Terna Energy triples first-half profit
Total turnover of EUR 85.4 million was reported for the first six months of this year by Terna Energy, compared to EUR 69.4 million in the corresponding period a year earlier. Renewable energy group GEK Terna’s subsidiary boosted its profit following minority interests by 361 percent to EUR 11.3 million. Revenues from power generation reached […]
More wind power projects by Spanish investor
Acciona SA set a goal to launch two wind parks in Dalmatia in five years with an investment of EUR 90 million, said Aljoša Pleić, new head of Acciona energija d. o. o., the company’s Croatian subsidiary. In a statement to Lider magazine, he announced the construction may start next year and said Acciona, also […]
Call for concessions for three small hydro facilities
Government of Zenica–Doboj Canton, located in central Bosnia and Herzegovina, started the procedure of selecting concessionaires for small hydropower plants (SHPPs) on its territory for 30 years. Selected investors will be obliged to hire local companies for works worth at least 50% of respective projects. The cost of tender documents for both calls is EUR […]
Vienna summit highlights energy projects, networking
Four regional power grid projects and three key measures for cooperation have been adopted at the Western Balkans Summit in Vienna on August 27, said Janez Kopač, Energy Community Secretariat’s director. He told Serbian portal Euractiv.rs that the European Union pledged EUR 200 million for this year for projects in energy and transport infrastructure. The […]
Skourletis opens way for island hybrid power stations
A ministerial decision specifying terms and conditions for the sale of electricity by hybrid power stations to noninterconected island networks was signed by Panos Skourletis, minister for production, reconstruction, environment and energy, prior to his departure from the post, Energy Press of Greece reported. The former government, headed by Syriza party, resigned on August 20. […]
Statkraft opens its second hydropower plant in Turkey
The Kargı Kızılırmak hydropower plant became fully operational and increased the capacity of Norway’s Statkraft in Turkey by six times. The company now accounts for more than 1% of the country’s electricity generation. More than 700 people attended the official opening at the 102 MW plant located in Çorum province at the Black Sea region, […]
Hidroelectrica begins procedure for exchange listing
Six months out of insolvency, largest national power producer may be listed at the stock market, Energynomics.ro said. Károly Borbély, Hidroelectrica’s head of strategy and corporate affairs, said the preparations already begun. „It will be possible six months after we come out of insolvency, most likely in the fall of 2016 or early 2017,“ Romanian […]
Mini hydro facility launched on Ugar river in Republic of Srpska
Austrian power group Kelag and its Slovenian subsidiary Interenergo officially launched their small hydropower plant Zapeće on Ugar river, Srna news agency reported. The investment is worth EUR 14 million, and planned annual production is 14 GWh from an installed capacity of 4 MW. Petar Đokić, minister for energy and mining of the Republic of […]