CROPEX sells 263,889 guarantees of origin in first auction

Croatian power exchange CROPEX has held its first auction of guarantees of origin (GO) through the IT auction trading platform, selling 263,889 GOs, CROPEX said in a press release. “The first guarantees of origin auction for electricity from incentivized producers (Q1/2019) was successfully held by CROPEX, selling a total of 263,889 GOs at a price […]

Renewables August 30, 2019

Resalta enters Polish market through joint venture with Luneos

Slovenia-headquartered energy service company Resalta has announced the launch of its new joint venture with the Polish energy transition service provider Luneos. Through the new venture, the company also begins operations in Poland, according to a press release from Resalta. “The joint venture will combine the two companies’ strengths, with the aim of implementing an […]

HOPS, Siemens sign EUR 5 million contract under Sincro.Grid project

Croatian transmission system operator (TSO) HOPS and technology company Siemens have signed a contract on deploying a variable shunt reactor at transformer station TS 400/220/110 kV Melina, as part of the implementation of the EU-backed smart grid project Sincro.Grid, according to a press release on HOPS’ website. The value of the contract to deploy the […]

Končar KET to refurbish HPP Vacha in Bulgaria

A consortium comprising Croatia’s Končar KET and Czech ČKD Blansko Holding has signed a contract to refurbish the 14 MW hydropower plant (HPP) Vacha-1, the accompanying 110 kV switchyard, and other auxiliary systems at the HPP, in cooperation with the Bulgarian state power utility Natsionalna Elektricheska Kompania (NEK EAD), Končar KET has said in a […]

Hidroelectrica to launch IPO in September 2020

Romania’s state-owned power utility, Hidroelectrica, will launch an initial public offering (IPO) on the Bucharest Stock Exchange in September 2020, local media reported. According to Hidroelectrica CEO Bogdan Badea, the most profitable state-owned company in Romania plans to list 10% of its shares in IPO. There is an option for dual listing, possibly in London […]