Power monopoly boosts prices and revenue target

Branislava Milekić, chief executive officer of the Power Utility of the Republic of Srpska (Elektroprivreda Republike Srpske – Matično preduzeće AD Trebinje), said the electricity price increase for companies will be less than 12% and that the tariffs will depend on transmission line quality, daily Nezavisne novine’s portal reported. Regulation authority REERS (Regulatorna komisija za […]

News June 19, 2015

Greece has significant global role in solar energy

In the 2014 European solar market, Belgium, Bulgaria, Czech Republic and Greece were experiencing, to different degrees, the effects of retroactive government measures, already in place or ones that are expected. SolarPower Europe, formerly EPIA (European Photovoltaic Industry Association), published its yearly global market outlook covering the period through 2019 and including information that Greece […]

News June 19, 2015

Infringement procedure over micro hydro plants

The European Commission (EC) is initiating an infringement procedure against Romania over the micro hydropower plant projects underway on the Dejani-Lupșa and Vistișoara rivers on the northern slope of the Făgăraș mountains, WWF-Romania said, Act Media agency reported. In a release, the environmental advocacy and restoration organization states that it has been informed about this […]

News June 18, 2015

Private partner overhauls street lighting in Topola

Mercury-vapor street lamps cost local budget about RSD 1 million (EUR 8.300) per month until now, Dragan Jovanović, Topola’s municipal assembly chief, told Tanjug news agency. Intelligent public lighting project is underway, aiming to cut expenses by up to 60%. The system’s reconstruction should be done by mid-July, with 3,000 LED lights installed in the […]

News June 18, 2015

Industrial – green zones framework study presented

Introducing possibility for public–private partnership in establishing and operating industrial – green zones, defining “green criteria” and specific business activities for the zones, and subsidies and other types of incentives to the founders and investors are among the key recommendations given in the recently prepared Study for Improving the Legislation on Industrial – Green Zones. […]

News June 18, 2015

Germany inks EUR 40 million loan for energy sector

The Government of Albania reached a loan agreement with the German government for a project that aims to increase efficiency in the energy sector, Invest in Albania portal reported. The EUR 40 million loan will be allocated by a German bank, official sources say. Efficiency in the energy sector programme consists of improving the aspect […]

Fourteen companies exempt from green certificates

After the Government of Romania approved an aid scheme last year, to help large industries cope with the growing cost of energy from renewable sources, this year fourteen companies are exempt from paying for the full green certificate. They will pay 40% to 85% less than normally for green certificates, based on energy consumption, Economica.net […]

News June 18, 2015

Partnership set for developing solar power plants

Armand Group, a Romanian renewable energy operator, said it signed an agreement with Green Tech Ltd., a specialized British company, for the finance and development of solar photovoltaic projects below 500 kW capacity that will benefit from the new solar feed-in tariff expected to be applied this year in the country. With British finance and […]