Parliament ignoring petition against power price hike
Civil Society Consortium for Sustainable Development (Kosid) demanded from the parliament of Kosovo* to envisage all the points of the petition against the increase of the price of power supply, Independent Balkans News Agency’s portal reported. Through this petition, last September the organizers and 33 thousand signatories demanded from the parliament to abrogate the decision […]
German company scanning energy projects to invest in
AEG Industrial Engineering AG perceives Macedonia as being the main energy center in the region, said Heinrich Otterpohl, CEO of the German company, part of a delegation visiting Macedonia, the former Yugoslav republic’s government said on its website. In a meeting with deputy prime minister for economic affairs Vladimir Peševski, Otterpohl praised Macedonia’s investment opportunities, […]
Investment in hydro plant operator vehicle planned by EBRD
European Bank for Reconstruction and Development said it is considering an equity investment of up to USD 35 million (EUR 30.73 million) to acquire up to a 20% stake in holding company HoldCo, a vehicle to be established as a 100% owner of five operating run-of-the-river hydropower plants (HPPs) currently owned by Rönesans Enerji and […]
Agreements for construction of 19 small hydro facilities
After the completion of the sixth round of concession granting procedure, the Ministry of Environment and Spatial Planning of Macedonia signed agreements with 12 investors for the construction of 19 small hydropower plants, Republika.mk said. The one-time concession fee is MKD 150 million (EUR 2.44 million). The contract expires after 23 years, including three years […]
Government aims 30 percent renewable energy usage by 2023
Turkey’s Energy Market Regulatory Authority has received 14 times more pre-license applications than its allocated capacity for wind power plants, Mustafa Yılmaz, head of the authority, revealed on May 6, Anadolu Agency reported. At the 21st International Energy and Environment Fair and Conference (ICCI 2015) in Istanbul, he said the allocated capacity for wind power […]
Hopes on Australian solar technology for shifting from oil
Australian scientists have designed and installed solar energy technology in Cyprus to help the island nation shift away from fossil fuels and also tackle its chronic water shortages, The Guardian’s portal said. A team from the Csiro, Australia’s national science agency, took five weeks to construct a solar thermal field containing 50 heliostats – large […]
Power producer Hidroelectrica to invest EUR 1.8 billion
An investment budget of EUR 1.3 billion for 2015-2020 has been set by power producer Hidroelectrica, Romania-insider.com portal reported. About EUR 450 million are for the ongoing projects in Racoviţa, Bretea, Răstoliţa, Siriu-Surduc, Dumitra-Bumbeşti. Hidroelectrica will also invest EUR 350 million to refurbish four high capacity hydropower plants, namely Stejaru, Vidraru, Râul Mare – Retezat […]
Reservoir Advances Construction Permitting for Brodarevo
Brodarevo hydropower projects on the Lim river in Serbia’s southwestern region secured several positive opinions from relevant authorities, Reservoir Capital Corp. said. State-controlled institutions that issued the documents included the transmission company Elektromreža Srbije (opinion and conditions for the connection of Brodarevo 1 and 2 to the transmission network), water management company Srbijavode (opinion on […]