Investing in energy efficiency makes economic sense
Seventy financial institutions from over 20 countries – ranging from regional and microfinance institutions to national and global banks – have vowed to step up financing for energy efficiency and develop business strategies that save energy and reduce carbon emissions, the European Bank for Reconstruction and Development said on its website. They made their pledge […]
Cleanup of idle applications for roof panels lagging
Despite announcing, in early June, that older and still unutilized applications for permits for roof-mounted photovoltaic systems would be shelved and cancelled unless applicants reconfirmed their interest within a month, Hedno, the Hellenic Electricity Distribution Network Operator, has yet to take action, according to sources of Energy Press. However, the operator, locally acronymed Deddie, is […]
Turboden supplying CHP unit to chipboard specialist
Starwood Orman Ürünleri Sanayi AŞ ordered a cogeneration plant from turbogenerator developer and producer Turboden, based in Brescia, Italy. The Turkish chipboard manufacturer is going to integrate an organic Rankine cycle (ORC) system in its factory in Bursa. The medium-density fiberboard (MDF) plant will benefit from extremely low operation and maintenance costs and limited additional […]
Domestic companies get quarter of smart meters job
Electric Power Company of Serbia (EPS) is introducing the most advanced smart metering system in the world, chief executive officer Aleksandar Obradović (pictured first from right) said in an interview to N1 television channel. In a procurement financed by the European Bank for Reconstruction and Development and the European Investment Bank, EUR 31.9 million was […]
Production of solar panels to begin in Nikšić
If details on the construction of a plant are agreed, production of solar panels may start soon in Nikšić in central Montenegro. A cooperation agreement was signed by Veselin Grbović, the municipality head, and Ma Yufeng, mayor of Chinese city of Baoding, news agency MINA-Business said. Grbović said interest was expressed for the construction of […]
Construction of Možura wind farm starts
After the investors began works for first wind farm in Montenegro near Nikšić, implementation of a similar investment at Možur near Bar, in the south of the country, was recently launched. The Ministry of Economy said the construction of these two power facilities will greatly contribute to meeting the national target of 33% share of […]
Siemens: Subotica seen as hub for wind turbines
Udo Eichlinger, new chief executive officer of Siemens d. o. o. in Serbia, announced the German conglomerate will shift its capacities from other countries to the Subotica Large Drives Factory. The facility is the fifth biggest in Siemens Large Drives segment, he added. There may be good news at the beginning of 2016, as the […]
Households consume 100% more energy than optimal
Serbia is coming closer to another heating season, and its energy efficiency level is low. Standard of living is much lower than in the European Union, and citizens spend two times more energy than the population in the bloc’s developed countries, state-owned Tanjug news agency said. For instance, the report adds, yearly power consumption per […]