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 […]
Market conditions have become challenging for renewables in the CEE region, alongside uncertainties in the regulatory sphere, which calls for advanced and tailored financing solutions, according to participants in UniCredit Serbia’s workshop on navigating capital flows in the segment, including mergers and acquisitions (M&A). Investors, UniCredit’s clients, highlighted the growing importance of battery energy storage […]
The Green for Growth Fund has signed a series of agreements on green lending and support for major solar power and energy storage projects throughout the Western Balkans. The new commitments, backed by an investment from KfW, will lift its green financing portfolio in the region by up to EUR 176 million. At the EU–Western […]
Maglizh solar park in central Bulgaria has begun commercial operation, according to 360 Energy, which has built it in partnership with the majority shareholders of Eurohold (Evrohold). The facility has 160.5 MW in peak capacity. A project to add batteries is underway. Bulgaria’s photovoltaic capacity is growing rapidly while the battery storage segment and other energy […]
WISE Serbia, the Network of Women in Sustainable Energy, Climate Action, and Environment, under the auspices of the German development cooperation GIZ, announces the call for nominations for the 2025 Female Leader in Sustainable Energy Award. The call is intended for women who are professionally engaged in the energy and related sectors in the Republic […]
In partnership with Resalta, CWP Europe led the investment in a rooftop photovoltaic system of 6 MW in peak capacity in Kruševac in Serbia. They completed the project under an innovative ESCO model, contributing to the decarbonization efforts of the manufacturer of detergents and other chemical products. CWP Europe has successfully completed and commissioned a […]
In partnership with Resalta, CWP Europe led the investment in a rooftop photovoltaic system of 6 MW in peak capacity in Kruševac in Serbia. They completed the project under an innovative ESCO model, contributing to the decarbonization efforts of the manufacturer of detergents and other chemical products. CWP Europe has successfully completed and commissioned a […]
Eximprod, which installed the first wind turbine in Romania more than two decades ago, delivered the first megawatt-hours to the grid from its new wind farm in the country’s east. In addition, it is about to receive a commercial operating license for a 49.5 MW solar park in Prahova county. Several other wind parks are […]
The first mentorship program of the WISE Serbia women’s network, focusing on sustainable energy, the green economy, and climate action, and implemented with the support of German development cooperation GIZ, was successfully concluded with an event held in Belgrade. Over six months of intensive collaboration, seven mentor-mentee pairs built mutual trust, exchanged knowledge, and developed […]
Serbia is expected to finish drafting its energy storage regulations by the end of the year, completing its already strong regulatory framework for renewables, according to Svetlana Cerović, Head of Specialized Lending at UniCredit Bank Serbia. In the next auction for market premiums, Serbia should consider recognizing the contribution of projects involving energy storage, she […]