China’s AVIC offers to finance, build HPP Buk Bijela, 4 small hydropower plants
China National Aero-Technology International Engineering Corporation (AVIC) has expressed interest in the construction of three large hydropower plants (HPPs) – Buk Bijela, Foča, and Paunci – and four small hydropower plants (SHPPs), the Ministry of Energy and Mining said on its website. Energy and Mining Minister Petar Đokic met with potential partners from China – […]
PPC restructuring: HEDNO to be part-privatized, NOME auctions to be scrapped
Greece intends to sell a minority stake in the Hellenic Electricity Distribution Network Operator (HEDNO), a 100% subsidiary of troubled Public Power Corporation (PPC), as part of restructuring plans for PPC announced by new Prime Minister Kyriakos Mitsotakis and Environment and Energy Minister Kostis Hatzidakis, the Greek media reported. The rescue plan envisages slashing the […]
Investment in HPP Komarnica to reach EUR 238 million – study
The value of investment in the construction of the Komarnica hydropower plant (HPP) in Montenegro is estimated at EUR 237.9 million, according to the concept of the detailed spatial plan for the multipurpose water reservoir on the Komarnica river. The proposed installed capacity of HPP Komarnica is 168 MW and the estimated annual electricity production […]
IMF calls for raising electricity tariffs in Serbia
Electricity tariffs in Serbia have not changed in two years and should be raised, International Monetary Fund (IMF) Resident Representative in Belgrade Sebastian Sosa has told a news conference, local media reported. Electricity tariffs in Serbia should at least be adjusted for inflation, Sosa said, also noting that the country will have to transition to […]
ESO, IPTO, Transelectrica sign MoU on establishing Regional Coordination Center
Power transmission system operators (TSOs) ESO (Bulgaria), IPTO (Greece), and Transelectrica (Romania) have signed a Memorandum of Understanding (MoU) on key steps toward establishing a Regional Coordination Center (RCC). The three TSOs’ area is part of the South-East Europe (SEE) Capacity Calculation Region (CCR). The EU has 10 Capacity Calculation Regions. Bulgarian TSO ESO will […]
Albania launches net metering for solar PV prosumers
Albania has put in place a net metering scheme for solar photovoltaic (PV) prosumers, the Ministry of Infrastructure and Energy has announced. Albania’s net metering scheme covers small and medium-sized enterprises (SMEs) and households with solar PV systems whose capacity does not exceed 500 kW. The Albanian government expects the scheme to enable the deployment […]
Power utility ERS to borrow EUR 307 million for new renewable energy power plants
The Government of Republika Srpska intends to provide state guarantees for loans worth BAM 600 million (about EUR 307 million) for power utility Elektroprivreda Republike Srpske (ERS) to invest in renewable energy power plants and overhaul coal-fired power plants. The Republika Srpska parliament has adopted a decision on the value of state guarantees that the […]
CEZ in Bulgaria gets permit for EUR 1.5 million for transmission line project
CEZ Distribution Bulgaria has received a construction permit for its EUR 1.5 million project to replace the 110 kV Zenit power transmission line and partly reconstruct two substations in Sofia, the company has said in a statement, according to reports. The company will replace a 2.2-kilometer cable that supplies 96,000 households and business customers in […]