Montenegro pays EUR 68.9 million to raise stake in power utility EPCG
The Montenegrin government has paid EUR 68.9 million to Italy’s A2A to increase its holding in power utility Elektroprivreda Crne Gore (EPCG) from 57.01% to 70.16%. With this move, Montenegro returned its ownership in the company to the level before partial privatization and recapitalization carried out in 2009. The number of shares acquired to boost […]
New platform launched to improve donor coordination in Energy Community
The Energy Community (EnC) Donor Coordination Platform has been launched by the community’s Secretariat as the first online platform to feature the key donor programs across all the EnC Contracting Parties and observer countries, according to a statement from the Secretariat. The main purpose of the platform, which covers all sectors included in the EnC […]
PowerUp! competition of energy start-ups organized for first time in Serbia
In cooperation with Startit and the European company InnoEnergy, PowerUp! competition will be organised for the first time in Belgrade, Serbia, on the 22nd of May. The most successful Serbian start-ups in the field of energy will be presented at this event, while the best ones will have an opportunity to win an investment worth […]
EU issues two guides to considering environment in renewable energy projects
The European Commission has issued two guidance documents on how energy transmission infrastructure and hydropower can be made to operate in accordance with the requirements of the Habitats and Birds Directives. Two guidance documents have been published as part of the EU Action plan for nature, people and the economy. “Guidance documents offer practical recommendations […]
EPBiH seeks bids to build 15 small HPPs, as wind farm to go online in Q4 2019
Power utility Elektroprivreda BiH (EPBiH) has invited tenders for construction works worth an estimated EUR 5.66 million (BAM 11 million) on 15 small hydropower plants (HPPs) on the Neretvica river, as it plans to put an EUR 83 million wind farm into operation in the fourth quarter of 2019, Senad Salkić, executive director for capital […]
Croatia launches project to upgrade power grid
The Croatian Ministry of Environmental Protection and Energy published an advertisement for the direct allocation of a project to introduce advanced IT networks into the distribution system operator (DSO) HEP – ODS company which supplies power to the population and companies across the country. HEP – ODS is subsidiary of the power utility Hrvatska elektroprivreda […]
EPS invites tenders for construction of two small HPPs
Public power utility Elektroprivreda Srbije has invited tenders for the construction of two new small hydropower plants (HPP) Ćelije HPP, near the City of Kruševac, and Rovni HPP, near the City of Valjevo, on existing dams. The investment is part of the Programme for Reconstruction of Small Hydropower Plants for which EPS received a EUR […]
Investments stalled amid uncertainty over renewable energy subsidies
The fact that seven months before the expiry of the decree on incentive measures for renewable energy sources it is not yet known what the future framework will be created a great deal of uncertainty for the industry, which is slowing down or delaying investments. With this in mind, companies with renewable energy projects in […]