Pressure mounts on EBRD to quit Mavrovo dams project
The Macedonian government has plans to make Mavrovo the home for two large and around 15 small hydro power plants, one with financial support from the EBRD, even though this is the largest and richest national park in the country and home to the critically endangered Balkan Lynx, CEE Bankwatch Network said. Boškov most, one of […]
Enel’s subsidiary posts EUR 64 million profit in Q1
Enel’s EBITDA in Romania fell by 1.5% in the first quarter, from EUR 65 million a year ago to EUR 64 million, according to data released by the Italian group and quoted by Mediafax. The company has obtained earnings before interest and taxes (EBIT) down by 26% from EUR 50 million a year ago to […]
Parliament approves law on power from renewable sources
A large majority of lawmakers adopted legislation on measures in the field of electricity produced from renewable energy sources, according to a press release issued by the Ministry of Energy, Small and Medium Sized Enterprises and Business Environment, Business-review.eu reported. The business magazine’s portal said producers and operators who were not issued individual decisions authorization […]
Formal launch of works on Krnovo wind power plant
Montenegro’s Krnovo Green Energy has marked the official start of construction works on the 72 MW Krnovo wind power plant with an estimated investment value of EUR 120 million, SeeNews portal cited local media reports. The consortium of France’s Akuo and Austria’s Ivicom has been awarded a permit to build the wind park. Krnovo Green […]
Regional Alterenergy platform network enhances Renexpo
Small and medium enterprises from the Adriatic region, engaged in the sectors of energy saving and renewable energy, met in April at the Renexpo Western Balkans fair in Belgrade, during the business meeting opened with the Alterenergy strategic project – funded within the IPA Adriatic Cross-border Cooperation Programme 2007–2013, Alter-energy.eu website reported. There were more […]
Alterenergy board and steering committee meeting
Eight partnership meetings were already held within the Alterenergy strategic project. The last project management board and steering committee met in Ioannina on May 4 and 5, Alter-energy.eu website reported. Alterenergy has been launched in September 2011 to promote sustainability in 60 selected small Adriatic communities with less than 10.000 inhabitants. The Alterenergy partners have […]
Poor predictability makes RES unattractive to investors
The Romanian renewable energy sources (RES) sector is unattractive to investors, said representatives of the Renewable Energy Producers Organization in Romania (Patres) on the occasion of their annual meeting, when they also debated legislative news, Business-review.eu reported. George Niculescu, the executive director, believes that the biggest concern are the frequent legislative changes that occur suddenly […]
Expertise, know-how, innovation at Renexpo trade fair
The second RENEXPO Western Balkans, a two-day trade fair with accompanying conferences, was held in Belexpocentar in Belgrade.