Europe’s largest on-shore wind farm is on sale – CEZ starts divestment in Romania
Czech energy company CEZ has officially launched the divestment process in Romania, offering seven companies in the country including Europe’s largest on-shore wind park Fantanele-Cogealac, with 600 MW of installed capacity. The move comes just days after Italian energy company Enel initiated the sale of its assets in Romania. Romanian state-owned power utilities Electrica and […]
Greece, Slovenia among five EU countries to introduce new fossil fuel subsidies – report
Five EU countries including the UK, Germany, Greece, Poland, and Slovenia are looking to introduce new fossil fuel subsidies by 2030, an analysis of the 28 Member States’ draft energy and climate plans (NECPs) has revealed. In a new report, “Fossil fuel subsidies in draft EU National Energy and Climate Plans: Shortcomings and final call […]
Croatia issues third public call this summer for geothermal exploration
The Croatian Hydrocarbon Agency (CHA) has announced a public call to select the best bid for geothermal energy exploration in the Križevci exploration area, for the purpose of issuing an extraction license for energy use, the third such invitation issued in as many months. The deadline to submit bids is September 7, 2019, according to […]
Turkey’s MB Holding to build second ORC geothermal power plant in Croatia
Zagreb-based MB Geothermal, wholly-owned by Turkish MB Holding, has signed a contract with Croatian engineering firm Ekonerg to design a binary (ORC) geothermal power plant called Legrad, with an installed capacity of 19.9 MW, in what will be MB Holding’s second major geothermal project in Croatia, according to a press release from MB Geothermal. The […]
Italy’s Enel launches sale of Romanian assets
Italian energy company Enel has initiated the sale of its assets in Romania, Reuters has reported. Just a week ago Romanian state-owned power utility Hidroelectrica invited bids to select an adviser for the acquisition of Enel’s and Czech energy company CEZ’s assets in Romania. The sale of Enel’s operations in Romania is being led by […]
HSE names new top managers at thermal power plant TEŠ, coal mine Velenje
Slovenia’s state power utility Holding Slovenske Elektrarne (HSE) has appointed new top managers at two of its subsidiaries – Termoelektrarna Šoštanj, which operates the Šoštanj thermal power plant (TEŠ), and Premogovnik Velenje, the operator of the Velenje coal mine, according to two separate press releases on the company’s website. HSE named Viktor Vračar as director […]
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 […]
