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 […]

News May 16, 2016

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 […]

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. […]

News May 13, 2016