North Macedonia to launch auction for solar power plants in Q1 2021
The country will offer the construction of solar power plants with installed capacity totaling 60 MW, which will be backed with premiums.
Croatia grants renewables incentives for 25.5 MW in first ever auction
The public call for premiums and for feed-in tariffs referred to a total of 88 MW of installed renewable energy capacity.
New initiative to support sustainable hydropower in the Western Balkans
The initiative is led by the International Hydropower Association (IHA), the Albanian power utility KESH, and the Swiss SECO.
Petrol completes takeover of electricity supplier E3
Slovenian energy group Petrol has completed the takeover of electricity supplier E3, a subsidiary of state-run power distribution company Elektro Primorska, nearly a year after signing an acquisition agreement. Petrol signed the deal to buy 100% of E3 for about EUR 15 million in February 2020, after outbidding Slovenian energy group GEN-I and state-owned electricity […]
Serbia’s TSO EMS acquires 5% of shares of Montenegrin TSO CGES
Elektromreža Srbije bought shares from small shareholders at the stock exchange for about EUR 7 million.
Albania’s KESH to build 5.1 MW solar power plant at Qyrsaqi dam in Vau i Dejës
State-owned KESH intends to build a 5.1 MW solar power plant at one of the three dams at the reservoir of its Vau i Dejës hydropower plant
Slovenia earmarks EUR 660 million for liquidity in firms, green transition
Slovenia is helping the recovery from the pandemic with EUR 660 million including grants, with a focus on SMEs, liquidity and the green transition
EU’s European Innovation Council Fund buys stakes in startups
The EU is supporting innovative startups with direct equity investments for the first time, blending them with grants through the EIC Fund
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