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Renewable Energy in Southeast Europe | 2023 edition

Renewable energy in the five EU member states in Southeast Europe – Bulgaria, Croatia, Greece, Romania and Slovenia – has been the fastest developing segment of the energy industry over the last few years and is poised to reach new heights.

This is the main conclusion in the 2023 edition of Renewable Energy in Southeast Europe – a regional report by SeeNext. It includes an in-depth financial analysis covering the performance of 2,567 companies in the period 2019-2021, a comprehensive overview of changes in the regulatory framework in all five countries, and information on key investments and M&A deals.

Some of the highlights:

  • The sector’s operating revenue in 2021 was up 30% year-on-year to EUR 12.9 bln

  • Italy is the most important source of foreign investment in renewables in the region

  • At the end of 2021, over 33,400 people were working in the sector 

Capacity Capital Funding Corporate Strategy Government Policy/Regulation Market share
Bulgaria Croatia Greece Romania Slovenia
Biomass/Biogas Electricity generation Energy storage Energy/Utilities Grid modernisation Hydrogen Onshore wind Power & gas distribution Renewable Energy Solar Turbines/Power equipment

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