The European Union has an ambitious goal to lift the number of heat pumps to 60 million by 2030. Still, total sales of the devices in 19 European countries fell by a combined 22% last year, according to the European Heat Pump Association (EHPA). As p...
North Macedonia has issued 107,666 guarantees of origin for electricity in the first two months since introducing the mechanism. In April, the National Electricity Market Operator (MEMO) established the Register of Guarantees of Origin for electricit...
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....
North Macedonia drafted the Law on the Use of Energy from Renewable Sources to facilitate a decrease in fossil fuel consumption and a rise in the share of green energy. The legislation introduces market premiums under two-way contracts for difference...
Russia is interested in cooperating with Serbia in the nuclear energy sector. According to the authorities, the country is still a long way away from the potential construction of a nuclear power plant. Minister of Mining and Energy of Serbia Dubravk...
Dutch company Oceans of Energy has assembled its new floating photovoltaic plant in the Port of Amsterdam in just three days. The modular facility is about to be towed and integrated with the Hollandse Kust Noord offshore wind farm on the North Sea,...
Companies that participated in the second round of auctions in Romania for contracts for difference (CfDs) for wind and solar power projects received the ranking list. The target quota for photovoltaics was slightly surpassed, with 1.49 GW approved....
District heating plant Energetika has begun removing coal ash from an uncovered disposal site that has been polluting air and soil for years in the heart of Kragujevac, Serbia’s fourth-largest city. The effort is part of a project financed by an EUR...
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 constru...
Coal deliveries to thermal power plants in the first half of the year reached 73% of the plan, while only 43% of the overburden excavation target was achieved, warned Sanel Buljubašić, CEO of Bosnia and Herzegovina’s state-owned power utility Elektro...
Hydropower plant operator Hidroelektrarne na Spodnji Savi will build two solar power plants with a combined capacity of 9.2 MW near its Brežice hydropower plant. It picked Končar as the contractor. Two new photovoltaic facilities in the pipeline are...
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 und...
Shikun and Binui Energy is about to begin delivering electricity to the grid from its Satu Mare photovoltaic plant. It is the company’s first renewables project in Romania and the surrounding region. More than two and a half years after the start of...
Bulgaria’s Electricity System Operator has received applications for the connection of batteries with 12 GW in total capability, according to the transmission system operator’s Executive Director Angelin Tsachev. Bulgaria currently has 500 MW in batt...
The largest hybrid power plant in Bulgaria is beginning to take shape – a joint venture of Eurowind Energy and Renalfa IPP commissioned the first segment of a solar park, and it is building a battery energy storage system (BESS). The Tenevo facility...