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BW Ideol secures up to €74mn for concrete floater plant in Fos-sur-Mer
The European Commission has selected BW Ideol’s Fos3F project for a grant of up to €74mn, targeting the construction of a concrete floater plant for floating wind turbines at the industrial site of Fos-sur-Mer.
Gunvor drops $22bn bid for Lukoil assets under US pressure
Swiss trader Gunvor has withdrawn its $22bn offer to acquire Lukoil’s international assets after the US Treasury announced it would block any related operating licence.

Venture Global signs 20-year deal to supply LNG to the Balkans via Greece

Venture Global has signed a liquefied natural gas sales agreement with Atlantic-See LNG Trade S.A., a newly formed Greek joint venture, to supply 0.5 million tonnes annually starting in 2030, reinforcing regional energy security.
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ExxonMobil takes 60% stake in gas exploration permit in Greece’s Ionian Sea
ExxonMobil joins a Greek energy consortium to explore a gas field in the Ionian Sea, strengthening its presence in the Eastern Mediterranean after Chevron, amid post-Russian energy diversification efforts.
Le TAP augmente ses nominations de gaz aux interconnexions européennes clés
Les nominations du Trans Adriatic Pipeline progressent à Melendugno, Nea Mesimvria et Komotini, signalant davantage d’offre pipeline et une flexibilité accrue pour les expéditeurs face aux arbitrages avec le gaz naturel liquéfié.

Iberdrola installs its first offshore HVDC station in the United Kingdom

Iberdrola has installed the high-voltage direct current converter station for its East Anglia THREE wind farm, marking a key milestone in a €5 billion project.
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Lukoil begins sale of international assets after new US sanctions
Lukoil has started divesting its foreign assets following new US oil sanctions, a move that could reshape its overseas presence and impact supply in key European markets.
Chevron and Helleniq Energy secure four offshore exploration permits in Greece
The Greek government has selected a consortium led by Chevron to explore hydrocarbons in four maritime zones in the Ionian Sea and south of Crete, with geophysical surveys scheduled to begin in 2026.

Shanghai Electric signs 342 MW deal with Econergy in Romania

Shanghai Electric has signed phase II of the Parau photovoltaic project with Econergy, expanding its Romanian solar portfolio to 550 MW.
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GE Vernova to supply 42 turbines for a 252 MW wind farm in Romania
GE Vernova will equip the Ialomiţa wind farm with 42 turbines of 6.1 MW, strengthening its presence in the European onshore wind sector with a 252 MW project in partnership with Greenvolt.
CWP Europe secures Brussels’ support for 1 GW energy projects in the Balkans
CWP Europe formalised two major projects in Albania and Montenegro with backing from the European Commission, reinforcing the Balkans’ integration into the European energy market.

StarCharge signs 500MWh contract with ENERGY INVESTMENT LLC in Eastern Europe

StarCharge has secured a 500MWh energy storage order through a strategic agreement with ENERGY INVESTMENT LLC, strengthening its position in rapidly evolving Eastern European markets.
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Elawan wins 92MW wind capacity in Romania under 15-year public contract
Elawan Energy secured two wind power projects totalling 92MW in Romania through a long-term public contract, strengthening its presence in the region with operations scheduled to begin in 2028.
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.

Metacon finalises EUR7.1mn hydrogen contract with Elektra in Romania

Swedish firm Metacon has secured a EUR7.1mn ($7.7mn) contract to deliver a 7.5 MW electrolysis plant to Elektra Power SRL, marking its operational entry into the Romanian market.
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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.
Nuclearelectrica secures €620mn for strategic Cernavoda projects
Romanian producer Nuclearelectrica has secured €620mn in funding to modernise Cernavoda unit 1 and launch the next phase of units 3 and 4, backed by a banking syndicate led by JP Morgan.

Washington approves $130mn project to connect Moldova’s grid to Europe

The United States is funding a new high-voltage line to integrate Moldova into the European electricity market, following the cutoff of supplies from the separatist Transnistria region.
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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.
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AfDB grants $7.41mn to Liberia to complete hydroelectric power plant
South Korea under pressure from the IEA to liberalise its electricity market
Iberdrola launches a public offer to acquire 100% of Neoenergia in Brazil
KEPCO and ENEC strengthen alliance on nuclear and artificial intelligence
Iberdrola sells 757 MW of French onshore assets to Technique Solaire
Eurobank and Greek government finance Enipeas solar project
As part of the "Greece 2.0" national recovery plan, Eurobank and the Greek government are providing financial support for Lightsource bp's Enipeas project.
Eurobank Grèce projet solaire
Historic recession in Greek LNG imports
For the first time in five years, Greece did not import any LNG in April, as regional prices made the option unprofitable.
L'arrêt des importations de GNL en Grèce en avril, révélant l'impact des coûts élevés et la préférence pour le gaz de pipeline.

