Construction of new CHP plant in Zenica starts, completion expected by end of 2020
New combined heat and power (CHP) plant Toplana Zenica, expected to start operation in 2021, will eliminate the use of coal for district heating and utilize waste gases from the ArcelorMittal Zenica steel plant, it was said during the official start of the construction works in the town in central Bosnia and Herzegovina. The CHP […]
Environmental organizations ask EU to stop waste burning in coal power plants in Bulgaria
Environmental lawyers at ClientEarth, Greenpeace Bulgaria and Za Zemiata are bringing a legal complaint to the European Commission to compel EU authorities to investigate and order the alleged illegal waste incineration in Bulgaria to stop. Three organizations have taken action after the Bulgarian government secretly allowed three aging coal power plants to burn unclassified waste, […]
TMD Group to produce components for Mitsubishi Motors electric cars
TMD Group will produce components in Bosnia and Herzegovina for electric cars manufactured by Japanese automotive giant Mitsubishi Motors. According to local media, TMD has recently started the construction of a new facility, an investment estimated at BAM 20 million (EUR 10.2 million). Test production at the company’s existing facilities in Gradačac has already begun […]
Bulgaria to continue to use coal power plants at least until 2030
Bulgaria will continue to use its coal power plants in the following decade and further on, according to the national plan with a 2050 horizon, Energy Minister Temenuzhka Petkova said after meeting with representatives of two trade unions, local media reported. They discussed the European Green Deal. The Confederation of Independent Trade Unions in Bulgaria […]
EU conditions EUR 251 million state aid to coal, power utility CE Oltenia
The European Commission has approved Romania’s plans to grant a EUR 251 million loan to second-biggest power producer Complexul Energetic Oltenia (CE Oltenia) but with strict conditions. The Romanian government has defined a plan to help Complexul Energetic Oltenia (CE Oltenia), coal-based utility trapped in a financial squeeze for years. A public loan warrants approval […]
Investment Group Balkan eyes solar park in Sokolac municipality in BiH
Investment Group Balkan has expressed its interest in building a solar power plant on 100 hectares in Sokolac municipality in Bosnia and Herzegovina. Representatives of the company, whose founders are from Russia, China and Lithuania, accompanied by Gordan Milinić, director of the Foreign Investment Promotion Agency of BiH (FIPA), discussed the investment with Milovan Bjelica, […]
Regional Security Coordinator for SEE to step up European integration in synchronous zone
The establishment of the Regional Security Coordinator (RSC) for Southeast Europe (SEE) is an important step towards European integration in a synchronous zone, by integrating two capacity calculation regions: Greece-Italy and Southeast Europe, said Manos Manousakis, CEO and Chairman of the Independent Power Transmission Operator – IPTO or Admie. In an interview with Balkan Green […]
Sparkasse Bank Makedonija secures EUR 2 million under GEFF for green buildings
Sparkasse Bank Makedonija has secured a EUR 2 million loan from the European Bank for Reconstruction and Development (EBRD) under the Green Economy Financing Facility (GEFF) program to support investments in high-performance green technologies in privately owned buildings in North Macedonia. The agreement on loan was signed by Gligor Bišev, Chairman of the Management Board […]