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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.

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.

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.

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.

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.
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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.

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.

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.
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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.

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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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.

Bringing forward the EU gas ban would push up TTF in Central Europe

Starting the ban on Russian gas as early as 2026 would raise benchmark prices, with a spread close to $1/MMBTU in 2026–2027 and spikes above $20/MMBTU in Austria, Hungary and Slovakia, amid tight regional supply and limited LNG availability.

Romania negotiates with Brussels to extend coal plants until 2031

The Romanian government is asking the European Union for a five-year delay on the closure of 2.6 gigawatts of coal capacity, citing delays in bringing gas and solar alternatives online.
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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.

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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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.
reactivation well MJ-01 Israel

Atlantica Sustainable Infrastructure acquired by Energy Capital Partners

Energy Capital Partners acquires Atlantica Sustainable Infrastructure for $22 per share, valuing the company at $2.5 billion. This transaction, supported by the company's main shareholders, is designed to strengthen the company's green growth.
Atlantica Sustainable Infrastructure acquired by Energy Capital Partners for $2.5 billion.

EBRD buys stake in Premier Energy

European Bank for Reconstruction and Development (EBRD) becomes a shareholder in Premier Energy PLC, supporting the expansion of renewable energy production capacity in Romania and Moldova.
EBRD Acquires Stake in Premier Energy to Support Renewable Energy.

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.

Photon Energy: €15m for solar farms in Romania

Photon Energy has signed a €15 million loan agreement with the EBRD to finance the construction of six solar farms in Romania, strengthening its integrated business model.
La Roumanie développe son parc Photovoltaïque.

EU: China withdraws from solar project in Romania following investigations

The European Commission announces the withdrawal of two Chinese giants from a Romanian tender for a photovoltaic park, following anti-subsidy investigations.
Union européenne Entreprises Chine Solaire Enquêtes

Saint-Gobain signs a PPA in Romania

Saint-Gobain signs a major five-year renewable electricity purchase agreement in Romania, a crucial milestone on the road to zero-carbon emissions.
Saint-Gobain PPA Roumanie

Russian gas pipeline: reduced flows to Europe in April

In April, Russian gas flows to Europe declined, with a notable reduction via the TurkStream pipeline.
Flux Gaziers Russes Réduits

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

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

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

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

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.
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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.

Serbia-Bulgaria Gas Pipeline, Beginning of a New Energy Era?

Serbia inaugurates a gas pipeline with Bulgaria, marking an energy turning point by reducing its dependence on Russian gas in favor of Azeri gas.
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