R.Power expands into Romania for New Solar Projects

R.Power launches an ambitious solar portfolio in Romania, promising a significant increase in clean energy production with over 1.2 GWp under development.
R.Power renforce sa présence en Roumanie avec un vaste portefeuille de projets solaires prometteurs et des partenariats stratégiques.
Hidroelectrica and Masdar strengthen their partnership
A delegation from Hidroelectrica, led by Karoly Borbely, is taking part in an official visit to the United Arab Emirates from April 17 to 19, 2024. This visit marks a milestone in the strengthening of energy relations between Romania and the United Arab Emirates.
Hidroelectrica Masdar partenariat
Renewable energy booms in Italy in March
In March, Italian renewable energy production jumped by 29%, accounting for 52% of total domestic supply.

PPC Group-MYTILINEOS agreement for 2000 MW of solar projects in Europe

PPC Group and MYTILINEOS sign an agreement to develop up to 2,000 MW of solar projects in Italy, Bulgaria, Croatia and Romania, valued at 2 billion euros.
Accord PPC MYTILINEOS solaire
China “very concerned” about EU investigation into its wind turbine manufacturers
China expresses concern at EU measures to investigate its wind turbine manufacturers for anti-competitive practices.
Chine critique enquête UE subventions
Moldova: a power line to reduce dependence on Russia
Moldova is starting work to connect its power grid to that of Romania, with the aim of reducing its dependence on Russian energy.
Ligne électrique Moldavie Roumanie

EU launches anti-subsidy investigation against China for wind energy

Margrethe Vestager announces an EU investigation into Chinese wind turbine manufacturers, suspected of distorting competition in Europe.
UE Enquête Subventions éolien Chine
Energiequelle sets up in Greece
Energiequelle opens a branch in Athens, marking its entry into the Greek renewable energy market.
Energiequelle implantation Grèce
Greece: MYTILINEOS and KARATZIS SA sign solar agreement
MYTILINEOS Energy & Metals and KARATZIS SA join forces to develop a 262 MW solar infrastructure to meet the energy needs of thousands of Greek households.
Accord solaire MYTILINEOS KARATZIS Grèce

Romania seeks to finance energy storage projects

Romania's Prime Minister wants to increase energy storage capacity in Romania to attract investors for the Tarnita-Lapustesti hydroelectric power plant. It also proposes financing of 500 million euros for a new energy storage project.
Roumanie 500 millions stockage
European Union investigates Chinese support for solar industry
Brussels initiates investigations into Chinese solar consortia suspected of benefiting from unfair subsidies, against a backdrop of EU-China tensions.
Enquêtes UE subventions solaire Chine
Poland: VALOREM and T&T PROENERGY sign solar partnership agreement
The strategic partnership between VALOREM and T&T PROENERGY aims to develop over 300 MW of photovoltaic projects in Poland.
Partenariat VALOREM T&T Solaire Pologne

EU-Azerbaijan: cross-border energy cooperation

The 10th Ministerial Meeting of the Southern Gas Corridor Advisory Council and the 2nd Green Energy Advisory Council in Baku on March 1, 2024 strengthen international energy cooperation. With the participation of 23 governments and 52 entities, this event highlights the EU-Azerbaijan energy partnership. Discussions focused on energy transition, reducing emissions and strengthening energy supplies.
accord UE-Azerbaïdjan
ISB invests €400 million in MYTILINEOS
The European Investment Bank (EIB) commits 400 million euros to support MYTILINEOS in the accelerated development of renewable energy in Greece and the EU.
TAQA and Cyprus on the road to a New Energy Era in the Mediterranean
TAQA signs a Memorandum of Understanding with Cyprus and Greece, marking a strategic turning point in energy interconnection and the green transition in the Eastern Mediterranean.

Uranium: Soaring Prices, New Nuclear Era

Faced with limited supply and growing demand, the price of uranium reached its highest level in 17 years, signalling a global revival in nuclear power.
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VALOREM and T&T PROENERGY: Strategic Alliance for Solar Energy in Poland
VALOREM, in collaboration with T&T PROENERGY, is launching an ambitious 300 MW solar photovoltaic project in Poland, marking a significant step forward in Europe's renewable energy sector.
International agreement to triple nuclear capacity by 2050
The agreement signed by 22 countries at the Climate Change Conference in Dubai aims to triple global nuclear capacity by 2050, marking a decisive turning point in the fight against global warming.
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