilities in Romania. The financing for […]
Power utility Elektroprivreda Crne Gore has launched its second battery energy storage system procurement tender. The required capacity is drastically lower than in the first call. The initial public procurement was canceled because state-owned energy company Elektroprivreda Crne Gore (EPCG) didn’t obtain approval from the Government of Montenegro to take a loan for a EUR […]
Croatia’s capital, Zagreb, intends to invest EUR 56 million in waste management, green areas, and low-emission machinery. It expects the investment to reduce the environmental footprint of its municipal utilities and their operating costs. Zagreb Holding (ZGH), the umbrella firm for the city’s utility companies, has requested approval from the authorities for a long-term EUR […]
Econergy Renewable Energy has signed a EUR 40.5 million project finance agreement with UniCredit Bank for its 87 MW Oradea solar power plant in the Crișana region in north-west Romania. The Oradea photovoltaic facility has been fully connected to the grid since August 2025, and is generating revenues, according to Israel-based Econergy. The proceeds will […]
The Federation of Bosnia and Herzegovina is investing BAM 2.2 million to upgrade the air quality monitoring system. Federal Minister of Environment and Tourism Nasiha Pozder has signed contracts worth BAM 2.19 million (EUR 1.1 million) for the procurement of up-to-date equipment to upgrade the measurement program of the stations in the Federal Air Quality […]
Serbia’s state-owned power utility Elektroprivreda Srbije put the 66 MW Kostolac wind farm into trial operation. The construction of Kostolac is complete, and Elektroprivreda Srbije’s (EPS) first wind farm has generated its first megawatt-hours, EPS announced. Upon receiving approval for connecting to the transmission system, the substation was energized and the blades of wind turbine […]
Serbia’s power utility Elektroprivreda Srbije (EPS) signed a contract for the modernization of its Vlasina hydropower plants with Energotehnika – Južna Bačka. The contract for the reconstruction and modernization of the Vlasina (Vlasinske) hydropower plants (HPPs), with a capacity of 129 MW, was signed by Dušan Živković (sitting first from right), Chief Executive Officer of […]
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 […]
Renewable energy firm DRI has secured financing for the construction and operations of its Vacaresti solar park in Romania. DRI, UniCredit and Garanti BBVA have signed an agreement for non-recourse loans of up to EUR 60 million to finance the construction and operations of the Vacaresti solar park in Romania. DRI is Ukraine-based DTEK’s renewables […]