OMV Petrom selling wind farm in Dobruja?
OMV Petrom SA plans to sell the 45 MW wind power plant it holds in Dobruja, as part of a larger plan to optimize business following the global drops in oil price, Mediafax reported. The report, published by Business Review magazine, adds the facility was built in 2011 from an investment of EUR 90 million. […]
Energy efficiency enables sustainable development
Compared to the countries in the region, Serbia is ranked the second regarding the consumption of electricity per capita, and the first regarding the emission of carbon dioxide, according to Arne Gooss, director of KfW bank in Serbia. Speaking at an international conference on energy efficiency in public and private sector on October 15, he […]
Renewables bring deficit of EUR 17.37 million in Greece
The latest report showed the gap at the special account for renewable energy sources at Lagie, the Greek electricity market operator, increased by EUR 11 million in August to EUR 77.21 million, Energy Press said. The state’s special account had begun the year with a deficit of EUR 101.88 million and is forecast to end […]
Government and A2A agree to prolong partnership
Minister of Economy Vladimir Kavarić said the Government of Montenegro and Italian-based company A2A have reached an agreement on the basic elements of future cooperation and the extension of cooperation for five years once the shareholders’ agreement in the Electric Power Industry of Montenegro (EPCG) gets signed towards the end of the year. Meanwhile, the […]
Exemptions for green certificates for 19 companies
The Ministry of Economy, Commerce and Tourism has granted 19 energy intensive companies agreements for exemption from a part of the number of green certificates in the mandatory quota, Business Review magazine reported. Some get exemptions between 40% and 85% in order to keep their competitiveness. Earlier, renewable energy association Patres said the green certificate […]
Electric surge protector makers sold to Greek group
Iskra Zaščite and Varsi, Slovenian companies producing electric surge protector components, were taken over by German-Greek group Raycap, which makes protector systems, business daily Finance said. Details were not revealed, according to an article published by Slovenia Times. The owner believes that many synergies can be created; together the companies have a lot of intellectual […]
Eleven offers for Belgrade landfill PPP
Offers for the selection of an operator for the Vinča landfill as part of a public-private partnership (PPP) have been opened in the City Council building of Belgrade, and mayor Siniša Mali said there were eleven bidders. „I am very satisfied with the response by investors, confirming that this is currently the biggest project of […]
Capital addition for Brodarevo HPP with talks on sale
Reservoir Capital Corp. said it intends to undertake a private placement to raise CAD 1 million (EUR 680,000) through the issue of two million units at EUR 0.34 each. The Canadian renewable energy company is engaged in the development of a 59.1 MW hydroelectric project at Brodarevo on the River Lim in southern Serbia. On […]
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