Study for Kostolac wind park to be done by October
Predrag Đorđević, manager for key investment projects at Electric Power Company of Serbia (EPS), said the feasibility study for the planned wind park in Kostolac would be finished by October. In an interview for the June issue of Energija, the state-owned utility’s magazine, he added the development of the main design will ensue, followed by the preparation of […]
GIZ to promote renewable energy sources in BiH
The German government supports Bosnia and Herzegovina in the field of renewable energy sources through various financial arrangements through the KfW Development Bank, said Operator za OIEiEK, authority for renewable energy sources and efficient cogeneration. Based on the requirements of governmental institutions in BiH, Germany’s Federal Ministry for Economic Cooperation and Development (BMZ) has approved […]
Germany eyes projects in noninterconnected islands
Ministers Panos Skourletis, responsible for energy, and Giorgos Stathakis, who runs portfolios of economy, development and tourism, signed agreements with visiting German vice chancellor Sigmar Gabriel for the provision of knowhow from Europe’s largest economy to support renewable energy in Greece, especially in the noninterconnected islands, and to promote exports. The deal followed an energy […]
EBRD supports expansion of solar energy in Cyprus
The European Bank for Reconstruction and Development (EBRD) said it is providing EUR 10 million in debt financing for the construction, development and operation of five photovoltaic parks with total capacity of 11.9 MW. The investment will strengthen efforts in Cyprus to reduce climate change emissions and dependency on imported fuels, according to the statement. […]
Energy efficiency is the best energy resource
Political will is the first of necessary requirements to reach the maximum use of domestic and sustainable energy resources, according to Konstantin Dimitrov, award-winning inventor, scholar and researcher in areas of energy and energy efficiency, with over 470 papers published in Macedonia and abroad. He told Balkan Green Energy News it is crucial to bring […]
Romelectro wins KOSTT’s tender worth EUR 7.5 million
Romelectro Group signed the contract for the construction of high voltage power lines in Kosovo* after being selected at an international tender by KOSTT – Transmission, System and Market Operator JSC. The European Bank for Reconstruction and Development will finance the investment of EUR 7.5 million. Works consists of five key sections of 220 kV and […]
Interconnection with Kosovo* comes online
Albania inaugurated a EUR 70 million power transmission line of 400 kV, linking the country with Kosovo*, SeeNews reported. The interconnection is 241.1 kilometres long. The 151.1 kilometres on the side of Albania cost EUR 29 million. The section was financed by a loan from Germany’s KfW Development Bank. The construction of the power line […]
Hidroelectrica exits insolvency, preparing IPO
The biggest privatisation in Romania’s history is underway after the main court in Bucharest ruled Hidroelectrica SA isn’t insolvent anymore, Act Media reported. The company will be listed when the best conditions for pricing are achieved, minister of energy Victor Georgescu said at a press conference on June 24. Hidroelectrica will focus on modernization, investments […]