82 investors seek to build solar power plants on state land in North Macedonia
Tendering for the construction of solar photovoltaic (PV) power plants with a combined installed capacity of 35 MW on state land, backed by feed-in premiums approved by the Government of North Macedonia, has attracted strong interest among investors, with a total of 82 domestic and foreign companies submitting bids, according to the Ministry of Economy’s […]
E.ON Romania names Manfred Paach new CEO, as Frank Hajdinjak steps down
As of October 1, Manfred Paach will serve as new CEO of German power utility E.ON’s operations in Romania. He will take over from Frank Hajdinjak, who has held the reins of E.ON Romania for 11 years, Romanian media reported. Manfred Paach previously served as the CFO of German energy service provider E.DIS, and he […]
EPCG shareholders approve investment in Gvozd wind farm project
Shareholders of state power utility Elektroprivreda Crne Gore (EPCG) have approved an investment into a joint EUR 58 million project with Austria’s Ivicom Holding to build the Gvozd wind farm, RTCG reported following a meeting of EPCG’s shareholders. Ivan Mrvaljević, head of development and engineering at EPCG, said earlier this year that EPCG could launch […]
CROPEX sells 263,889 guarantees of origin in first auction
Croatian power exchange CROPEX has held its first auction of guarantees of origin (GO) through the IT auction trading platform, selling 263,889 GOs, CROPEX said in a press release. “The first guarantees of origin auction for electricity from incentivized producers (Q1/2019) was successfully held by CROPEX, selling a total of 263,889 GOs at a price […]
HOPS, Siemens sign EUR 5 million contract under Sincro.Grid project
Croatian transmission system operator (TSO) HOPS and technology company Siemens have signed a contract on deploying a variable shunt reactor at transformer station TS 400/220/110 kV Melina, as part of the implementation of the EU-backed smart grid project Sincro.Grid, according to a press release on HOPS’ website. The value of the contract to deploy the […]
Electricity price for business in Republika Srpska to increase from 31.3 to 35 eurocents per MWh
Electricity price for the 28 largest industrial consumers in Republika Srpska will be increased on September 1, from 31.3 eurocents per MWh to 35 eurocents per MWh, while supply contracts will be changed by a total of about 200 companies, the Government of Republika Srpska has said on its website. As of September 1, a […]
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 […]