MK Fintel Wind secured loan for Košava wind farm
MK Fintel Wind has announced that it has secured EUR 81.5 million for the completion of Košava Phase 1 wind park near Vršac in Serbia. MK Fintel Wind is owned by Italy’s Fintel Energia Group and Serbia’s MK holding, whose owner is businessman Miodrag Kostić, has already built two wind farms in Serbia. The construction […]
Public call for registration of electricity generation projects from RES and CHP
The Slovenian Energy Agency has announced a Public call for submission of projects for production facilities for electricity production from renewable sources (RES) and high-efficiency cogeneration (CHP), for entering the support scheme. The subject of this public invitation is the selection of projects for new or renewed production facilities for RES and CHP. For electricity […]
Siemens Gamesa inks 1GW wind deal in Turkey
Siemens Gamesa Renewable Energy has announced that the company signed an agreement to develop up to 1 GW of onshore wind capacity in Turkey. Spanish turbine manufacturer is a part of a consortium, which includes two Turkish companies – the infrastructure development firm Kalyon Enerji and the investor Turkerler Holding. The consortium won in the first […]
Tender for regional waste landfills in Macedonia soon
Officials from the Ministry of the Environment and Spatial Planning of Macedonia announced the start of a project to set up regional waste landfills across the country in line with European standards which would be financed from European Union funds. Deputy Minister Jani Makraduli said he expects a tender to be announced soon for the […]
Bulgarian PM has accepted Energy Minister resignation over CEZ deal
Bulgarian Prime Minister Boyko Borisov accepted the resignation of Energy Minister Temenuzhka Petkova who decided to quit her position in order to avoid all doubts about her possible influence in the CEZ deal. Earlier last week, Czech power utility CEZ agreed to sell its Bulgarian assets to the Bulgarian company Inercom, the small family-owned business […]
Romania opts for state aid for recycling industry
The Romanian Environment Ministry has included in its 2018 budget an amount intended to support the country’s recycling industry through a state aid scheme, the authorities have announced without specifying the amount. The Environment minister of Romania, Gratiela Gavrilescu said that this is the first time that state aid scheme is going to be applied […]
Commission for PPP helping municipalities adopt strategic approach
The protection of the public interest, clear allocation of responsibilities, risk sharing and raising the level of public services’ quality are among the most important tasks of the Commission for Public-Private Partnership (PPP), said Andrijana Jovanović, Deputy Chairperson of the Commission for PPP. In an interview for the Improving Energy Efficiency through Public-Private Partnership Model […]
Regional electricity markets’ outlook for the near future
Author: Dejan Drašković, Chief Operating Officer, Montenegrin Power Exchange Since their emergence, power exchanges have become staunch promoters of market development: neutral entities advocating transparent electricity price formation, based on the current supply and demand. In order to find and secure liquidity, exchanges quickly started taking part in cross-border projects so as to carry out market […]