Italy-Montenegro yearly capacity auction offer lands at 140 MW

Following the launch of the interconnection across the Adriatic Sea, the Coordinated Auction Office in South East Europe or SEE CAO started the auction process for 2020 by offering the capacity of 140 MW in both ways. The operator received bids for the allocation of physical transmission rights (PTRs). After the announcement of the provisional […]

China inks first deal for three HPPs in Srpska in BiH worth EUR 100 million

Prime minister of the Republic of Srpska Radovan Višković has reached the initial agreement on installing three hydropower plants on the Bistrica river with 45 MW in combined capacity. AVIC-ENG – China National Aero-technology International Engineering Corp. accepted the assignment and its chairman Suo Shuhe signed the agreement. During a working visit to the world’s […]

Renewables, power storage are Kosovo’s* best choice: World Bank study

The most affordable strategy for the government in Prishtina would be to phase out coal-fueled power production, according to a previously unseen document that the United States–based Institute for Energy Economics and Financial Analysis or IEEFA has reviewed. The World Bank apparently concluded in August of last year that ContourGlobal Plc’s plan for to build […]

Electricity December 5, 2019

Nexans to begin laying cable to Syros under Aegean Sea

Top officials from the Independent Power Transmission Operator SA (IPTO or ADMIE) of Greece and contractor Nexans SA, based in France, announced yesterday in Lavrion port that boats are about to start rolling out the electric cable in the third phase of establishing an interconnection with Cyclades Islands. The first, 28-kilometre section of the submarine […]

Electricity December 5, 2019

Siemens, HOPS ink EUR 14.1 million deal for Sincro.Grid project

Croatian transmission system operator (TSO) HOPS and technology company Siemens have signed a HRK 104.9 million (EUR 14.1 million) contract for the construction of an SVC (static VAR compensator) facility at transformer station Konjsko. The deal is for the installation of reactive power flow control equipment in the south part of the country’s transmission network. […]

Electricity November 28, 2019