EU pledges funds for Albania–Macedonia interconnection
The Western Balkans 6 ministerial meeting took place at the seat of the Energy Community Secretariat in Vienna in the presence of Johannes Hahn, European commissioner for neighbourhood policy and enlargement negotiations. The Ministry of Energy and Industry of Albania said the European Union guarantees financial backing for the construction of the country’s 400 kV […]
Wind project Zelengrad–Obrovac becomes operational
An investment of EUR 50.56 million in a wind park in northern Dalmatia with 42 MW of capacity was completed and set into motion, Večernji list newspaper said. Turbines with an additional 12 MW of capacity will be installed in Zelengrad–Obrovac wind park in the second phase. EnerCap Capital partners, the fund manager based in […]
Germany inks EUR 40 million loan for energy sector
The Government of Albania reached a loan agreement with the German government for a project that aims to increase efficiency in the energy sector, Invest in Albania portal reported. The EUR 40 million loan will be allocated by a German bank, official sources say. Efficiency in the energy sector programme consists of improving the aspect […]
Partnership set for developing solar power plants
Armand Group, a Romanian renewable energy operator, said it signed an agreement with Green Tech Ltd., a specialized British company, for the finance and development of solar photovoltaic projects below 500 kW capacity that will benefit from the new solar feed-in tariff expected to be applied this year in the country. With British finance and […]
Seepex power exchange targets launch by end-year
Serbia’s day-ahead Southeast European Power Exchange (Seepex) is targeting a launch in November or December this year, the press office of European Power Exchange (Epex Spot), told SeeNews in an email. Epex Spot is developing the project in partnership with Serbian state-owned electricity grid operator EMS. EMS director Nikola Petrović had earlier told SeeNews the […]
Full liberalization at least a year away
Bulgarian households and small businesses will have the right to choose their electricity supplier freely as of July 2016 at the earliest, Ivan Ivanov, chairperson of the Energy and Water Regulatory Commission (EWRC), said earlier this month. The commission will need more time to analyse whether the full market liberalization would lead to higher electricity […]
Country’s first mini hydropower facility launched
In the village of Lijeska near Tomaševo in Bijelo Polje municipality, Vrelo mini hydropower plant has been put into use. Bijelo Polje’s official website reported Ivana Hlavsová, the Czech ambassador, and Aleksandar Žurić, the municipal head, led the launching ceremony. The power plant, located in Montenegro’s northeast, was equipped by Hydrolink SRO. The concession had […]
CHP plant to be added to pellet facility by end-2016
Bioenergy Point, part of businessman Zoran Drakulić’s Point Group Int, started the construction of a cogeneration facility in Boljevac which will run on waste from the company’s local wood pellet production plant, Večernje novosti newspaper said. Drakulić had announced the EUR 2 million investment in May last year. The electricity would be used for the […]