Chinese firm seen for construction of large HPPs
Economy minister of Montenegro Vladimir Kavarić and vice chairman of Norinco International Corporation Ltd from China Wang Xinging signed a memorandum of understanding as the basis for cooperation in the field of energy, the ministry said. Both sides agreed on the interest in projects of large hydropower plants (HPPs) on the rivers of Morača and […]
Elicio appoints new manager for Serbia
Company Elicio, owner of Electrawinds S, which develops and plans the construction of Alibunar (42 MW) and Malibuna 8 MW) wind parks in Serbia’s north appointed Christophe Bols as a new manager for Serbia, according to company’s statement. Bols, being an expert with many years of experience in developing renewable energy projects in Romania and […]
Power link to Albania to be financed by EBRD
The European Bank for Reconstruction and Development published a project summary document in which it states it is considering to extend a senior corporate loan of up to EUR 40 million to MEPSO, Electricity Transmission System Operator of Macedonia, to fund the country’s part of the transmission line with Albania. The project entails the construction […]
EBRD awards nine sustainable energy projects
The European Bank for Reconstruction and Development (EBRD) promoted energy efficiency and renewable energy in Croatia’s capital Zagreb by recognising nine outstanding projects financed under the Western Balkans Sustainable Energy Finance Facility II (WeBSEFF II). The 2015 Sustainable Energy Excellence Awards ceremony hosted by the EBRD took place at the Esplanade hotel. Outstanding investments promoting […]
Costs of photovoltaic installations slowly decline
By the end of last year, annual contribution of photovoltaic power systems (PVPSs) to electricity demand has passed the 1% mark in at least 22 countries, where Italy was at the top with close to 8%, Greece reached 7.6% and Germany was above 6%, International Energy Agency said in its international publication ‘Trends in Photovoltaic […]
Two-day forum with experts on sustainable energy
EEL Events gathered players from the energy industry at the 8th Balkan Energy Finance Forum (BEFF 2015) to discuss the future of the sector in Southeastern Europe. Main topics were the bankability of projects of energy and green energy projects in relation to risks. Case studies were presented about endeavours in several branches, with views […]
Solar energy industry pleas for EU import duty ban
The European Commission received a request from 21 solar associations representing 19 European Union member states to abolish its minimum import price for solar modules and cells from China. The anti-dumping and anti-subsidy measure has been in place from the end of 2013, and installations have since halved, according to SolarPower Europe. The result for […]
EBRD invests in energy efficiency at Ege Profil PVC
A financing package will be used for the construction of a PVC profile manufacturing plant in Menemen, a district of Izmir province. The European Bank for Reconstruction and Development (EBRD) and the Clean Technology Fund made an agreement with Ege Profil Ticaret ve Sanayi AŞ, the second largest PVC profile maker in Turkey, to facilitate […]
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