The deployment of battery energy storage systems (BESS) across Southeast Europe is progressing at an uneven pace. State subsidies and financing mechanisms have enabled the rapid implementation of BESS solutions in Greece, Romania and Bulgaria, while markets in the Western Balkans are lagging behind. However, the outlook remains positive, as experiences from neighboring markets and […]
The Ministry of Energy of Romania launched a public call for expressions of interest for a study identifying areas in the Black Sea for concession agreements for offshore wind farms. It encouraged consortia of international and domestic firms and research institutions to apply. Romania is gradually developing the legal framework for the start of the […]
The past three to four years have been nothing short of transformational when it comes to the energy transition in the Western Balkans, said Borislav Kostadinov, Finance in Motion’s Fund Director for the Green for Growth Fund, in a keynote address at Belgrade Energy Forum. The region has responded to the energy crisis with innovation, […]
Factors like power price volatility, the global shift in policy making and the need for flexible solutions for the integration of renewables are creating an important momentum for developers and aggregators, Chief Executive Officer of Alteo, Attila Chikán, said at Belgrade Energy Forum 2025. The company is expanding in Central and Southeastern Europe with investments […]
French renewable energy company Akuo Energy has signed a power purchase agreement (PPA) with Serbia’s state-owned power utility Elektroprivreda Srbije (EPS) for the Bela Anta 2 wind power project, for the full capacity and including the balancing responsibility. The project is being developed through Matrix Power, a special purpose vehicle (SPV) fully owned by Akuo […]
The Department of Environment of Cyprus scrapped a proposal for a wind power plant partly within or near protected areas due to the expected impact, including on vulnerable bird species such as the Bonelli eagle and long-legged buzzard. The project was launched in 2008 and amended several times. Stivo Trading and its wind farm project […]
Romanian state-owned hydropower plant operator Hidroelectrica signed a deal with Servelect and subcontractor Electroplus, which need to install solar panels on the roofs of 20 hydroelectric plants. They are on the middle and downstream parts of the Olt river. Combining hydropower with photovoltaics including floating solar power plants is becoming popular. The two sources are […]
The North Macedonian section of the gas interconnector with Greece is expected to be completed by early 2027. The construction contract was signed by the Ministry of Energy, Mining and Mineral Resources, domestic contractor Rapid Build and the country’s gas transmission system operator Nomagas. The construction of the gas pipeline connecting North Macedonia with Greece […]
Serbia’s state-owned power utility Elektroprivreda Srbije (EPS) is committed to its own and the country’s goals for green energy and emission cuts, but it is sustainable only if it doesn’t jeopardize energy security, Chief Executive Officer Dušan Živković said. Weakness in the energy system is not an option, he underscored. The recent blackout in entire […]
With a majority of votes, 62 out of 120, the Assembly of North Macedonia adopted the Law on Energy. The government’s representatives say it is systemic, comprehensive, and reform-oriented legislation laying the foundation for the country’s new energy policy. The act aligns the country’s legal framework with the European Union. The new Law on Energy […]
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