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NIS Launches Trial Operation of Gas Power Plants “Banatsko Miloševo” and “Srpska Crnja”
NIS company has put into trial operation two small power plants at the gas fields “Banatsko Miloševo” and “Srpska Crnja,” thereby enabling electricity generation using previously untapped gas resources. As stated by the company, the total investment value amounts to…
US firm only valid bidder for €2.6bn Serbian hydro unit
Serbia has preliminarily approved a bid from US construction company Bechtel to develop the country’s flagship Djerdap 3 pumped-storage hydropower project, according to energy ministry documents. The ministry rejected five other applicants for the project, determining that Bechtel — in…
Spain, France, and Italy Intensify Wildfire Battle
Extreme temperatures, prolonged drought, and strong winds have sparked a new wave of wildfires across Southern Europe. In recent weeks, Spain, France, and Italy have been the hardest hit, with firefighting services and civil protection units working around the clock…
ProCredit banks – sustainability starts from within
This year, ProCredit Bank in Serbia is marking 25 years of successful operations, during which it has built a reputation as a reliable and responsible financial partner, particularly for small and medium-sized enterprises and individuals. From the first green loans for individuals in 2007 to the latest…
The EU Can Add 25 GW of Renewable Energy Thanks to Existing Hydropower Plants
The further development of renewable energy in Europe largely depends on expanding the electricity grid, which has become a major bottleneck for connecting new projects in many countries. However, a new report by Ember shows that existing hydropower plants in…
Oil Companies Allowed to Use Euro Diesel Reserves Due to Import Disruptions
Serbia’s Ministry of Mining and Energy has allowed oil companies that submitted requests to temporarily use their operational reserves of Euro diesel in order to ensure a stable supply to the domestic market during a period of disrupted fuel imports.…
EV Charging Infrastructure in the EU Is Growing Faster Than Electric Vehicle Sales
The public charging network for electric vehicles across the European Union is expanding faster than the number of electric cars on the road, according to a new analysis by Transport & Environment (T&E). The findings show that all EU member…