Bucharest applies for EUR 283 million in EU funds to buy electric buses, other vehicles
The Bucharest City Hall announced that it submitted financing requests for EUR 283 million worth of EU funds to procure electric buses and other vehicles for public transport. The city is seeking to buy 100 trams and 100 electric buses, among other vehicles, Romania Insider reported. The biggest project targets the acquisition of 100 trams, […]
Bulgaria’s NEK reports net loss in H1, to cancel some projects
Power utility Natsionalna Elektricheska Kompania (NEK) reported a BGN 74 million (EUR 37.8 million) net loss for the first six months of the year, according to the interim financial report published on the website of the Ministry of Finance, the Bulgarian media reported. The company said that due to poor financial results some investments will […]
Banja Luka in talks with EBRD on loan of up to EUR 10 million for water supply projects
Banja Luka Mayor Igor Radojičić and the European Bank for Reconstruction and Development’s (EBRD) representative Josip Polić signed a letter of intent on August 1 concerning a loan of up to EUR 10 million for construction works on the primary and secondary water supply network, the city said in a news release. Negotiations with the […]
Nord Pool, EPEX SPOT interested in strategic partnership with Montenegrin power exchange
Nord Pool and EPEX SPOT are interested in getting stakes in the Montenegrin Power Exchange (MEPX), which is starting preparations for a tendering procedure to select a strategic partner, with plans to launch operations in the third quarter of 2019, the Montenegrin government has said on its website. A document on regional energy market integration […]
Albania invites bids to build 50 MW PV power station with support measures, plus up to 50 MW without
Albania’s Ministry of Infrastructure and Energy has launched a bidding procedure for the construction of a solar photovoltaic (PV) plant for the generation of electricity with an installed capacity of 50 MW, to be backed by support measures approved by the government on June 12, 2018, plus an additional capacity of between 20 MW and […]
Litostroj, ABB to modernize HPP Piva
Power utility Elektroprivreda Crne Gore (EPCG) and a consortium of Slovenia’s Litostroj and Italy’s ABB JV have signed a contract on a EUR 10.3 million reconstruction and modernization of the Piva hydropower plant (HPP), the Montenegrin company said. The contract, which will be financed by German development bank KfW with EUR 8.5 million and from […]
ERS posts EUR 28.6 million profit in H1, presses ahead with HPP, small HPP, wind park projects
Elektroprivreda Republike Srpske (ERS) reported a EUR 28.6 million profit in the first half of 2018, acting General Manager Radmila Čičković has told Srna, local media reported. All production and distribution units of ERS, the power utility of Bosnian Serb entity Republika Srpska, except the Gacko coal mining and thermal power plant complex, operated in […]
Strawberry energy launches crowdfunding campaign
Serbian startup Strawberry energy has launched a crowdfunding campaign on Crowdcube with the aim of expanding the network of its smart benches. Strawberry energy, whose smart benches use exclusively solar energy, is already present with its next-generation urban furniture in London and 29 other cities. The smart solar benches developed by Strawberry energy, whose commercial […]
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