Portuguese renewable energy company Hyperion Renewables has secured a €16.3 million loan from Germany’s ProCredit Holding to finance the construction of a 38 MW solar power plant in the town of Săliște, Sibiu County, Romania. Construction of the facility is already underway, marking Hyperion’s first operational project in the Romanian market. The plant is among […]
Israeli independent power producer Econergy Renewable Energy has appointed Shanghai Electric as the engineering, procurement, and construction (EPC) contractor for the second phase of the Parau solar complex in Romania, which will ultimately reach a total capacity of 342 MW. The project, located in Brașov County, recently secured a Contract for Difference (CfD) for 125
Montenegro and Italy have signed a Memorandum of Understanding (MoU) to link their electricity markets, marking a new phase of cooperation and reinforcing Montenegro’s role within the European energy network. Both governments emphasized that closer energy integration will enhance supply security, system stability, and create new opportunities for economic growth. Energy and Mining Minister Admir
In August 2025, total electricity consumption in North Macedonia reached 409,092 MWh, while natural gas consumption amounted to 20.2 million cubic meters. Coal consumption totaled 267,987 tons, and the use of petroleum products stood at 110,475 tons, according to data from the State Statistical Office. Domestic generation covered 93.2% of the country’s electricity needs that
Bosnia and Herzegovina: Electricity imports triple as prices and tariff pressures mount Read More »
Bosnia and Herzegovina imported nearly 250 million euros worth of electricity in the first nine months of 2025, according to data from the Agency for Statistics. This represents a sharp rise from the same period in 2024, when imports amounted to 86.5 million euros — an increase of about 160 million euros year-on-year. At the
Voltalia’s 140 MW Karavasta solar power plant in southwestern Albania generated 223 GWh of electricity during the first nine months of 2025, slightly exceeding the 218 GWh produced in the same period last year. The Karavasta facility, one of the largest solar projects in Albania, began feeding power into the national grid in December 2023.
Turkmenistan has reaffirmed its readiness to supply natural gas to European markets but acknowledged significant logistical barriers, particularly the lack of a pipeline linking Central Asia to Europe across the Caspian Sea. Maksat Babayev, Turkmenistan’s minister for gas and head of the state-owned company Turkmengas, said the country remains committed to diversifying its export routes,
For EU energy infrastructure players—whether you’re deploying BESS, solar farms, smart substations, or grid-responsive industrial sites—Serbian engineering firms offer a proven, nearshore solution to handle technical workloads with precision, speed, and affordability. From relay logic and SCADA systems, to grid impact simulations and protection studies, Serbia is not just a cost-saving option — it’s a strategic engineering ally. As
As European industries accelerate modernization and green-energy transition, Serbia has positioned itself as a strategic outsourcing hub for integrated electrical-mechanical design and fabrication support. Combining engineering precision, digital design capability, and cost-efficient production expertise, Serbian firms are now delivering full design packages ready for international fabrication and on-site assembly across Europe. Integrated design for complex
As Europe experiences a surge in renewable-energy development, smart-grid expansion, and industrial modernization, Serbia is quietly becoming a crucial outsourcing and engineering hub. With a strong tradition in technical education, deep industrial roots, and a fast-growing pool of skilled professionals, the country’s design and electrical-engineering sector is supplying expertise to some of the continent’s most
