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Czech Utility ČEZ Completes Sale Process of Romanian Assets

Date: 01.04.2021 Author: Peter Palčec
Czech Utility ČEZ Completes Sale Process of Romanian AssetsPhoto: Energetika.NET archive

The Czech power utility ČEZ has completed the sale process of the company’s Romanian assets to the funds managed by Macquarie Infrastructure and Real Assets (MIRA), according to ČEZ.

French Akuo Completes Purchase of 15.5 MW Hydro Capacity in Bulgaria

Date: 01.04.2021 Author: Tanja Srnovršnik
French Akuo Completes Purchase of 15.5 MW Hydro Capacity in BulgariaPhoto: Alenka Lena Klopčič

Akuo, a France-based renewable energy power producer and developer, has successfully completed the acquisition of PVB Power Bulgaria, a portfolio of five operational hydropower plants (HPPs) with a

Romanian Romgaz Submits Binding Bid for Exxon’s Stake in Neptun Deep

Date: 01.04.2021 Author: Tanja Srnovršnik
Romanian Romgaz Submits Binding Bid for Exxon’s Stake in Neptun DeepPhoto: INAgip

The Romanian state-owned natural gas company Romgaz has submitted a binding bid for the 50% stake held by the U.S. group ExxonMobil in the Neptun Deep offshore gas project in the Black Sea, said the

Macedonian MEPSO Ends 2020 With EUR 5.8m Loss

Date: 31.03.2021 Author: Tanja Srnovršnik
Macedonian MEPSO Ends 2020 With EUR 5.8m LossPhoto: Energetika.NET archive

The Macedonian electricity TSO, MEPSO, generated a loss of EUR 5.818 million in 2020, while it ended 2019 with a profit before taxes of EUR 7.8 million, shows the annual financial report adopted by

SEE Countries Intensify Their Push for Natural Gas in EU Taxonomy

Date: 31.03.2021 Author: Tanja Srnovršnik
SEE Countries Intensify Their Push for Natural Gas in EU TaxonomyPhoto: Roman Peklaj

Bulgaria, Croatia, Romania, Hungary, Greece, and four other countries have stepped up their push to ensure natural gas is classed as a sustainable investment under EU finance rules, showed a document

How Croatia is Moving Towards a Green Energy Future

Date: 30.03.2021 Author: Alenka Lena Klopčič
How Croatia is Moving Towards a Green Energy FuturePhoto: Roman Peklaj

Enhancing cross-sector integration and cooperation, actively promoting renewables and the electrification of transport (using greener electricity), increasing the energy efficiency of buildings, and

Romanian OEC Signs Power Sales Contracts Worth EUR 200m

Date: 29.03.2021 Author: Peter Palčec
Romanian OEC Signs Power Sales Contracts Worth EUR 200mPhoto: www.pixabay.com

The Romanian majority state-owned lignite-based electricity producer Oltenia Energy Complex (OEC) signed several big supply contracts on the wholesale market in the period from 23 to 26 March, through

Elektroprivreda BiH’s Mines Must Either be Reorganised or Face Bankruptcy

Date: 29.03.2021 Author: Peter Palčec
Elektroprivreda BiH’s Mines Must Either be Reorganised or Face BankruptcyPhoto: Pixabay

Elektroprivreda BiH, the largest power utility of Bosnia and Herzegovina (BiH), stated that the coal mines associated with Elektroprivreda BiH must either go through a reorganisation process or face

ReneSola Sells 15.4 MW of Solar Parks in Romania to Alternus

Date: 25.03.2021 Author: Tanja Srnovršnik
ReneSola Sells 15.4 MW of Solar Parks in Romania to AlternusPhoto: Ana V. Vršnak

The US-based solar project developer ReneSola said on Thursday that it has sold two ground-mounted solar parks in Romania totalling 15.4 MW to Alternus Energy Group, a pan-European independent power

Nikola Rovčanin Named New Executive Director of Montenegrin EPCG

Date: 25.03.2021 Author: Peter Palčec
Nikola Rovčanin Named New Executive Director of Montenegrin EPCGPhoto: Roman Peklaj

The board of directors of the Montenegrin power company Elektroprivreda Crne Gore (EPCG) has appointed Nikola Rovčanin to the position of executive director, according to EPCG’s website.

Slovenia’s HSE and Petrol See “Huge” Interest in RES Financing from Banks and Private

Date: 24.03.2021 Author: Tanja Srnovršnik
Slovenia’s HSE and Petrol See “Huge” Interest in RES Financing from Banks and Private CapitalPhoto: Roman Peklaj

The only real revolution in energy has happened in terms of the financing of production sources – this was once the state’s domain, whereas now, private capital is taking over as the leading

Romanian OMV Petrom Expects a 32% Profit Increase in 2021

Date: 23.03.2021 Author: Peter Palčec
Romanian OMV Petrom Expects a 32% Profit Increase in 2021Photo: Victor Habbick via FreeDigitalPhotos

The Romanian oil and gas company OMV Petrom expects to generate a profit of RON 1.824 billion (EUR 370 million) this year, which is 32% more than in 2020, reports the Romania Insider.



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