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 […]
Ministry to prepare tenders for photovoltaic facilities in Greece
Draft legislation for the support plan for renewables includes provisions for public calls for production capacities, Energy Press reported. A pilot scheme for a minimum of 40 MW in solar power facilities is planned for this year. For that, the Ministry of Environment and Energy has to complete the draft for ministerial decisions and submit […]
Concentrated solar power project in Crete to boost capacity
The Ministry of Environment and Energy approved for the solar thermal power station being planned by Nur Energie and Motor Oil Hellas to be increased in capacity and land size, Energy Press reported. The joint venture is developing the concentrated solar power (CSP) project in Crete, in the Lasithi prefecture’s Atherinolakos area. The capacity is […]
Sokolac seeking partner in district heating PPP
A call for the implementation of renewal, expansion, operation, maintenance and delivery of heat was placed by the Municipality of Sokolac in East Sarajevo. The European Bank for Reconstruction and Development, which published the notice, financed the documentation for the pilot project within the Regional Energy Efficiency Programme (REEP), approved under the Western Balkans Investment […]
Petrol sells stake in Gen-I to Gen-EL
IG energetski sistemi (IGES) d.o.o., part of Petrol Group, agreed to accept EUR 45.1 million for its half of ownership in electricity and natural gas supplier Gen-I d.o.o., headquartered in Krško, in a deal with Gen-EL d.o.o. The transaction will be carried out in two parts: one by the end of this year, following the […]
IBEX in talks about coupling with Greece, Romania
Independent Bulgarian Energy Exchange (IBEX), part of state-run Bulgarian Energy Holding (BEH), is negotiating about the integration with markets in Greece and Romania through coupling, chief executive Konstantin Konstantinov said, Reuters reported on June 16. The bourse’s trade volume is 250 MWh a month on average, much more than Serbian SEEPEX and Croatian CROPEX, the […]
