International community, BiH officials adopt Joint Statement on energy sector reforms
Prime Ministers of the two entities of Bosnia and Herzegovina, Radovan Višković and Fadil Novalić, and BiH Minister for Foreign Trade and Economic Relations Mirko Šarović have agreed to harmonize their positions and support the adoption of the state Law on Electricity and Gas over the next three months. The deal and a joint statement […]
ERS to build 1,000 MW renewable energy power plants over next 10 years
Public power utility Elektroprivreda Republike Srpske (ERS) aims to invest EUR 1.25 billion in 1,000-MW renewable energy power plants over the next 10 years, said ERS general manager Luka Petrović. As the company has an enormous potential to use renewables, the ERS strategy is to build 1,000 MW renewable energy power plants over the next […]
Čibuk 1, Serbia’s largest wind farm, fully constructed
Construction has been completed on the 158 MW Čibuk 1, Serbia’s largest wind farm, according to a news release from one of the financial institutions that approved a loan for the project. The wind farm has started trial production. Čibuk 1, with 57 wind turbines, “is fully constructed,” reads a news release from the European […]
Concession agreement signed for 49.5 MW Grebak wind farm
Republika Srpska, an entity of Bosnia and Herzegovina, has signed an agreement with Nevesinje-registered VE Grebak on a concession to build and operate the Grebak wind farm with an installed capacity of 49.5 MW, according to a press release from the entity’s government. The Republika Srpska government awarded the concession to the company to build […]
Albania to terminate 17 concession contracts for hydropower projects
Albania’s Ministry of Infrastructure and Energy has found 9 more cases of contract violations during its review of concession agreements for hydropower plants (HPPs). This amounts to 17 concession deals the ministry has started severing, the ministry said on its website. The ministry did not reveal the names of investors in question, the location of […]
Startup SmartCat tops PowerUp! competition in Serbia
Startup SmartCat from Novi Sad has won the second PowerUp! competition in Serbia with its innovative software Optimus Power for optimization and control of electricity consumption. The startup made up of Sanja Hajduković, Nina Marjanović, Nenad Božić, Dušan Ranđelović, and Stanko Kuveljić secured the opportunity to compete in the regional final in Krakow on May […]
HEP to invest around EUR 100 million in solar power plants by end-2023
The Kaštelir, Cres, Vis, and Vrlika Jug solar power plants, with a combined capacity of 11.6 MW and value of over EUR 10 million, are the first four solar power plants that state power utility Hrvatska Elektroprivreda (HEP) plans to build as part of a major investment cycle to soak around EUR 100 million by […]
ERS starts electricity imports over drought, TPP Gacko overhaul, accident at HPP Plat
Due to low water levels, the overhaul of thermal power plant (TPP) Gacko, which will be finished in 90 days, and decreased production by hydropower plants (HPPs) operated by Hidroelektrane na Trebišnjici (HET), caused by an accident at HPP Plat (HPP Dubrovnik), power utility Elektroprivreda Republike Srpske (ERS) has launched the import of electricity. Imported […]