Nevesinje municipality, Ekoteh sign contract for new EUR 1.2 million water treatment plant
Nevesinje Mayor Milenko Avdalović and Marko Škoberne, chairman of the management board of Slovenia-based Ekoteh, have signed an agreement on EUR 1.2 million worth of reconstruction works on the water treatment plant in Nevesinje. The reconstruction is part of a wider EUR 100 million program to improve drinking water and the sewerage network in Republika […]
Fintel Energija to launch IPO on August 1
Belgrade-based renewable energy company Fintel Energija, a subsidiary of Italy’s Fintel Energia, published the prospectus on July 25 for its initial public offering (IPO) on the Belgrade Stock Exchange (BELEX). Fintel Energija, which has a total of 25 million issued shares, will now offer 6.5 million shares at RSD 500 (about EUR 4.24) as part […]
Antitrust watchdog blocks CEZ deal with Inercom
Bulgaria’s antitrust regulator has blocked the sale of Czech energy group CEZ’s assets in Bulgaria to Inercom Bulgaria, local media reported, adding that India Power Corporation could be a possible new buyer. CEZ is seeking to sell its seven companies in Bulgaria which control one-third of the country’s power distribution. The Commission for the Protection […]
EUR 200 million HPP Dabar project draws 19 expressions of interest
Hidroelektrana Dabar, part of hydropower plant operator Hidroelektrane na Trebišnjici (HET), has received 19 expressions of interest (EOI) in a turnkey/engineering, procurement, and construction (EPC) contract for a 160 MW Dabar hydropower plant (HPP Dabar), said Željko Zubac, acting general manager of Hidroelektrana Dabar. The 19 expressions of interest in the HPP Dabar project came […]
HEP signs construction deal for Zagreb CCPP as it secures EUR 130 million in lending from EBRD, EIB
Power utility Hrvatska Elektroprivreda’s (HEP) project to build a new gas-fired combined-cycle gas-turbine plant to replace old and worn-out units at the EL-TO Zagreb combined heat and power (CHP) site will be backed with a total of EUR 130 million in lending from the European Bank for Reconstruction and Development (EBRD) and the European Investment […]
Užice announces EUR 2 million energy efficiency investment in schools for 2019
The City of Užice has announced a EUR 2 million energy efficiency investment in seven schools for 2019 as part of the energy efficiency program jointly implemented with the Swiss Cooperation Office. Užice Deputy Mayor Nemanja Nešić said that the energy efficiency program, financed by the Swiss State Secretariat for Economic Affairs (SECO), is designed […]
Nevesinje moves closer to 52 MW Grebak, 49.5 MW Trusina wind farm projects
The municipality of Nevesinje is closer to the realization of two wind farm projects – Trusina and Grebak – according to announcements on the municipality’s website. Zlatko Mandžuka, top man of Nevesinje-registered energy firm Eol Prvi, said that he expects the construction permit to be issued and a wind turbine purchase agreement signed with Denmark’s […]
Government proposes changes to law on biofuels, adopts energy efficiency report for 2017
The Croatian government has adopted a bill on changes to the law on biofuels, setting a 7% ceiling for the share of first-generation biofuels in the total direct annual energy consumption in transport by 2020, in line with the EU Directive 2015/1513. Under the bill, the indicative national target of the share of advanced biofuels […]
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