CROPEX initiates member admission, postpones launch

At the meeting of the Board of Commissioners of Croatian Energy Regulatory Agency (HERA), Cropex was designated as a nominated electricity market operator (NEMO) for a period of four years. In accordance with European Commission’s regulation on capacity allocation and congestion management (CACM), each member state electrically connected to a bidding zone in another member […]

News December 14, 2015

Wood pellet factory opened in Vučje

The employer created eleven jobs to service a new factory near Nikšić in three shifts, Mina-Business reported. The wood pellet production facility on the Vučje plateau is the third of its kind in Montenegro. Production capacity is 600 kilograms per hour. Private company Vučje Energy, owned by Ranko Jovović, was inaugurated by Petar Ivanović, minister […]

News December 14, 2015

Energy management project launched in municipalities

Energy managers, who are to be introduced, could help save about EUR 100,000 a year in municipalities and cities, said Miloš Banjac, assistant energy minister responsible for energy efficiency and renewable energy sources, Tanjug agency said. With additional training, 49% of the municipalities could have current employees as energy managers, 31% already does have them, […]

News December 13, 2015

Kouyialis: Climate deal means much more work

Electricity production and renewable energy are areas that need much improvement, but there are also other issues now that a global agreement on climate changed has been reached in Paris, Agriculture and Environment Minister Nicos Kouyialis said to Cyprus News Agency. “This agreement is just the beginning. From now on we must all work collectively […]

News December 13, 2015

Green energy investments take time to reap returns

Returns from funds directed into energy from renewable sources will be realized within nine to 10 years, according to Turkish energy investment company Özgül Holding’s chairman Faruk Özgül. Anadolu Agency’s Energy Terminal said he added such investments which are feasible and realistic will have a life of at least 50 years. “Investments in renewable energy […]

News December 12, 2015

Valmont establishes venture to build a factory

December 12 Energotehnika Južna Bačka a. d., headquartered in Novi Sad, signed a contract with Valmont Industries Inc. from the United States, setting conditions to build a factory in Zrenjanin, in northeastern Serbia. The initial deal is worth EUR 5 million and the production facility, planned for a launch within two years, will hire 70 […]

News December 12, 2015

Silicon factory eyes 120 MW capacity per year

Italy’s MegaGroup said its plant for silicon ingots and wafers, set to open in Bosanska Dubica by the end of 2016, will have a nameplate capacity of 120 MW per year during the first phase of the project, SeeNews reported. The first phase of the construction is worth EUR 12.5 million, while the company’s entire […]

News December 11, 2015

Memorandum includes cooperation in green energy

Macedonia and Albania are small countries and have need of mutual energy connection that is of interest to both sides, ministers Bekim Neziri and Damian Gjiknuri said in Struga. They signed a memorandum of understanding on cooperation in the fields of of energy efficiency, small hydropower plants, wind power, oil and oil products, Macedonian Ministry […]

News December 11, 2015