Litostroj sold to Czech investors, beating Končar
Energo-Pro a. s. is taking over Slovenian turbine manufacturer Litostroj Power d. o. o. for EUR 23.5 million, ČIA News reported, quoting spokeswoman Hana Hikelová. Litostroj Power has posted net revenues exceeding EUR 32 million for last year. It signed contracts worth more than EUR 70 million, 58% being in Europe, 20% in America, 13% […]
EBRD sets EUR 500 million more for green energy
At a high-level conference in Istanbul, the European Bank for Reconstruction and Development revealed it will finance sustainable energy in Turkey with an additional EUR 500 million. Under the Mid-size Sustainable Energy Financing Facility (MidSEFF), now totalling EUR 1.5 billion, funds are provided to Turkish banks in the form of loans and capital market instruments for on-lending to private […]
IBEX gets first industrial consumer of power on board
Independent Bulgarian Energy Exchange (IBEX) said it admitted the first final industrial consumer of electricity among its members. The unnamed company is allowed to buy electricity for own consumption from the power exchange. The day-ahead market launched trading on January 19 and ten days later it became the 25th full member of Europex association. In […]
SEEPEX launches Serbian Day-Ahead market
The South East European Power Exchange said it started the Serbian Day-Ahead market, with 1,925 MWh being traded on the first day. Baseload, the average price of all hourly prices of the day, came out at EUR 23.83 per MWh. The settlement was slightly below neighboring power markets with market operators OTE, OKTE and HUPX […]
Forest biomass use included in Austrian-backed projects
Macedonia is launching projects in the forest sector with the support of Austria, aiming at sustainable management and environmental protection, Macedonian Information Agency said. Žarko Karadžovski, head of enterprise Makedonski šumi (Macedonian Forests), which is implementing the projects, said a strategy on the usage of forest biomass as a renewable energy source is incorporated in […]
Rental property energy certificates to be abolished
Lovro Kuščević, new minister of construction and physical planning, said on state television HRT he decided to annul the rule rental property needs an energy certificate, after consulting the Ministry of Tourism and many experts. Energy legislation, which came into effect on January 1, obligates those who rent or lease out accommodation in Croatia to […]
Locals oppose hydropower plant projects
No to hydropower plants on Nera river – villagers of Prigor in the Romanian county of Caraș-Severin remained determined after meeting investors on February 16, Moj kraj portal from the Serbian city of Pančevo reported. The locals were supported by environmentalist associations from Serbia and Romania as well as people from the academic community. The […]
Waste incineration powering 26,000 homes in Konya
A new facility in the Anatolian province of Konya generates electricity from municipal waste and is run by the municipal authority, Tahir Akyürek, the mayor of Konya city, told the press, Daily Sabah and Anadolu Agency reported. The power is produced by burning methane gas from the solid waste landfill, and 2,850 cubic meters of […]
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