Green energy development parallel to EU accession process

Italy is interested in projects for energy cooperation, including using renewable sources, in the Western Balkans, the country’s foreign minister Paolo Gentiloni said at the end of a meeting between Balkan ministers and some EU ones in Brdo Castle near Kranj. Italy remained firmly committed to region’s nations becoming EU member states, the minister said. […]

News April 22, 2015

Lastva substation’s preparatory works commenced, CGES says

A project worth EUR 23 million for the substation in Lastva Grbaljska has started, CGES (Montenegrin Electrical Transmission System) told Vijesti daily paper. The transmission system is part of the undersea cable connection between Italy and Montenegro. The substation, financed by majority state-owned CGES, is expected to be connected to the grid before the end […]

News April 22, 2015

EBRD prepares loan for EPS restructuring for autumn

The European Bank for Reconstruction and Development plans to grant a EUR 200 million loan in autumn to the Electric Power Industry of Serbia (EPS) for financial restructuring, the bank’s country director for Serbia Matteo Patrone told Tanjug agency. The goal is to finally sign a loan contract for EPS restructuring before the year’s end, […]

News April 21, 2015

Energy efficiency overhaul in kindergardens in Plovdiv

The Municipality of Plovdiv intends to use the proceeds of the grant funds provided by the Kozloduy International Decommissioning Support Fund (KIDSF), administered by the European Bank for Reconstruction and Development and its own financing, to implement energy efficiency measures (supply and installation of equipment and materials) in four kindergartens, within the Project for Energy […]

News April 20, 2015

Hidroelectrica targets EUR 300 million profit for 2015

Gross profit of RON 405 million (EUR 91.8 million) was recorded by Hidroelectrica, Romania’s largest electricity producer, in Q1, more than twice the sum from the company’s best year – 2014, when it reported RON 178 million in the first three months, Business-review.eu portal said. The results were due mainly to the high generation, where […]

News April 20, 2015

Elektroprivreda HZ HB earned EUR 20.43 million in Q1

The seven hydropower plants operated by Elektroprivreda HZ HB, one of three national electricity utilities, generated 758.07 GWh in the first three months of this year, 16.45% more than planned, the company said on its website. This public enterprise said it earned BAM 39.96 million (EUR 20.43 million), citing relatively favorable hydrological situation and high […]

News April 20, 2015

Biomass in agricultural production conference announced

The Guarantee Fund of Autonomous Province of Vojvodina and the Provincial Secretariat for Energy and Mineral resources announced the international conference ’Promoting Renewable Energy Sources: Biomass in Agricultural Production’ would take place on May 12 in Novi Sad. Farmers, representatives of relevant institutions and organizations and the general public are not sufficiently informed and aware […]

News April 20, 2015

Electricity to be produced from olive waste

Turkey’s oil producer and marketer Marmarabirlik is set to produce 2 million kWh of electricity from 4,000 tons of olive waste every year, Daily Sabah reported. Hidamet Asa, the company chairman, says that the two-year project, funded by the Scientific and Technological Research Council of Turkey (Tübitak), is completed. According to him, treatment and energy […]

Waste April 19, 2015