Post

Serbia Signs Financing Agreement with the EU for Environmental and Energy Programs Worth EUR 325.2 Million. Serbia has signed a financing agreement with the European Union for the Multiannual Operational Program for the Environment and Energy sectors, valued at EUR 325.2 million, of which EUR 240 million are non-repayable grants from the EU’s IPA funds, […]

Due to the growing demand for electricity fueled by the rise of artificial intelligence, some old coal- and gas-fired power plants in Europe could soon be repurposed into data centers. This transition would provide tech giants with quick access to electricity and water for cooling, while allowing power plant operators to avoid the high costs

All construction work on the flue gas desulfurization system at the Nikola Tesla B (TENT B) power plant near Obrenovac has been completed, and individual components of the system are now being tested, according to the Ministry of Mining and Energy. The first trial, which involved releasing flue gases and lime slurry through the absorber

Two years after the COP28 agreement to triple global renewable energy capacity by 2030, national targets have seen minimal progress. According to the latest research from the independent energy think tank Ember, global ambition has increased by just 2% since the deal was reached in December 2023. Current national renewable energy targets total 7.4 terawatts

Mature home battery storage markets in Europe are stabilizing, while emerging markets with strong government incentives are gaining momentum, according to a new report by EUPD Research. The study reveals that home battery prices have plummeted by more than 50% between the first half of 2023 and the first half of this year. The European

The Republic of Serbia has expressed interest in taking over the Plandište wind farm project, currently owned by Naftna Industrija Srbije (NIS) and MET Renewables. The project has been in development for over a decade. The 102 MW Plandište project was discussed at the latest session of the Board of Directors of NIS, during which

The Government of Montenegro has adopted urban-technical conditions for a solar power plant with a nominal capacity of 81.1 megawatts near Pljevlja. The location is within the coal mine and thermal power plant complex. Greece is by far the most successful country in the Balkans when it comes to transforming coal regions into hubs for

The Government of North Macedonia and Kazancı Holding have signed a Memorandum of Understanding (MoU) paving the way for €1 billion worth of investments in the energy sector. The MoU was signed by Prime Minister Hristijan Mickoski and Cemil Kazancı, the President of Turkish company Kazancı Holding. Back in February, Mickoski announced that the company

The Hungarian state-owned power utility, MVM, has become the majority owner of Energotehnika – Južna Bačka from Novi Sad and Elektromontaža from Kraljevo. Energotehnika – Južna Bačka and Elektromontaža are privately-owned companies providing a wide range of products and services in the energy sector, primarily in Serbia. MVM is the leading producer, distributor, and supplier