Emon Electric sold to EnComm
Swedish-based wind energy and photovoltaic project developer Monsson Group said it sold Emon Electric from Romania to African company EnComm for an undisclosed sum in order to focus on external markets with a more stable business environment, SeeNews reported. Monsson bought the majority stake in the electric works business in May 2014. “I believe that […]
Banja Luka, EBRD ink heating plant restructuring deal
Mayor of Banja Luka Slobodan Gavranović, director of the local district heating utility Mićo Milovanović and head of the European Bank for Reconstruction and Development’s office in Bosnia and Herzegovina Ian Brown signed a mandatory letter on the operational and financial restructuring of Toplana a.d. Banja Luka, news agency Srna reported. The contract also includes investments in […]
EPBiH to get Podveležje wind power plant site online
Bajazit Jašarević, chief executive of Elektroprivreda Bosne i Hercegovine dd (Electric Utility of Bosnia and Herzegovina – EPBiH), and Senad Salkić, chief capital investment officer of the utility, signed a contract on connecting wind park Podveležje to 110 kV transmission network with Matan Zarić, head of Transco (Elektroprenos-Elektroprijenos BiH ad), and Cvjetko Žepinić, its director […]
Wind capacity in operation rises to 5.15 GW
As of July, there were 127 operational wind power plants in Turkey, compared to 113 at the beginning of the year. The capacity increased by 428 MW to 5.15 GW in the six months through June, according to a regular report by the Turkish Wind Energy Association (TWEA or Türeb). Last year there was 956 MW in newly operational […]
Hydropower plant overhaul raises environmental issue
The regular yearly refurbishment in hydroelectric power plant Perućica should be finished by September 8, after dewatering commenced on August 7, Montenegrin Electric Power Company (EPCG) announced at its website. Meanwhile, the local recreational fishing club said the measure led to the destruction of ten tonnes of fish, while only four tonnes were saved, compared […]
EBRD funds clean technology in Tüpraş, Şişecam
A long-term loan agreement of EUR 42 million was signed by the European Bank for Reconstruction and Development and glass producer Türkiye Şişe ve Cam Fabrikaları AŞ (Şişecam), with the aim to finance recycling and energy efficiency. The bank said it will also support the largest resource efficiency program in the Turkish industrial sector to […]
Investors in Vranduk brief locals on project schedule
People from the community living in the vicinity of the location of future hydropower plant Vranduk convened with investors, contractors and the representatives of the European Bank for Reconstruction and Development in the refurbished social centre after works started at the end of last month. The meeting, held on August 3, was organized to lay […]
Enel wins case brought on by government
The Arbitration Court in Paris ruled against Romania’s state energy holdings administration company SAPE SA in the case for alleged breaches of privatization contract by Italian Enel SpA. The government earlier lost processes involving E.ON and ČEZ, which had also acquired branches of state-owned Electrica SA. The current case was for damages of over EUR […]