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 […]
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 […]
KOSTT, OST sign deal to establish Kosovo*-Albania regulatory block
Kosovo’s* transmission system operator (TSO) KOSTT and Albania’s transmission system operator OST have signed an agreement on establishing a regulatory block of energy system Kosovo*-Albania, KOSTT said in a press release. According to Kosovo’s* TSO, ENTSO-E is familiar with the agreement between KOSTT and OST, which was signed in Tirana with the consent of the […]
Next decade to be pivotal one for energy sector in SEE – IRENA report
The adoption of an energy mix consistent with the Paris Agreement would create a cumulative addition of USD 485 billion in gross domestic product between 2019 and 2050 in Southeastern Europe (SEE), according to a report produced by the International Renewable Energy Agency (IRENA). The document, announced at a regional workshop in Sarajevo in June, […]
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. […]
Bulgaria’s funding for waste incinerator CHP greenlighted by EU
The European Commission said on November 25 that it gave the go-ahead for Bulgaria’s proposal to back a project for a high-efficient cogeneration system in the capital city. The overwhelming part of the EUR 93.8 million plan for the waste incinerator is money from the trade bloc’s structural funds. The remaining EUR 3 million will […]
Renewables’ capacity in Croatia projected at 1.9 GW for 2030
Analysts have calculated that the share of 36.4% in gross final energy consumption, targeted in Croatia’s strategy for the next decade for renewable sources, is equivalent to 1.9 GW. GlobalData said in its report that the projected level doesn’t include small hydropower. Authors updated the outlook and attributed the surge in green energy’s stake mostly […]