Electrica to merge power distribution subsidiaries, energy services units
Romanian electricity supplier Electrica Group is set to merge its three power distribution subsidiaries and two energy services companies. The move has already been approved by the company’s shareholders. The merger of the three electricity distribution subsidiaries – SDEE Transilvania Nord, SDEE Transilvania Sud, SDEE Muntenia Nord – is scheduled for January 1 and the […]
Two coal-fired power plants generate alarming air pollution in Kosovo*
Two coal-fired power plants, Kosova A and Kosova B, are the main source of the alarming air pollution levels in Kosovo*, and particularly the town of Obilić, which is located between the two plants and near to their ash disposal sites and open-pit lignite mines. Bankwatch, which conducted a month-long monitoring of the air quality […]
Solvis plans to build 50 MW solar power plant in northern Croatia
Sunčane elektrane Međimurja, a firm co-owned by Solvis, Croatia’s sole producer of photovoltaic panels, plans to build the largest solar power plant in the country, with an installed capacity of 50 MW, according to Podravski.hr. The solar power plant, which is expected to cost EUR 40 million, should be located in Rasinja near Koprivnica, the […]
Land lease agreement signed for Brajići wind farm
A consortium led by German renewable energy firm wpd has signed a land lease agreement for wind farm Brajići near the Montenegrin coastal city of Budva, a project valued at EUR 101.3 million. The Brajići wind farm, with an installed capacity of slightly over 100 MW, is projected to generate around 220 GWh of clean […]
EPCG overhauls small hydropower plant Glava Zete, replaces two transformers at HPP Perućica
Montenegrin state power utility Elektroprivreda Crne Gore (EPCG) has completed an overhaul of small hydropower plant Glava Zete, operated by its joint venture with Norwegian firm NTE. The state-owned utility has also replaced two transformers at its hydropower plant Perućica. The modernization of Glava Zete was part of an EUR 8 million project that also […]
Solar power is becoming more affordable for firms, households in Serbia
Solar power systems are getting cheaper every year. During the industry’s boom in Europe and the world, investment in the sector in Serbia has been weak. ProCredit Bank’s expert Danko Kalkan points to great growth potential. Prices of solar power equipment have been halved in the past several years so such systems are more profitable […]
CE Oltenia plans to slash CO2 emissions by 38%, but keep investing in coal
Romania’s ailing state-run electricity producer Complexul Energetic Oltenia (CE Oltenia) has drawn up a 2021-2026 restructuring and decarbonization plan that entails gradually reducing coal power production and developing renewable energy sources, with a target to cut CO2 emissions by around 38%. The plan includes EUR 1.5 billion in investments. CE Oltenia, the second-biggest electricity producer […]
450 MW offshore wind park to be built in Adriatic Sea
Italy-based energy services company Saipem has announced plans to build one of the first wind farms in the Adriatic Sea in cooperation with two other domestic firms. The offshore wind power plant, described as the biggest in Italy, will have an installed capacity of about 450 MW. Saipem said the planned wind farm will have […]