Greece sees 28% surge in new gas connections in first half of 2025 Read More »
New natural gas connections in Greece rose by 28 percent in the first half of 2025 compared to the same period last year. Thessaly led the growth with a 48 percent increase, followed by Thessaloniki at 42 percent. Other regions averaged 30 percent growth, while the greater Athens area recorded a more modest 12 percent […]
Croatia: Professio Energia posts strong Q2 results on rising wind output Read More »
The Professio Energia group reported consolidated revenues of 15.57 million euros in the second quarter of 2025, while the parent company posted 2.16 million euros in non-consolidated sales. The performance was largely driven by electricity production from the Rudine, Danilo, and Mazin 2 wind farms, operated by VE Rudine, RP Global Danilo, and Liburana, respectively.
Bulgaria: Sunterra RE expands battery storage with 1 GWh deal Read More »
Sunterra RE has signed an agreement with Sungrow Power Supply Co. to deliver 1 GWh of battery energy storage capacity to three of its largest solar power facilities in Bulgaria. The move aims to enhance system-level flexibility, resilience, and energy efficiency. Sungrow will supply its MV-Power Titan 2.0 industrial storage system, which features LFP battery
Bulgaria boosts electricity production and exports in 2025 Read More »
Electricity production in Bulgaria reached 24.24 TWh between 1 January and 3 August 2025, marking a 9.74 percent increase compared to the same period in 2024, according to data from the Bulgarian electricity transmission system operator ESO. Electricity consumption also grew, rising by 5.74 percent to 22.76 TWh. As a result, the country recorded net
Bosnia and Herzegovina’s state-owned power utility, EPBiH, reported a net loss of approximately 23.3 million euros in the first half of 2025, a deeper deficit compared to the 13.7 million euros loss recorded during the same period in 2024. During the first six months of 2025, the company generated total revenues of 381 million euros,
The Memorandum of Understanding for the development of the Djerdap 3 pump-storage hydropower plant is nearing completion and is expected to be signed once harmonization is finalized, according to Serbian Minister of Mining and Energy Dubravka Djedovic. This announcement followed her meeting with Romanian Energy Minister Ivan Bogdan, during which they discussed expanding joint energy
Serbia: NIS launches tender for enhanced oil recovery pilot project at Velebit field Read More »
NIS has initiated a tender for the construction of a system to evaluate the feasibility of an enhanced oil recovery (EOR) method at the Velebit exploitation field in the municipality of Kanjiža. Velebit, Serbia’s largest oil deposit, was discovered in 1968, with production starting in 1985. The pilot project aims to increase output by injecting
The number of prosumers in Serbia has reached 5,071, collectively contributing 106 megawatts (MW) of installed capacity, according to the latest register maintained by the Electricity Distribution System (EDS). This growth reflects increasing participation from households, businesses, and local authorities in renewable energy production. Households form the largest group by number, with 3,667 prosumer homes
Dušan Bajatović, general director of the state-owned gas company Srbijagas and a member of the government team addressing US sanctions related to Serbian oil company NIS, stated that the recent postponement of full US sanctions implementation has allowed NIS to continue operating without disruption. Bajatović emphasized that a lasting resolution will require an agreement acceptable
Romanian energy group OMV Petrom recorded a 7 percent year-on-year drop in sales revenues during the second quarter of 2025, contributing to a 1 percent decline in total revenues for the first half of the year, which reached 3.4 billion euros. Net profit fell more sharply, decreasing by 17 percent in Q2 and 21 percent
