The European Bank for Reconstruction and Development (EBRD) has supported the Ministry of Mining and Energy in designing and implementing Serbia's second renewables auction.
Serbia's government has signed a €100 million loan agreement with the European Investment Bank (EIB) to refurbish the Bistrica and Potpec hydropower plants in the country's west.
EBRD and the EU are stepping up their support for Serbia's green transition with a new investment to help boost renewable sources.
Belgrade abounds in underground thermal springs. A study conducted by the Faculty of Mining and Geology has shown that 6 out of the 18 district heating plants in Belgrade have the potential for utilizing geothermal energy.
Serbian conglomerate MK Group and Slovenian investment fund Alfi Green Energy are investing €155 million in the Krivaca wind farm, in eastern Serbia.
Romania is increasingly positioning itself as a promising destination for green investments, with several sectors showing strong potential.
L'Oréal has announced that, as of December 2024, all its European operations—including factories, offices, and distribution centers—are now powered entirely by renewable energy.
Europe's energy landscape stands at a transformative crossroads, as hybrid solar technology emerges as a powerful solution, capable of significantly enhancing the efficiency, reliability, and affordability of renewable energy systems.
Ocean Winds, a joint venture equally owned by EDP Renováveis and Engie, has selected Polish firm Crist Offshore to deliver the offshore substation for its 500 MW BC-Wind project.
R.Power Group, one of Europe's leading renewable energy companies, has secured a €12.4 million project finance agreement with Bank Gospodarstwa Krajowego (the Polish National Development Bank).
