Liria gets licences for power from 2.3 MW hydro project
With the publication of the official journal, company Liria Energji sh.p.k. was granted licences to produce electricity at hydropower plant Shpella Poshtë 2 with the capacity of 2.3 MW for 30 years. According to documents adopted by Albanian Energy Regulatory Authority (ERE), the enterprise is now also eligible to market and supply electrical energy for […]
Chronic delays in four green power projects
Out of six major energy endeavours stuck in development in Macedonia, three are in the area of hydropower and one is for a gigantic photovoltaic facility at Bitola, according to an analysis published by Build.mk portal. The solar power plant project in the south of the country was started in 2010 with work on a […]
Turkey to return incentives for power plants on coal
The government of Turkey is set to reintroduce incentives and environmental exemptions for coal-fired power plants, Hürriyet Daily News reported. The measures were cancelled by the Constitutional Court over ecological concerns. The draft law will pave the way for all privatized coal-fired power plants to be exempted from environmental regulations until 2020, the portal reported. These power plants […]
Electrica lifts profit by 12% year on year in first quarter
Romanian power supplier and distributor Electrica Group posted net consolidated profits of RON 142 million (EUR 31.5 million) in the three months through March, up by 12% from the same period of the previous year. According to the company’s press release, EBITDA was also increased by 12%, to EUR 57.3 million. Operating profit in the first quarter […]
Seventh Zagreb Energy Week
Seventh in a row, Zagreb Energy Week took place from May 9 to May 14 under the slogan „Development we don’t want to stop, but pollution we can!“ Various local and regional stakeholders took part in this event and highlighted once more the importance of energy efficiency and sustainable development. This year’s Zagreb Energy Week […]
Network of Energy Efficient Capital Cities in SEE meets at 7th Zagreb Energy Week
As members of the Network of Energy Efficient Capital Cities in South-East Europe (NEEC SEE), representatives of the cities of Zagreb, Sarajevo, Skopje, Podgorica, Tirana and Freiburg as a model city, gathered at the 7th Energy Week Zagreb. The event was held in form of a working partner meeting and addressed, among other topics, the […]
IFC supports green bond to mobilize private funds
International Finance Corporation, member of the World Bank Group, said it invested USD 50 million (EUR 44.7 million) in a green or sustainable bond issue of the Industrial Development Bank of Turkey (TSKB). This is the first such security issued from Turkey in international debt capital markets. The issue size of the bond is EUR […]
MEPSO working on last stage of Skoplje–Tetovo powerline
State-owned company Electricity Transmission System Operator of Macedonia (MEPSO) has started works on the last stage of 110 kV powerline linking Skopje and Tetovo, news agency MIA reported. The whole project is worth EUR 3.5 million, the company said in a statement. The new powerline will replace the old one, in use for 60 years. […]
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