Latest News

Consultation on the electricity market reform in Poland

To assess the opinion from public and private stakeholders, European Commission opened a consultation on proposed electricity market reforms in Poland.

New best practice standards set in the Energy Community by North Macedonia

On 6 February North Macedonia set new best practice standards in the Energy Community by adopting a Law on Energy Efficiency.

Offshore wind capacity expanded in Poland and Estonia

The Polish Government aims to upscale renewables until 2040, and as a part of this approach extend offshore wind capacity.

Obton buys Renesola portfolio in Hungary

On 8 January 2020, ReneSola Ltd entered into an agreement and sold its 15-MW solar portfolio in Hungary to the Danish investor Obton. The portfolio includes 25 solar farms under development in 3 locations.

Subsidy free wind project wins first technology-neutral tender in Lithuania

The UAB Windfarm Akmene One wind project won support of 0.3 TWh in the auction with a bid of EUR 0 per MWh in the 1st technology-neutral renewables tender in Lithuania.

NIB and BSTDB significant contributors of green transition in SEE

NIB and the Black Sea Trade and Development Bank agreed on a EUR 50 million loan programme and a 10-year loan facility to finance environmental projects in the Black Sea region and Southeast Europe.

GENI commissions rooftop a 242 kW PV plant

The Slovenian electricity supplier GENI was commissioned to construct a 242 kW rooftop PV plant for Telemach. The annual production will be ca. 254.1 MWh. That will guarantee a 20% self-consumption and meet the changing needs for its electric vehicles

CEF funds granted to strengthen the Energy Union

On the sideline of the PCI Energy days from 3-4 December 2019 in Brussels, Connecting Europe Facility (CEF) grants were allocated to create studies for the development of the Harmony Link Interconnector between Lithuania and Poland in the value of €10.29 million.

Cooperation between EBRD, the Green Climate Fund and Luxembourg is delivering results

EBRD`s cooperation with the Green Climate Fund and the Government of Luxembourg is delivering results for SMEs in Serbia.

AVIC to build 3 hydro power plants on the Bistrica river

The Republika Srpska, which is one of the two autonomous entities of Bosnia and Herzegovina, entered into an agreement with the Chinese company AVIC for the construction of 3 hydro power plants on the Bistrica river with a total installed capacity of 45 MW, in the value of EUR 100 million.
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