Enlight acquires third wind farm in Balkan region
Israel-based Enlight Renewable Energy acquired the rights to a 105 MW wind energy project in Kosovo*, the company said in a statement. The project, according to Enlight, is in the advanced development stages. Construction works are expected to start next year while wind farm will be operational in 2020. The investment is estimated at EUR […]
Consolidation inevitable for small power exchanges
Miloš Mladenović, managing director of Serbian power exchange operator SEEPEX, believes that the latest EU regulations introduce competition in the operations of power exchanges, which means that consolidation is inevitable for small power exchanges. In an interview with Balkan Green Energy News, Mladenović also discussed cooperation with Hungarian exchange HUPX, the introduction of an intraday […]
GGE has changed its name and brand and becomes Resalta
Resalta is the new name and brand under which one of the leading energy services companies in South-Eastern Europe, GGE, will operate in the future. What does not change is the company’s commitment to the development of renewable energy sources and the provision of energy efficient solutions to customers. Resalta stands for the high results […]
Ansaldo Energia to supply gas turbines and generators for Pančevo cogeneration plant
Italian company Ansaldo Energia said today it has been awarded contracts worth EUR 40 million to supply gas turbines and generators for 200 MW Pančevo cogeneration power plant in Serbia. The Pančevo combined heat and power (CHP) plant is owned by TE-TO Pancevo, a joint venture between Centroenergoholding, owned by Gazprom Energholding, and Serbian oil […]
Montenegrin Government secures funds to buy A2A shares in EPCG
The Montenegrin Government adopted a budget rebalance which foresees EUR 70 million for the purchase of the Italian company A2A’s shares in power utility Elektroprivreda Crne Gore (EPCG). In July last year, the Italian company informed the Government of Montenegro about activating the put option, which officially launched the process of the company’s withdrawal from […]
Novi Sad to get its second cogeneration facility
The public heating utility Novosadska Toplana is planning to build a second cogeneration energy plant this summer to produce electricity and heat energy as part of the reconstruction of the TO Jug heat facility with production of heat and electric energy expected in May 2019, Balkan Green Energy News was told by that company. This […]
Bosnia seeks to avert loss of KfW funds in wake of HPP Salakovac project pullout
Bosnia and Herzegovina’s (BiH) Finance and Treasury Minister Vjekoslav Bevanda has organized a meeting with representatives of German development bank KfW and power utility Elektroprivreda BiH (EPBiH) in an attempt to prevent the suspension of multi-million projects in BiH financed by the German government, after EPBiH decided to abandon a project to reconstruct hydropower plant […]
Bulgarian Energy Minister resignation not accepted
Bulgarian Government decided not to accept the resignation of the Energy Minister Temenuzhka Petrova. Just a week ago she offered the resignation to Prime Minister Boyko Borisov and he accepted it. She decided to leave Bulgarian Government to prevent possible allegations about her role in the CEZ deal with Bulgarian company Inercom. Deputy Prime Minister […]