For rehabilitation and close-out of Leć landfill in Croatia EU gives EUR 1.7 million
The Leć waste dump in Vodice, a town in the Šibenik-Knin county in Croatia, will soon be rehabilitated and closed: a contract for this project was signed last week. The total project’s value is HRK 16.2 million (EUR 2.18 million), of which 85 percent has been provided by the European Union (EU). This is the […]
UAE’s Masdar signs deal to invest in Montenegro wind farm Krnovo
Masdar, Abu Dhabi-based renewable energy company has signed a share purchase agreement with Akuo Energy, the leading French IPP in renewable energy, to enter into Krnovo wind farm in Montenegro, which is on stream since November 2017. Both sides announced that under the agreement, Masdar will acquire 49% of Krnovo Green Energy. The agreement was signed […]
Greek PPC says it is close to acquire leading electricity trading company in FYROM
Public Power Corporation (PPC), the Greek national power generation company, has announced that it is close to a deal for the acquisition of Energy Delivery Solutions (EDS), the leading electricity trading company in Former Yugoslav Republic of Macedonia (FYROM). In its statement, PPC said that this initiative comes within the framework of its business strategic […]
Construction of HPP Buk Bijela on Drina river starts in 2018
Construction of the 93.52 MW hydropower plant (HPP) Buk Bijela is expected to start this year. It will be fully owned by the power utility Elektroprivreda Republike Srpske (ERS). The investment is estimated at BAM 400 million (EUR 200 million), announced Petar Đokić, Minister of Industry, Energy, and Mining of Republika Srpska (RS). The first […]
Contracts signed to upgrade joint water supply, sewage system in three Croatian Towns
Representatives of the Croatian government and three coastal municipalities in the north of the country singed contracts on the financing of a project to expand and upgrade their join water supply and sewage network. The investment will raise the level of processed waste water to 83 percent. The local authorities will get more than 70 percent […]
Slovenian Energy Agency allocated incentives for electricity generation from renewables and CHP
The Slovenian Energy Agency has selected 93 projects with an installed capacity of 98 MW, which will receive incentives for the production of electricity from renewable energy sources and cogeneration of heat and power (CHP) with high efficiency. The total value of funds under this tendering procedure was EUR 10 million. Wind farms dominated the list […]
Romania’s electricity market is now fully liberalized
Since the beginning of this year, the electricity market in Romania is fully liberalized – there will be no longer regulated tariffs that household consumers paid until December 31, 2017. Consumers of electricity in Romania now can choose between competitive regime and universal service market, with the option to return to the universal service market […]
Public-private partnership: EIB is interested in PPP projects in Serbia
In 80% of public-private partnership (PPP) projects in Europe the public sector pays compensation to a private partner and the concession model has been less often used, said Dubravka Negre, Head of European Investment Bank’s (EIB) Regional Representation for the Western Balkan. Following is her interview for Improving Energy Efficiency through Public-Private Partnership Model publication. […]