Monsson Group taking down its 27 MW wind farm
Regulatory changes slash revenue potential, and Monsson Group will take down its completed wind farm rather than connect to the grid and lose money for 25 years. Renewable energy firm Monsson Group is preparing to dismantle turbines at Târgușor in Constanța county, Wind Power monthly published on its website. Nine Vestas V90 turbines of 3 […]
Headrace gallery worth EUR 150 million launched
Hidroelectrica said it inaugurated Surduc–Nehoiașu, its latest headrace gallery, at the Pruncea intake point at Bâsca Mare, following a EUR 150 million investment. The tunnel is part of the Surduc–Siriu hydropower planning, the Romania Journal reported on its website. The project is the longest of its kind to be implemented since 1984, being also the […]
Hidroelectrica sells hydro facility to an archdiocese
The biggest state-owned power producer sold its small hydropower plant (SHPP) Călugăriţa, located in Argeș county in central Romania, to the Argeș archdiocese, according to Mediafax. Hidroelectrica SA, insolvent for the second time, took RON 1.7 million (EUR 380,000) for one of only two small hydro facilities that it sold from the 34 that were […]
Plan for Italy–Slovenia power links on schedule
AdriaLink’s project for two electricity interconnectors between Italy and Slovenia is on track with construction works scheduled to begin next year and commissioning seen in 2017, said Enel SpA, one of the company’s co-owners, SeeNews reported. In 2009, local utilities operator Acegas-Aps SpA, Enel and electricity trading and generation firm Tei Energy SpA signed a […]
Paperwork sought for extention of planned solar park in Kostolac
Serbian state-owned energy utility EPS has invited bids for the preparation of the investment and technical paperwork to obtain the necessary permits for the construction of a solar park near the central town of Kostolac. The drafting of the paperwork and subsequent permitting should create all the necessary conditions to raise the installed capacity of […]
Yugoslav energy projects need dust wiped off
“Lack of good energy policy leaves us under threat of poverty and unemployment, and health risks,” said Aleksandra Tomić, chairwoman of the Serbian Parliamentary Energy Policy Forum, opening the body’s third meeting in the form of a public debate on the Proposal of Energy Development Strategy until 2025 with projections until 2030. The House of […]
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 […]
