Clean-up process underway for idle permits
Procedures are underway for clearing a backlog of renewable energy source permits issued for projects that now stand no chance of being actualized, Energy Press portal said. Idle applications are being eliminated through a process based on legislation that demands banking guarantees worth the equivalent of respective projects from applicants. At the same time, Hedno […]
RWE launches power distribution to homes
German power utility RWE is entering the Slovenian market, starting with the sale of electricity to households. In taking this step, the company is continuing its policy of tapping new supply markets in Eastern Europe, it noted in a press release. The plan is to gain 10% of the market by 2020, head of the […]
District heating operators’ debt rises threefold
Repairs started on June 1 in district heating plants in Serbia and most of the companies operating the facilities are heavily indebted, daily Večernje novosti reported. In just two months, total liabilities soared from RSD 8 billion (EUR 66.3 million) to EUR 190.6 million, mostly because of loan instalments due for payment after a year […]
World Bank interested in energy projects?
Minister of economic development Blerand Stavileci visited Washington, conducting separate meetings with heads of the World Bank and senior officials of the State Department, with a focus on economic development, namely energy sector projects, the ministry said. As part of this visit, Stavileci met senior officer of the World Bank, including Kyle Peters – deputy […]
Elektroprenos has EUR 153.3 million for investments
State-run power transmission system operator Transco (Elektroprenos-Elektroprijenos Bosne i Hercegovine a.d. Banja Luka) has BAM 300 million (EUR 153.3 million) available for investments in the energy system in 2015, SeeNews quoted local media. The utility has already concluded contracts worth a total of EUR 28.1 million and currently has ongoing tenders in the amount of EUR 61.31 […]
JinkoSolar of China to supply panels to Else Enerji
Photovoltaic modules of 20 MW are to be delivered to Else Enerji by October, JinkoSolar Holding Co., Ltd. said. Else Enerji provides consultancy, planning, engineering, construction, operation and maintenance services for projects in Turkey. The customer majors on solar projects in Turkey and is still growing rapidly, the press release on JinkoSolar’s website said. „This […]
Financial construction inked for solar units takeover
Canadian investment vehicle Transeastern Power Trust issued a statement reporting it agreed to take over two solar parks in Romania from RG Renovatio Group Limited. The price is about USD 9.6 million (EUR 8.45 million), based on prevailing exchange rates and not accounting for debt, the buyer said. A portion is payable by the issuance […]
Srbac in talks to build a heat and power unit
After a return visit of a Luxembourg investment fund’s representatives to the Municipality of Srbac, located at the northern border with Croatia, financial support was announced from the Grand Duchy to start two enterprises, one of which would produce electricity and heat, and the other one vegetables in greenhouses, Radio Srbac said. When municipality chief […]
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