More progress with paperwork for Brodarevo HPPs

Reservoir Capital Corp. reported positive development in construction permitting for its Brodarevo hydroelectric projects. The company said it has been engaged in the updating of documentation in recent months to comply with changes to Serbia’s planning and construction laws introduced earlier in the year. In recent weeks, Reservoir secured positive opinions regarding the issue of […]

News July 27, 2015

HSE joins Intercontinental Exchange to trade power

The HSE Group (Holding Slovenske elektrarne d.o.o.), the largest Slovenian organization in the area of power generation and the largest producer and trader with electricity on the wholesale market in Slovenia, became a member of Intercontinental Exchange (ICE), a network of markets and clearing houses founded in Atlanta in 2000, which runs 23 platforms throughout […]

News July 27, 2015

Equity and cash fund acquisition of solar parks

Transeastern Power Trust, a Toronto-based investor in renewable energy assets chiefly in Romania and Eastern Europe, said it closed the previously announced acquisition of two photovoltaic plants in Romania and a CAD 5 million (EUR 3.44 million) secured debt facility provided by Sprott Resource Lending Partnership. The aggregate purchase price (net of assumed debt) for […]

News July 27, 2015

Energy efficiency incentives give boost to economy

Sven Müller, head of the Environmental Protection and Energy Efficiency Fund of Croatia, visited hotel Maestral in Novigrad with ministers for environment and tourism Mihael Zmajlović and Darko Lorencin. The facility, located in Istria peninsula in the country’s west, is owned by company Laguna, which will introduce energy efficiency mesures and energy from renewable sources […]

News July 24, 2015

Svilosa paper mill investing in cogeneration

Planned power and heat generation in paper producer Svilosa AD will be able to burn biomass produced by the waste water treatment plant of the nearby town of Svishtov, on the Danube, Publics.bg reported. The Bulgarian company will invest EUR 30 million in cogeneration. The mill will also be boasting a new substation which should […]

NIS announced new venture for gas-fuelled CHP

A member of the Gazprom Energoholding group entered into an agreement with NIS, Serbia’s flagship oil and gas company, with a view to set up a venture under the name of Serbskaya Generaciya with the aim to build a gas fuelled combined heat and power plant (CHP) in the town of Pančevo, said Kirill Kravchenko, […]

News July 24, 2015

Končar – Renewable Sources renovates SHPP Zvečevo

A devastated resort in Croatia’s northeast is subject to talks about ownership, as Končar Electrical Industry Inc. is open to the possibility to let the Municipality of Brestovac and Požega-Slavonia County manage the facility. Meanwhile on the property, the company’s subsidiary Končar – Renewable Sources reconstructed a 30 year old small hydropower plant that had […]

News July 24, 2015

Private HPPs bring power generation boom, report shows

New small hydropower plants and the privatization of several medium-sized ones have increased private sector electricity production in Albania to almost a fifth of total production, a report by the Albanian Energy Regulator (ERE) for 2014 shows. It says the private electricity production market in Albania was worth ALL 8.1 billion (EUR 58.2 million). According […]

News July 24, 2015