EBRD’s chief Chakrabarti touring Western Balkans
The last three years had been very productive for the European Bank for Reconstruction and Development in Montenegro, accounting for around half of the total EUR 530 million of investments in the country since it started work there, said Suma Chakrabarti, the international financing institution’s president. During his visit to the former Yugoslav republic within […]
Montenegro ranks concessions for four small hydro projects
The Ministry of Economy of Montenegro said a tender commission has determined the rankings in the procedure of granting concessions for the construction of small hydro stations to produce electricity at locations on four watercourses in the country’s north and central areas, while the offer for Sjevernica was rejected as invalid. First-ranked bidders were selected […]
Teen funds small hydropower unit with pocket money
Nineteen-year-old Zoran Samardžić managed to tap electricity for lighting for a village house and front yard by designing and installing a turbine on the local water stream. He told RTRS television station he built and assembled all the parts with help of a few grownups and friends with more expertise. The young man from Bileća […]
BPB Bank enters EBRD’s green energy programme
A new bank in Kosovo* has joined the energy efficiency financing programme of the European Bank for Reconstruction and Development. Under an agreement signed by Suma Chakrabarti, EBRD’s president, and Arton Celina, the chief executive officer of BPB, the bank will receive a EUR 1 million credit line for on-lending to small and medium-sized enterprises […]
Subotica decides not to withdraw part of KfW loan
At the local assembly meeting the City of Subotica approved the proposal by public heating utility JKP Subotička toplana not to withdraw EUR 1.7 million, part of a loan provided by KfW Development Bank, portal Subotica.com reported. The package worth EUR 4.5 million for the heating plant was agreed on in 2012 with the assistance […]
Nordex hired for wind turbines with over 30 MW
Terna Energy SA sent an order to Nordex Group for wind farm projects in Greece. The German manufacturer said it will supply eight N100/3300 and two N90/2500 turbines. Both sites are located in a region near Athens with strong winds. For the Mougoulios project Nordex is to provide five machines from the N100/3300 series. In […]
EKO-REM inks deal for mini hydropower plant Jabuka
Prime minister of Bosnian-Podrinje Canton Goražde Emir Oković signed a concession contract with Mensud Pekmez, director of company EKO-REM from Sarajevo for the construction of mini hydropower plant Jabuka on the river Kolina near Ustikolina. The contract foresees exploitation in the next 30 years and the construction of a power plant with 700 kW in […]
Court cancels environmental permit for small hydro facility
Environmental group Zeleni Neretva said that after a three-year process, the Cantonal Court in Sarajevo issued a judgment which cancelled ecological permits for the construction of hydropower plant Dindo on the river Ljuta. Environmental permits for this one and two other power plants on the Ljuta – Memiškovići and Donje Luko, were issued in May […]