High power prices may result in 100,000 job cuts
Deputy chairman of the Bulgarian Industrial Association Kamen Kolev told Bloombergtv.bg that with the current power prices, 100,000 jobs may be lost next year, citing an analysis by Ernst and Young, Standart News reported. The impact on exports will be also very serious, since the goods consume a lot of energy, said Kolev. The surge […]
China, Turkey to cooperate in solar power projects
A goodwill agreement to build a 60 MW solar power plant in Şanlıurfa was signed with China. The investment in the city in Turkey’s southeast is worth USD 60 million (EUR 55.95 million), Anadolu Agency’s Energy Terminal reported. State-owned nuclear company CGN and Turkish renewable company Else signed the agreement in Ankara to establish 60 […]
Slovenia to invest in Elbasan city in the enviroment field
Qazim Sejdini, mayor of Elbasan, held a meeting with the Slovenian ambassador to Albania Lea Stančič. They discussed about the support the Slovenian government will provide for several projects in the city in the environment field, portal Invest in Albania said. After the meeting, Sejdini stated that these projects will be focused in the rehabilitation […]
Two mini hydro projects in southeast Serbia need no impact assessment
The Ministry of Agriculture and Environmental Protection of Serbia said there is no need for environmental impact assessments for small hydropower plants Topli Dol 1 and Selište. The first system should be installed on Rekitska river within the Stara planina nature park in the municipality of Pirot in the country’s southeast. The expected capacity is […]
Yingli of China developing 20 MW solar portfolio
Companies from Turkey and China which developed solar plant projects of 10 MW across four sites on 18 hectares now move on to additional facilities of a total of 10 MW, which they expect to complete by the end of 2016. The initial investments in western Turkey are underway and construction is expected to begin […]
Power sector reform financed with EUR 200 million
The European Bank for Reconstruction and Development said it is supporting a comprehensive reform programme for the power sector in Serbia by extending a EUR 200 million restructuring line to Electric Power Industry of Serbia (EPS), a state-owned utility that generates, distributes and supplies electricity. The sovereign-guaranteed loan will help the company restructure its balance sheet and […]
Green light for EU-financed concentrated solar power projects
The cabinet approved funding on October 29 for CY EOS Green Energy project by Alfa Mediterranean Enterprises Ltd. for a 50 MW solar thermal power park in the Alassa area in Limassol, portal In-Cyprus reported. The concentrated solar power project was selected for funding within the framework of the second phase of the NER300 programme […]
Regulator renews power trading permit for HEP-Trade
A draft license was granted to company HEP-Trade d. o. o. from Mostar for the activity of international trade in electricity, according to a release by the State Electricity Regulatory Commission (SERC), Brčko District’s administrative body. The local self-governing authority officially belongs to both entities that make up Bosnia and Herzegovina. Brčko is located in […]