Renewable energy has the potential to meet over a third of the energy demand in Southeast Europe by 2030. However, this potential can only be unlocked if the region addresses its infrastructural challenges. That is why we are proud to partner with the true industry pioneer, Elnos Group, who is supporting the ESG Adria Summit as a bronze sponsor. Elnos Group's strategy is dedicated to supporting the Adria region in its transition to renewable energy. From hydro and solar power plants as well as wind farms to implementing systems for desulphurization of flue gases, the company is leading the region towards a sustainable future, one project at a time.

"The most important achievements of the Elnos Group in the Adria region's renewable energy projects include the dedicated support for the region's transition to renewable energy, with a focus on hydro, solar, and wind power plants. The expansion of projects aimed at bringing clean and abundant sources of renewable energy has reached remarkable levels, contributing to the establishment of new standards in the green transition. Our active participation in creating hundreds of new green megawatts signifies a significant step towards an era of energy wisdom", said Marko Mijić, Elnos Group Board Member for Technical Affairs.

Elnos Group has implemented numerous projects in Southeastern Europe, including Adria region countries, demonstrating its commitment to meeting the demands of a sustainable energy future.

"Our active participation in creating hundreds of new green megawatts signifies a significant step towards an era of energy wisdom. Among others we are more than proud of projects like: wind farms Krivača (103 MW) and Čibuk 1 (158 MW) and modernization of hydro power plant Zvornik (125 MW) in Serbia, hydro power plant Dabar (159,15 MW) and solar power plant Bileća (60 MWp) in BiH, wind farms Perun (30 MW) and Bogoslovec (36 MW) in North Macedonia, modernization of hydro power plant Perućica (372.5 MW) in Montenegro, solar power plant Vidukin Gaj (25 MWp) in Croatia and so many others", explained Mijić.

Elnos Group prioritises a comprehensive ESG approach in its renewable energy projects to address social and governance aspects. The company actively ensures that labour rights are respected and upheld throughout project lifecycles, fostering fair and ethical practices within its operations. Moreover, Elnos Group places great emphasis on local community engagement, seeking to create meaningful and sustainable relationships by involving and consulting with local stakeholders. By integrating these aspects into its projects, Elnos Group aims to not only deliver clean energy solutions but also contribute positively to the social fabric and governance structures within the regions it operates, aligning with the principles of responsible and impactful corporate citizenship.

In the Adria region, the renewable energy transition presents significant opportunities for enhancing energy security, competitiveness, and environmental sustainability. However, challenges such as inadequate policy frameworks, regulatory barriers, and the need for substantial investment are prevalent. 

"Elnos Group is committed to leveraging its expertise in renewable energy to address these challenges through strategic collaborations, innovative technologies, and sustainable project development. By fostering meaningful partnerships with local stakeholders, advocating for supportive policies, and implementing best practices in RES and infrastructure, as evident in the numerous ongoing and completed projects. Elnos Group endeavours to drive positive change and contribute to the region's transition towards a cleaner, more resilient energy landscape", said Mijić.

In the realm of renewable energy, there are several emerging global trends that Adria countries should be aware of. 

“The rapid expansion of renewable capacity worldwide, particularly in solar and wind energy, presents an opportunity for Adria countries to align their energy strategies with this growing trend. Moreover, there is a growing emphasis on digitalization and network balancing. Keeping up with these global trends, Adria countries can position themselves to harness the potential of renewable energy advancements and integrate them into their long-term energy plans”, said Mijić.

"As the region navigates the complexities of the renewable energy transition, Elnos Group stands out as a positive example, driving positive change and leaving a lasting impact on generations to come. With each project, the company brings us closer to a future powered by clean, abundant, and renewable energy sources, laying the foundation for a brighter tomorrow”, said Biljana Braithwaite, CEO of Sustineri Partners, organiser of the ESG Adria Summit. 

To learn more about the Elnos Group, visit their official website.