Stubo–Rovni dam project study gets municipal support
The Town Assembly of Valjevo agreed to the plan for the continuation of works on Stubo–Rovni hydro system in Jablanica and Sušica river valleys. An accumulation test of two years was announced for the dam, which has been under construction for three decades. Its project includes a small hydropower plant. The document that was adopted […]
First solar-powered residential project launched
Construction works on the Cartierul Solar Residence, the first project in Romania designed to be powered by photovoltaic panels, have started in Bucharest and are projected to end in September 2017, according to an announcement by developer Ad Astra Partners, Business Review reported. The power produced by panels will lead to zero energy costs for […]
CGGC interested in investment projects in Republic of Srpska
Petar Djokic, Minister of Industry, Energy and Mining of Republic of Srpska met with Chen Xiangdong, General Manager of China Gezhouba Group Corporation (CGGC), leading Chinese company in energy and infrastructure facilities construction, reads the website of Republic of Srpska Government. The Minister presented the CGC’s delegation headed by Chen Xiangdong with the projects currently […]
Energy efficiency fund devised in new legislation
The Ministry of Energy and Industry has come up with a draft Law on Energy Efficiency which includes energy conservation guides for all electricity consumers, including public administration, big companies and citizens, Albanian Telegraphic Agency said. For the first time it foresees an efficiency fund. According to sources from the ministry, the country has vowed […]
Electrica’s profit soars 29.8% in first half
Power supplier and distributor Electrica said its consolidated net income jumped 29.8% to RON 277.1 million (EUR 62.8 million) in the first half of this year, while operating profit climbed 13.5%, SeeNews reported. Electrica’s operating revenue rose 7.5% to EUR 131.75 million, the company said in its unaudited consolidated financial report. Operating profit rose to EUR 71.24 million from EUR 62.76 million. […]
Gruevski, Peševski visit first biogas power plant
Arben Abdurahmani, owner of the Vezë Sharri company based in Treboš near Tetovo in Macedonia’s northwest, spoke with prime minister Nikola Gruevski and deputy prime minister Vladimir Peševski about the pro-business regulation being introduced and the way it is affecting his large chicken farm and biogas power plant Elektro Sharri. Abdurahmani said that, since he […]
Roofs and façades for old residential buildings
Municipality of Kumanovo, Macedonia’s third-largest town, invests in improving energy efficiency in residential buildings in cooperation with Habitat for Humanity, portal Build.mk said. The local self-government called for applications for reconstruction from tenants’ councils. The project is for complete overhaul, including a sophisticated façade and roof construction. Buildings in the central district have priority, the […]
Power utility ERS suffers net income plunge
The consolidated net profit of state-controlled power utility Elektroprivreda Republike Srpske (ERS) plummeted to BAM 9.1 million (EUR 4.7 million) last year, from EUR 27.15 million a year earlier, company data indicated, as reported by SeeNews. Consolidated total revenues fell 5% to EUR 341.5 million while electricity output fell 10.5% to 5.7 TWh, data showed. The three […]