EUR 1 billion Crete-Attica interconnection draws bids from major cable construction players
Major companies in the cable construction sector have filed binding bids for lots of a EUR 1 billion project to build the Crete-Attica electricity grid interconnection, whose construction is seen as urgent to avert electricity shortages on Greece’s largest island. Ariadne Interconnection, a special purpose vehicle of Greece’s Independent Power Transmission Operator (IPTO or ADMIE) […]
Construction launched on solar cladding plant in Croatia
Varaždin-based Farmex, a distributor of vitamins, minerals, and medicines also registered for operations in the energy sector, has started building a plant to produce solar cladding, Varaždinske vijesti reported. The solar cladding plant, which will produce façade panels, will be built under an investment of HRK 50 million (around EUR 6.78 million), some HRK 10 […]
Bids invited to build North Macedonia’s electricity interconnection with Albania
North Macedonia’s state-owned electricity transmission system operator (TSO) MEPSO has invited bids to build a 400 kV transmission line and a new 400/110 kV substation in the vicinity of Ohrid to provide North Macedonia with an electricity interconnection with Albania. North Macedonia’s electricity interconnection project entails (i) the construction of electricity transmission infrastructure from Bitola […]
CEZ Romania swings to net loss in 2018 on decreased wind power generation
Czech energy company CEZ Group in Romania posted a net loss of RON 50.3 million (about EUR 10.6 million) in 2018, compared to a net profit of RON 421.2 million (around EUR 89 million) in 2017, as its largest energy facility, the Fantanele-Cogealac wind farm, produced a total of 1,105 GWh of electricity, 218 GWh […]
Serbia’s H-Bridges win world’s leading student competition with cutting-edge e-bike drive
The H-Bridges team of students from the University of Belgrade School of Electrical Engineering (ETF) have won the International Future Energy Challenge (IFEC) 2019, the world’s largest student competition in the area of innovative and technical efficiency solutions. This year’s competition was about electric bike drive solutions. The IFEC final was held from July 29 […]
USD 350 million secured for 3 new units at EFELER, Turkey’s largest geothermal power plant
Turkey’s Gurmat Elektrik, a renewable energy subsidiary of Güriş Holding, has secured a USD 350 million financing package for three new units at EFELER, the country’s largest geothermal power plant, according to a joint press release from three major development banks. EFELER is located in western Turkey, in the region of the Buyuk Menderes Graben […]
Enel CEO in Romania proposed for PPC’s new chief
Georgios Stassis, who currently serves as CEO and country manager for Italian energy company Enel in Romania, has been put forward for appointment as new CEO of Greece’s ailing majority state-owned Public Power Corporation (PPC), the Greek media has reported. Stassis, who had been with the Enel Group since 2007, would replace Manolis Panagiotakis, who […]
Green for Growth Fund helps kids from Serbia compete in Canada
After Balkan Green Energy News appealed in early April for financial assistance to help kids from Serbia travel to Canada, its partner, the Green for Growth Fund (GGF), helped make this possible. The nine elementary and high school students from Belgrade had already made remarkable success in a global essay competition on achieving UN Sustainable […]