OSHEE to invest EUR 294 million over five years
Albania’s power distribution network operator OSHEE plans to invest ALL 37.1 billion (around EUR 294.2 million) in the power supply facilities over the next five years. According to the Albanian media, OSHEE’s investment plan has been sent to the Albanian energy regulator, ERE. OSHEE’s representatives expect the investments to produce a financial effect of EUR […]
EPCG’s shareholder assembly backs EUR 55.3 million dividend payment
Power utility Elektroprivreda Crne Gore’s (EPCG) shareholder assembly has backed a EUR 55.3 million dividend payment. The dividend will be distributed out of retained earnings, in the gross amount per share of EUR 0.4214. At the 16th regular meeting held in Nikšić, shareholders also adopted financial and consolidated reports for 2017 and the company’s annual report, […]
Serbia, Republika Srpska to jointly build HPPs Foča, Paunci in EUR 200 million investment – minister
Serbia and Republika Srpska will jointly build the Foča and Paunci hydropower plants (HPP) on the upper Drina river in the Serb entity of Bosnia and Herzegovina (BiH), with a total installed capacity of about 95 MW, Serbian Mining and Energy Minister Aleksandar Antić said following a session of the Serbia-Republika Srpska energy committee, according […]
UPDATE: Consultancy sought to help award EUR 200 million HPP Dabar project
Hidroelektrana Dabar has launched an international tendering procedure to select a consultancy to provide it with legal, financial, and technical advisory services in the process of awarding a turnkey/engineering, procurement, and construction (EPC) contract for a 160 MW Dabar hydropower plant (HPP Dabar), according to acting general manager Željko Zubac. Hidroelektrana Dabar, part of hydropower […]
Construction launched on Jelovača wind farm, country’s second
Construction has begun on the Jelovača wind farm, which is expected to become Bosnia and Herzegovina’s (BiH) second operational wind farm, with trial run planned by the end of 2018, according to Indikator.ba. The 36 MW Jelovača wind farm with 18 turbines is being built in the municipality of Tomislavgrad, where the country’s first wind […]
IBC Solar commissions new PV plant, as lira crisis rattles solar market, but is also seen as opportunity
The Turkish subsidiary of German photovoltaic (PV) systems and energy storage company IBC Solar AG has commissioned a turnkey solar energy project with a total capacity of 1.161 MWp in Merkez near the Bulgarian border for Turkish textile company Edirne Giyim Sanayi, according to a press release from IBC Solar. The ground-mounted PV plant with […]
EUR 2 million in grants to be disbursed for PV systems in 35 municipalities
Public buildings such as kindergartens, schools, municipal buildings, and other facilities in 35 municipalities will get EUR 2 million in grants for the procurement of photovoltaic (PV) systems, the Macedonian Ministry of Finance said. The grant funds to enable municipalities to procure PV systems to generate electricity for public buildings’ consumption will be allocated under […]
Power utility EPS hiring 163 young professionals
Public power utility Elektroprivreda Srbije (EPS) has posted vacancy announcements for 163 university degree holders, of which 62 are reserved for first-time job seekers. The plan is to offer fixed-term contracts for a period of up to two years to 47 mechanical engineers, 43 electrical engineers, 20 mining engineers, 10 information technology experts, as well […]
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