Bulgaria

SUNOTEC secures financing for seven energy storage projects in Bulgaria

SUNOTEC expands in the Bulgarian market with seven projects combining battery and solar, totalling 763 MWh of storage and 115 MWp of photovoltaic capacity.

Croatia targets Russian stake in NIS to maintain oil flows

JANAF is interested in acquiring a 20 to 25% stake in NIS, as the Russian-owned share is now subject to US sanctions.

Faria Renewables acquiert deux parcs éoliens pour un total de 30,8 MW en Grèce

Faria Renewables a finalisé l’acquisition de deux projets éoliens d’une capacité cumulée de 30,8 MW, consolidant son portefeuille d’actifs en Grèce et poursuivant son expansion stratégique sur le marché national.
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US sanctions hit NIS, a key player in Serbia’s oil market

Serbian oil company NIS, partially owned by Gazprom, faces newly enforced US sanctions after a nine-month reprieve, testing the country's fuel supply chain.

JANAF and MOL begin crucial talks on Central European oil transport

Hungarian oil group MOL and Croatian operator JANAF are negotiating an extension of their crude transport agreement as the region seeks to reduce reliance on Russian oil.

Bulgaria begins talks for the deployment of small modular reactors

The Ministry of Energy will initiate talks with developers of small nuclear reactors after signing a cooperation agreement with the United States to conduct preliminary studies on their deployment.
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US sanctions against NIS postponed by eight days, says Belgrade

US sanctions against Serbian oil company NIS, owned by Gazprom, were delayed by eight days after talks between Belgrade and Washington, President Aleksandar Vucic said.

HiTHIUM signs 2GWh deal with Solarpro for large-scale storage projects in Eastern Europe

Storage provider HiTHIUM will supply 2GWh of batteries to Solarpro for multiple large-scale projects across the Balkans and Central Europe.

Serbia to renew gas contract with Russia in October despite tensions

A new three-year gas import agreement will be signed between Belgrade and Moscow, as Serbia’s energy ties face growing diplomatic scrutiny from the West.
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Ukraine seeks $1bn to secure gas reserves ahead of winter

Despite gas stocks covering over 80% of winter needs, Kyiv must still import more to offset the impact of Russian strikes on energy infrastructure.

Greece and Libya resume talks on maritime delimitation

Athens and Tripoli engage in a negotiation process to define their exclusive economic zones in the Mediterranean, amid geopolitical tensions and underwater energy stakes.

Chevron and HelleniQ Energy submit joint bid for four gas blocks off Crete

US-based Chevron has submitted a bid with HelleniQ Energy to explore four offshore blocks south of Crete, marking a new strategic step in gas exploration in the Eastern Mediterranean.
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European Union targets eight bottlenecks to secure its power grid

The European Commission launches a regulatory plan addressing eight major power grid blockages to reduce price disparities and strengthen energy security across the Union.

Imperial Petroleum invests in seven vessels despite a 22.8% drop in revenue

Imperial Petroleum expanded its fleet to 19 vessels in the second quarter of 2025, while reporting a decline in revenue due to lower rates in the maritime oil market.

Greek shipowners cut Russian crude links under new compliance rules

Greek shipping companies are gradually withdrawing from transporting Russian crude as the European Union tightens compliance conditions on price caps.
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ABO Energy cuts costs and accelerates wind project sales

ABO Energy maintains its annual targets despite a drop in half-year profit, relying on cost-cutting measures and early project sales to secure cash flow.

Global renewable energy investments reach $386 billion in first half

Driven by distributed solar and offshore wind, renewable energy investments rose 10% year-on-year despite falling financing for large-scale projects.

Hungary launches pipeline with Serbia despite regional supply tensions

Budapest plans to complete a new oil link with Belgrade by 2027, despite risks of dependency on Russian flows amid ongoing strikes on infrastructure.
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Hungary receives over 5 bn m³ of Russian gas via TurkStream in 2024

Hungary has imported over 5 billion cubic metres of Russian natural gas since January via TurkStream, under its long-term agreements with Gazprom, thereby supporting its national energy infrastructure.

AP1000 reactor certification extended in the US until 2046

The United States Nuclear Regulatory Commission has granted a 40-year extension for the AP1000 reactor design certification, supporting its long-term construction domestically and deployment abroad.

Russian gas exports via TurkStream fall in June

Russian gas exports via TurkStream fell in June due to planned maintenance, reducing flows to zero for five days.

