Končar KET to refurbish HPP Vacha in Bulgaria
A consortium comprising Croatia’s Končar KET and Czech ČKD Blansko Holding has signed a contract to refurbish the 14 MW hydropower plant (HPP) Vacha-1, the accompanying 110 kV switchyard, and other auxiliary systems at the HPP, in cooperation with the Bulgarian state power utility Natsionalna Elektricheska Kompania (NEK EAD), Končar KET has said in a […]
EUR 8 million in incentives paid to Montenegrin renewables producers in January-July
Producers of electricity from renewable energy sources in Montenegro received a total of EUR 8.08 million in state incentives in the first seven months of 2019, an increase of 3% compared with the same period last year, according to data from the Montenegrin Electricity Market Operator (COTEE), RTCG has reported. Krnovo Green Energy’s wind farm […]
Hidroelectrica to launch IPO in September 2020
Romania’s state-owned power utility, Hidroelectrica, will launch an initial public offering (IPO) on the Bucharest Stock Exchange in September 2020, local media reported. According to Hidroelectrica CEO Bogdan Badea, the most profitable state-owned company in Romania plans to list 10% of its shares in IPO. There is an option for dual listing, possibly in London […]
FBiH government adopts restructuring program for EPBiH, EPHZHB
The Government of the Federation of Bosnia and Herzegovina (FBiH) has adopted a restructuring program for the power sector in the FBiH, which envisages the unbundling of two state-owned energy companies – Elektroprivreda BiH (EPBiH) and Elektroprivreda Hrvatske Zajednice Herceg-Bosne (EPHZHB) – in accordance with the rules of the EU’s Third Energy Package. The restructuring […]
Serbia, Hungary hope to merge power exchanges by end-2019
Serbia and Hungary are hoping that the planned merger between their respective power exchanges, SEEPEX and HUPX, will take place by the end of 2019, creating a powerful regional exchange to the benefit of the entire region, according to Serbian Minister of Mining and Energy Aleksandar Antić. The merger will enable the two power exchanges […]
TENDERING: Bidding deadline extended for Poklečani wind resource assessment
The deadline to file offers to conduct a wind resource assessment for the Poklečani wind farm has been pushed back from July 10 to August 27, public power utility Elektroprivreda HZHB (EPHZHB) has announced. The estimated value of the contract to produce the Poklečani wind resource assessment is BAM 22,000 (about EUR 11,250), with the […]
UPDATE: First Trebinje Energy Summit – SET 2020 to focus on Western Balkans’ energy future
The first edition of the Trebinje Energy Summit – SET 2020, to be held on March 5-6, 2020, will be dedicated to the Western Balkans’ energy future and the energy sector potentials of Republika Srpska. Experts, investors, representatives of the NGO sector and international institutions, as well as decision-makers, will get together to discuss the […]
Fingrid acquiring new 400 MVA power transformers from Slovenia’s KOLEKTOR ETRA
Slovenia-based KOLEKTOR ETRA has signed a EUR 6 million contract to supply 400 MVA 400/120 kV power transformers to Finland’s transmission system operator Fingrid for its project to improve the electricity transmission connection between the south and north of Finland, according to a press release from Fingrid. The ordered power transformers will be delivered to […]
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