Renewables

Agreements for construction of 19 small hydro facilities

Published

May 8, 2015

Comments

comments icon

0

Share

Published:

May 8, 2015

Comments:

comments icon

0

Share

After the completion of the sixth round of concession granting procedure, the Ministry of Environment and Spatial Planning of Macedonia signed agreements with 12 investors for the construction of 19 small hydropower plants, Republika.mk said.

The one-time concession fee is MKD 150 million (EUR 2.44 million). The contract expires after 23 years, including three years for the construction of the hydro systems, the magazine’s report said.

Minister Nurhan Izairi stated the plants shall add 20 MW to the country’s power production capacity. In the procedure for 80 small hydropower plants, the government had selected best offers for 33 locations, while these concessionaires are those who managed to obtain necessary permits in time, he added.

Predrag Čemerikić from Hydrogen Energy Group said its plan is to invest EUR 5 million in four small systems and start generating electricity in a year.

Tags:

Related Articles

montenegro natural gas power plants study epcg

Montenegro’s EPCG finishes study on gas power plants

12 January 2026 - State-owned power utility Elektroprivreda Crne Gore officially received a feasibility study for gas power plants in Montenegro

Greece IPTO mulls capital increase with existing shareholders

Greece’s IPTO mulls capital increase with existing shareholders

12 January 2026 - Independent Power Transmission Operator of Greece reportedly needs a capital boost of EUR 1.1 billion to keep the development plan on track

Belgium former Ministry of Energy Tinne Van der Straeten CEO WindEurope

Belgium’s former Ministry of Energy Tinne Van der Straeten to become CEO of WindEurope next month

12 January 2026 - WindEurope's CEO-appointee Tinne Van der Straeten, Belgium's former minister of energy, will assume office on February 2

Why CEE is one of most attractive regions investment new energy projects

Why CEE is one of most attractive regions for investment in new energy projects

12 January 2026 - Munir Hassan and Thomas Hamerl, partners in CMS's energy practice, outlined the developments in the renewable energy market for 2026