Transco’s Q1 contracts worth EUR 15.34 million
Power transmission company Transco (Elektroprijenos-Elektroprenos Bosne i Hercegovine a.d.) said it concluded more than 45 contracts in the first quarter of 2015 with companies from Bosnia and Herzegovina and the region, for the implementation of various projects with a total value of BAM 30 million (EUR 15.34 million). In March, the contract was signed with Elektroenergetika […]
EBRD: Outages, inefficiency rank high in business challenges
Though some improvements have taken place, electricity issues remained the most severe obstacle for firms in Albania, the European Bank for Reconstruction and Development (EBRD) and the World Bank Group said in the summary of fifth Business Environment and Enterprise Performance Survey (Beeps). The report covers countries in the transition region of Central, Eastern and […]
Goražde solar project expands soon, investor says
After a 670 panels unit in the village of Bujaci was finished a year ago, a five times larger solar power project is underway near Goražde, entrepreneur Azem Bujak told Klix.ba portal. He had said existing capacity was 200 MWh per year, enough for powering 100 local households in the underdeveloped area. “We received a […]
Two 1.5 MW biogas power plants planned near Sombor
Sombor Mayor Saša Todorović signed a cooperation protocol with owners of two farms in city territory’s villages of Aleksa Šantić and Stanišić and with Jozef Balko, owner of Slovakian company Energotex SK s. r. o. from Dolni Kubin for long-term power production from renewable sources, SOinfo.org portal reported. Construction of two biogas-powered plants, of 1.5 […]
Smart grids could be Europe’s shale gas
Infrastructure for balancing intermittent solar and wind energy with flexible power demand could do for Europe what shale gas has done for the United States, European Commission Vice President Maroš Šefčovič said on April 2, EurActiv.com and Reuters reported. Smart grids are crucial for EU single energy market plans as they could integrate more renewables […]
Environment Fund gets 10% from renewables incentives?
The Government of the Republic of Srpska, one of country’s two entities, adopted the Draft Bill on Renewable Energy Sources and Efficient Cogeneration stipulating that the Environment Fund shall get 10% instead of 5% from the money levied as incentives for generating power from renewable sources. The increase wouldn’t burden the consumers paying the fee, […]
İşbank joins EBRD’s home energy efficiency programme
The USD 350 million financing facility launched by the European Bank for Reconstruction and Development (EBRD) and the Clean Technology Fund (CTF) was joined by İş Bankası AŞ (İşbank), headquartered in Levent, Istanbul. The purpose of the programme is to boost investment in energy efficiency improvements for homes, EBRD said. The Turkey Residential Energy Efficiency […]
Bulgaria’s Solarpro Holding turns to net loss in 2014
Bulgarian provider of products and services for the solar industry Solarpro Holding said it turned to net loss of BGN 993,000 (EUR 507,700) in 2014 from net profit of BGN 57,000 a year earlier, reported SeeNews portal. The company’s revenues grew to BGN 3.9 million in 2014 from BGN 2.6 million in 2013, it said […]