Equity and cash fund acquisition of solar parks
Transeastern Power Trust, a Toronto-based investor in renewable energy assets chiefly in Romania and Eastern Europe, said it closed the previously announced acquisition of two photovoltaic plants in Romania and a CAD 5 million (EUR 3.44 million) secured debt facility provided by Sprott Resource Lending Partnership. The aggregate purchase price (net of assumed debt) for […]
Energy efficiency incentives give boost to economy
Sven Müller, head of the Environmental Protection and Energy Efficiency Fund of Croatia, visited hotel Maestral in Novigrad with ministers for environment and tourism Mihael Zmajlović and Darko Lorencin. The facility, located in Istria peninsula in the country’s west, is owned by company Laguna, which will introduce energy efficiency mesures and energy from renewable sources […]
NIS announced new venture for gas-fuelled CHP
A member of the Gazprom Energoholding group entered into an agreement with NIS, Serbia’s flagship oil and gas company, with a view to set up a venture under the name of Serbskaya Generaciya with the aim to build a gas fuelled combined heat and power plant (CHP) in the town of Pančevo, said Kirill Kravchenko, […]
Končar – Renewable Sources renovates SHPP Zvečevo
A devastated resort in Croatia’s northeast is subject to talks about ownership, as Končar Electrical Industry Inc. is open to the possibility to let the Municipality of Brestovac and Požega-Slavonia County manage the facility. Meanwhile on the property, the company’s subsidiary Končar – Renewable Sources reconstructed a 30 year old small hydropower plant that had […]
Private HPPs bring power generation boom, report shows
New small hydropower plants and the privatization of several medium-sized ones have increased private sector electricity production in Albania to almost a fifth of total production, a report by the Albanian Energy Regulator (ERE) for 2014 shows. It says the private electricity production market in Albania was worth ALL 8.1 billion (EUR 58.2 million). According […]
World Bank funds public buildings’ energy efficiency
According to a contract notice for the renovation of five public buildings, after the deadline for obtaining tender dossier expired on July 24, the Ministry of Economic Development expects receipt of tender by August 3. Object of the open procedure within the Kosovo Energy Efficiency & Renewable Energy Project, funded by the World Bank, is […]
Gorenje sells waste-processing subsidiary Surovina
Polish Tesla Recycling acquired the majority stake in a subsidiary of international household appliances maker Gorenje, headquartered in the town of Velenje, Slovenian Press Agency (STA) said. Gorenje Surovina is a waste-processing company with a production plant which serves as a technological and development platform for the development of an alternative fuel production programme in […]
Skopje’s preschool institution going through makeover
Municipality of Centar in Skopje is financing the reconstruction and enlargement of kindergarten ‘13-ti Noemvri’. Local authorities also announced necessary measures for energy efficiency, with new tiles, windows and heating and power installations. The kindergarten will become an energy efficient object, and the most sophisticated ecological materials will be used in the construction works, the […]