Floods highlight renewable energy market opportunities
As Croatia, Bosnia and Herzegovina and Serbia continue to rebuild after the devastating floods of 2014, renewable energy development opportunities are popping up left and right, RenewableEnergyWorld.com portal’s contributor Ilias Tsagas wrote in an analysis. The Balkan region has enormous renewable energy potential but to date progress has been hindered by financing, weak legislation and […]
State lacks strategy, aims for mix of renewables and nuclear
Energy minister Andrei Gerea noted Romania doesn't have an energy strategy, but that at the EUS there is also no common direction
DEM seeks bids for rehabilitation of Melje hydro facility
Hydropower plant operator Dravske elektrarne Maribor d. o. o. (DEM) published an invitation for bids to supply a transformer and other equipment for rehabilitation of the 2.26 MW Melje hydroelectric project on Slovenia’s Drava river, HydroWorld portal said. Bids are due June 1. DEM operates eight hydropower projects on the Drava as well as three […]
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 […]