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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.

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.

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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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.

Azerbaijan arrests former SOCAR executive for embezzlement and economic threat

Adnan Ahmadzada, a former senior figure at SOCAR, has been placed in pre-trial detention in Baku on suspicion of large-scale embezzlement and threatening the country's economic security.

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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Kazakhstan resumes crude exports via BTC after one-month technical halt

KazMunayGas has resumed oil shipments to Turkey through the Baku-Tbilisi-Ceyhan pipeline, following a stoppage due to a contamination issue resolved at the Aktau terminal.

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.
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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.

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.
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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.

Italy seeks energy guarantees in potential sale of IP to SOCAR

The Italian government is demanding assurances on fuel supply security before approving the sale of Italiana Petroli to Azerbaijan's state-owned energy group SOCAR, as negotiations continue.

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.
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Aramco and SOMO suspend crude supplies to India’s Nayara Energy

Saudi and Iraqi exporters halted supplies to Nayara Energy, forcing the Rosneft-controlled Indian refiner to rely solely on Russian crude in August.

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 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.
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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.

Metacon confirms partial delivery and receives EUR 14.9 million

Metacon receives EUR 14.9 million from Motor Oil Hellas for the approved delivery of ten electrolysis units, marking the first stage of a strategic industrial project in Greece.
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Bulgaria claims 400 million euros from Gazprom for gas cuts

Bulgargaz is claiming 400 million euros from Gazprom for cutting off deliveries in 2022, following EU sanctions against Russia.
Bulgargaz réclame 400M€ à Gazprom

Germany: 100 TWh of green hydrogen imported via pipelines by 2035

A study reveals that Germany could import up to 100 TWh of green hydrogen per year via pipelines by 2035, meeting a significant proportion of its projected energy demand.
Importation d'hydrogène vert Allemagne

Akuo launches participatory financing for its solar power plants in Greece

Akuo begins a participatory financing campaign for its solar power plants in Thessaly, Greece, via "AkuoCoop by Lendosphere", aimed at promoting energy transition.
Financement participatif centrales solaires

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.
Exportations de gaz en baisse

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.
Investissement Alcazar énergie renouvelable

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.
Exportations énergétiques russes Asie

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.
Diversification combustible nucléaire Europe

France: The French Senate recommends that the French State acquire a stake in TotalEnergies

The French Senate is proposing that the French government acquire a "specific share" in TotalEnergies, in order to have a say in the company's strategy.
Senate specific action TotalEnergies France

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.
Défis investissements énergies renouvelables 2030

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.
Béton décarboné éoliennes

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.
Parc éolien Roumanie Rezolv Energy Low Carbon

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

Baku asked by the EU and Ukraine to facilitate Russian gas transit

The European Union and Ukraine have asked Azerbaijan to play a key role in facilitating a new Russian gas transit agreement, currently under discussion.
Facilitation du transit gaz russe

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
Diversification énergétique en Bulgarie

Azerbaijan at COP29: A commitment to gas as transition energy

Azerbaijan, host of COP29, defends its natural gas production as a "transitional energy", while investing in renewable energies to meet international expectations.
Azerbaïdjan investissement gaz

Azerbaijan/Kazakhstan: Oil Transit Increases to 7 Million Tons

Azerbaijan and Kazakhstan are discussing a significant increase in the transit of Kazakh oil via Azerbaijan, aiming to reach 7 million tonnes. This initiative aims to diversify Kazakhstan's oil export routes, thereby reducing its dependence on Russia.
Azerbaïdjan/Kazakhstan: Augmentation du Transit Pétrolier à 7 Millions de Tonnes.

Azerbaijan: Geothermal investment opportunity according to Baker Hughes

Baker Hughes highlights Nakhchivan's geothermal potential, offering new investment prospects for renewable energies in Azerbaijan.
Investissement géothermique Nakhchivan
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