Statkraft commits to Turkish market despite turmoil
Christian Rynning-Tønnesen, chief executive of Statkraft AS, denied rumours the company would leave Turkey following the failed military coup attempt in July. In early September he told Anadolu Agency’s Energy News Terminal the potential of renewables in the country as well as the tariff mechanism offer attractive prospects. Statkraft, fully owned by the Norwegian state, […]
EPTISA SEE awarded environmental projects in Serbia and Kosovo*
EPTISA SEE, a subsidiary of Spanish EPTISA Group, international company operating in the fields of engineering, architecture, consulting and information technology, announced two newly awarded projects in Serbia and Kosovo* in early September. The company headquartered in Belgrade will provide assistance with transposition, implementation and enforcement of acquis through further implementation of principles from the National […]
State mulls scrapping development of 1 GW hydro plant
The government in Bucharest is considering the option to abandoning a renewable energy project worth EUR 1 billion. Energy minister Victor Grigorescu said Romania’s cabinet is looking for alternatives for hydro pumped storage unit Tarnița – Lăpuștești, designed for 1 GW, as quoted by News.ro on September 7. There are prospects to switch to several […]
Probe finds holes, profiteering in green power subsidies
The Audit Office of the Republic of Cyprus recommended to the state authorities to stop subsidizing the country’s wind farms to avoid further strain on the Renewable Energy Sources Fund and thus the taxpayers. An administrative procedure was conducted after a request in July last year by Andros Kyprianou, leader of the opposition and general secretary of […]
Construction of Vranduk hydropower plant officially begins
A ceremony to mark the start of the construction of a green energy project worth EUR 57.4 million was held yesterday on the territory of the city of Zenica in central Bosnia and Herzegovina. Works on the system which will have a capacity of 19.6 MW were launched in late July. Vranduk HPP, located next […]
Serbia fails to comply with provisions on heavy fuel oil
Serbia failed to comply with the provisions of the Directive 1999/32/EC on the maximum sulphur content of heavy fuel oil, the Energy Community Secretariat said in a statement after assessment with the requirements for the participation of the Energy Agency of the Republic of Serbia (AERS) in working groups of the Agency for the Cooperation […]
EPS to initiate tenders for small hydro units
Electric power utility of Serbia (EPS) announced it intends to use the proceeds of a loan from the European Bank for Reconstruction and Development for four tenders, three of which are expected to be launched during the last quarter of the year. The whole project has a total estimated cost of EUR 37 million. The overall […]
HEP bolstering electricity supply in coastal areas
HEP Group said its Operator of Distribution System (HEP ODS) is investing more than HRK 500 million (EUR 66.8 million) in coastal areas aimed at contributing to Croatian tourism. The investments will allow for a significantly more secure supply of consumers on the Adriatic coast, as during the summer months their number is growing, the government-owned […]