Applications for wind farms of 42.9 MW and 48 MW
Energy Ministry of the Federation of Bosnia and Herzegovina, one of the country’s two autonomous entities, issued a report on recent applications for energy permits – ten solar power facilities between 10 kW and 987 kW of capacity, and two wind parks, with 42.9 MW and 48 MW. The application for the first one, by […]
Tissue maker awaits funds from EBRD
European Bank for Reconstruction and Development said it is considering the provision of a long-term loan of up to EUR 4.5 million to Paloma DD for energy and resource efficiency investments as well as working capital needs. The investment will support a balance sheet restructuring, improve resource efficiency at the tissue producer and facilitate its […]
Transmission operator reports profit drop
In the first half of the year the net earnings of CGES (Montenegrin Electrical Transmission System) were EUR 2.19 million, 3.6 times smaller than in the first six months of 2014. In a filing to Montenegro Stock Exchange the company reported sales of EUR 15.4 million, marking a 23.3% drop year on year. Expenditure rose […]
Businesses blame renewables for power price hike
Bulgarian energy watchdog head Ivan Ivanov said he wouldn’t step down after nationwide protests and calls by employers’ unions for his resignation over a hike in power prices for industrial consumers. Ivanov insisted that the Commission for Energy and Water Regulation (KEVR) adopted a “transparent, fair and public decision” on July 31, cutting rates for […]
Ingeteam opens subsidiaries in Romania, Philippines
With the opening of two subsidiaries in Romania and the Philippines, Ingeteam has increased its global presence to 17 countries in all five continents. The company said it that in Romania it is focusing on wind power, more specifically power plant maintenance. With its establishment in this country, Ingeteam, headquartered in Spain, is to provide […]
Government must control HPPs’ impact on environment
Climate changes are affecting Albania, and higher temperatures are expected to cause drought, which will be followed by damages in the environment and economy, making it difficult to produce renewable energy, Top Channel said in a report. Environmental experts say permits for hydropower plants, 499 in total as noted by the Agency of Natural Resources, […]
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