European Commission: Albania should urgently diversify away from hydropower, properly conduct environmental assessments

Albania is moderately prepared in the area of energy, according to the European Commission’s latest report on the country’s alignment with the EU acquis. Albania’s national energy strategy 2018-2030 has been adopted, the Chapter 15 section of the report notes. However, the country has delayed electricity market reforms and should accelerate implementation of the connectivity […]

Framework agreement signed for 2,000 MW EuroAfrica Interconnector between Egypt, Cyprus, Greece

The Egyptian Electricity Transmission Company and Nicosia-based EuroAfrica Interconnector Limited have signed a framework agreement for the construction of the 1,707-km subsea EuroAfrica Interconnector cable which will connect Egypt, Cyprus, and Greece, the promoter of the project, EuroAfrica Interconnector Limited, said in a press release. The agreement was signed by EuroAfrica Interconnector Limited CEO Nasos […]

Power utility HEP invites applications for assistance from ZelEn fund

Croatian state power company Hrvatska Elektroprivreda (HEP) has invited social care institutions to apply for a total of HRK 1 million (EUR 135,000) in assistance from the ZelEn fund, which is financed through the sale of electricity produced exclusively from renewable energy sources, according to an announcement on HEP’s website. ZelEn is electricity produced from […]