EU conditions EUR 251 million state aid to coal, power utility CE Oltenia

The European Commission has approved Romania’s plans to grant a EUR 251 million loan to second-biggest power producer Complexul Energetic Oltenia (CE Oltenia) but with strict conditions. The Romanian government has defined a plan to help Complexul Energetic Oltenia (CE Oltenia), coal-based utility trapped in a financial squeeze for years. A public loan warrants approval […]

Electricity February 26, 2020

Investment Group Balkan eyes solar park in Sokolac municipality in BiH

Investment Group Balkan has expressed its interest in building a solar power plant on 100 hectares in Sokolac municipality in Bosnia and Herzegovina. Representatives of the company, whose founders are from Russia, China and Lithuania, accompanied by Gordan Milinić, director of the Foreign Investment Promotion Agency of BiH (FIPA), discussed the investment with Milovan Bjelica, […]

Regional Security Coordinator for SEE to step up European integration in synchronous zone

The establishment of the Regional Security Coordinator (RSC) for Southeast Europe (SEE) is an important step towards European integration in a synchronous zone, by integrating two capacity calculation regions: Greece-Italy and Southeast Europe, said Manos Manousakis, CEO and Chairman of the Independent Power Transmission Operator – IPTO or Admie. In an interview with Balkan Green […]

Interviews February 26, 2020

Sparkasse Bank Makedonija secures EUR 2 million under GEFF for green buildings

Sparkasse Bank Makedonija has secured a EUR 2 million loan from the European Bank for Reconstruction and Development (EBRD) under the Green Economy Financing Facility (GEFF) program to support investments in high-performance green technologies in privately owned buildings in North Macedonia. The agreement on loan was signed by Gligor Bišev, Chairman of the Management Board […]