River ecosystem threatened by dams in the Balkans

The Balkans risk irreversible damage to their rivers, warns an NGO, due to numerous hydroelectric dam projects.

CCS in Europe between regulatory and financial challenges

The development of CCS in Europe faces major obstacles in the form of regulatory uncertainty and high costs. Projects are slowing down as the 2030 deadline for climate targets approaches.
Défis CCS en Europe

Alcazar Energy invests $500 million in wind power in Northern Macedonia

Alcazar Energy Partners invests $500 million to launch the largest wind power project in Northern Macedonia, aiming to generate 400 megawatts of renewable energy.

China and India top the list of Russian oil importers in May

In May, China and India became the main buyers of Russian fuel oil and vacuum gas oil (VGO), representing a significant increase in Russia's seaborne exports. These exports, which totalled around 4 million tonnes, are the result of the end of seasonal maintenance work.

EU invests €2.967 billion to modernize energy systems in 10 countries

The European Commission is allocating nearly 3 billion euros to support 39 energy projects in 10 member states, aimed at modernizing infrastructures and reducing CO2 emissions.
Modernisation systèmes énergétiques

EU Invests in Framatome’s VVER-440 Fuel Development

EU invests 10 million euros to develop a European fuel solution for VVER reactors run by Framatome, boosting energy security.

Investments and Obstacles to Achieving the 2030 Goals according to EY’s RECAI

Despite record investment in clean energy in 2023, significant challenges remain in meeting the target of tripling renewable capacity by 2030, according to EY's latest RECAI report.

Renalfa inaugurates a 25 MW/55 MWh energy storage system in Bulgaria

Renalfa IPP launches a 25 MW/55 MWh energy storage battery in Razlog, Bulgaria, marking a major step forward in energy storage in Eastern Europe.
Renalfa inaugure un système de stockage d’énergie de 25 MW/55 MWh en Bulgarie.

VALOREM innovates with a carbon-free concrete wind turbine foundation

Hoffmann Green Cement Technologies and the VALOREM Group have created the world's first wind turbine foundation using clinker-free, decarbonated concrete, opening up new prospects in the renewable energy sector.

Rezolv Energy and Low Carbon secure €291 million for wind farm in Romania

Rezolv Energy and Low Carbon, through their subsidiary First Looks Solutions S.R.L., have secured loan facilities of up to 291 million euros to finance the first construction phase of the VIFOR wind farm in Romania.

EDPR inaugurates the “Erimia” wind farm in Greece

EDP Renouvelables (EDPR) strengthens its presence in Greece with the inauguration of the "Erimia" wind farm, bringing its capacity in the country to 80 MW.
Parc éolien "Erimia" en Grèce

Bulgaria turns away from Russian fuel

Bulgaria initiates the use of Westinghouse fuel in its Kozlodoui power plant, reducing its energy dependence on Russia and initiating a transition to diversified suppliers

Zion Oil & Gas launches reactivation of the MJ-01 well in Israel

Zion Oil & Gas starts recompletion operations on its MJ-01 well in Israel, despite logistical challenges linked to the ongoing conflict.

MYTILINEOS to supply solar power for Keppel’s data centers

MYTILINEOS will supply renewable energy from solar farms in Ireland to power two of Keppel DC REIT's data centers in Dublin.
Fournira de l'Énergie Solaire pour les Centres de Données de Keppel à Dublin.

Project for a new hydroelectric power station on the Danube

Romania plans to join Serbia in building a third hydroelectric power station on the Danube, an ambitious but controversial project due to its environmental and navigability impacts.

Europe faces falling LNG imports

LNG reshipment levels from European hubs reached their lowest level for seven months, reflecting weak demand and strong competition with Asia for liquefied natural gas supplies.

FRV launches 600MW photovoltaic projects in Finland

FRV joins forces with Will & Must to develop 600MW of photovoltaic projects in Finland, marking a first foray into the Nordic countries for this leading renewable energy company.
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Bulgargaz: Botas wins contract to supply LNG to Turkey

Bulgarian Energy Minister Vladimir Malinov has announced that Botas, the Turkish state gas importer, has won Bulgargaz's tender to deliver LNG to Turkey in June, resulting in substantial savings.

Bulgaria shifts its energy mix towards solar power

SENS LSG connects two solar farms in Bulgaria, marking a milestone in the country's energy transition.