Good winds result in higher income for Eltech Anemos
Eltech Anemos Group of companies said its consolidated first-half turnover amounted to EUR 19.2 million compared to Euro 16.9 million during the same period of 2014. The increase has been attributed to better wind performance. Consequently, earnings before interest, tax, depreciation and amortization (ebitda) amounted to EUR 14.5 million, compared to EUR 12 million from […]
Terna Energy triples first-half profit
Total turnover of EUR 85.4 million was reported for the first six months of this year by Terna Energy, compared to EUR 69.4 million in the corresponding period a year earlier. Renewable energy group GEK Terna’s subsidiary boosted its profit following minority interests by 361 percent to EUR 11.3 million. Revenues from power generation reached […]
Hydrology optimizes HEP’s liabilities in first half
In a statement to the Zagreb Stock Exchange, state-owned power utility HEP Group reported net gain of HRK 1.35 billion (EUR 178.5 million) for the first half of the year, 1.7% more than in the corresponding period of 2014. The company cited continued stagnation of economic activity and lower winter temperatures, where the latter […]
More wind power projects by Spanish investor
Acciona SA set a goal to launch two wind parks in Dalmatia in five years with an investment of EUR 90 million, said Aljoša Pleić, new head of Acciona energija d. o. o., the company’s Croatian subsidiary. In a statement to Lider magazine, he announced the construction may start next year and said Acciona, also […]
PPC posts profit increase for first half of 2015
Along with a new pricing policy for businesses and a total of EUR 80 million in incentives for loyal domestic customers, state-owned Public Power Corporation (PPC) reported a rise in turnover and net income for the first six months of this year, Ekathimerini newspaper’s portal reported. Those who pay their household bills on time will […]
Landfill, cogeneration PPP opens qualifications stage
The city of Belgrade published an invitation for qualifications recognition in a public–private partnership (PPP) for services of treatment and disposal of residual municipal solid waste. Applications must be submitted by October 15 to the Secretariat for Environmental Protection, the contracting authority. The decision on the recognition of the qualifications shall be made within 25 days. The […]
Call for concessions for three small hydro facilities
Government of Zenica–Doboj Canton, located in central Bosnia and Herzegovina, started the procedure of selecting concessionaires for small hydropower plants (SHPPs) on its territory for 30 years. Selected investors will be obliged to hire local companies for works worth at least 50% of respective projects. The cost of tender documents for both calls is EUR […]
Vienna summit highlights energy projects, networking
Four regional power grid projects and three key measures for cooperation have been adopted at the Western Balkans Summit in Vienna on August 27, said Janez Kopač, Energy Community Secretariat’s director. He told Serbian portal Euractiv.rs that the European Union pledged EUR 200 million for this year for projects in energy and transport infrastructure. The […]
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