Renewable energy cooperatives herald region’s true energy transition
Author: Melani Furlan, head of regional activities, Green Energy Cooperative, Croatia In May 2018, Green Energy Cooperative or ZEZ (Zelena energetska zadruga) launched the first crowdinvesting initiative for renewables in Croatia, with support of the City of Križevci. In just 10 days the local renewable energy project (RES) project was successfully funded by citizen-investors. At […]
Belgrade landfill operator to apply to get biogas plant into feed-in tariff system
Once it gets the construction permit under the EUR 330 million public-private partnership (PPP) project to remediate the Vinča landfill, Suez Vinča Operator will apply to sell the output of a 3 MW biogas plant under the feed-in tariff system, according to Marko Milačić, managing director of the firm, 100% owned by France’s Suez Groupe. […]
Hidroelectrica posts record six-month profit of EUR 207 million in H1
Romania’s state-owned power utility Hidroelectrica has reported a record six-month gross profit of RON 962 million (around EUR 207 million) in the first half of 2018, Business Review reported. The result, which was up 34% compared to H1 2017, was mainly attributable to cost control. In H1 2018, Hidroelectrica had turnover of RON 1.99 billion (EUR […]
Company established for HPP Buk Bijela’s construction
Public power utility Elektroprivreda Republike Srpske (ERS) and its subsidiary Hidroelektrane na Drini have established a Foča-based joint venture, Hidroelektrana Buk Bijela, for the production and sale of electricity, news agency Srna reported. The agreement on the establishment of the joint venture was signed by ERS acting director Radmila Čičković and Nedeljko Perišić, director of […]
Europe’s 1st automotive renewables PPA bolsters corporate drive to fight climate change
Even as climate change deniers hold some of the world’s top political offices and corporate posts, responsible business is taking tangible steps to fight climate change. Mercedes-Benz recently announced Europe’s first automotive Power Purchase Agreement (PPA) with a 45 MW Polish wind farm to power its manufacturing facility in the nearby town of Jawor, with […]
Biomyc develops biodegradable packaging solution to substitute polystyrene, protect oceans from pollution
The Expanded Polystyrene Foam (EPS), a type of plastic, is widely used in the packaging industry. This non-biodegradable material has short usage cycles and a very low recycling rate, which makes it one of the most pervasive pollutants on Earth, especially in oceans. Bulgarian startup Biomyc, a finalist of this year’s clim@ competition for startups […]
World Cleanup Day to be organized in 194 municipalities in Serbia
Millions of volunteers around the world will unite on September 15 to clean up roads, parks, beaches, forests, and riversides, with the aim of not only moving towards better waste handling, but also raising awareness both locally and globally about the severity of the situation. World Cleanup Day is a civic action empowered by technology […]
Power utility EPBiH swings to EUR 15 million net profit in H1
Power utility Elektroprivreda BiH (EPBiH) reported a net profit of around BAM 28 million (some EUR 15 million) in the first half of 2018, after posting a loss of nearly BAM 23 million (about EUR 12.4 million) in H1 2017. The financial data is partly due to poor hydrological conditions and bad weather last year […]
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