EBRD to support renewable energy projects in Greece
The European Bank for Reconstruction and Development (EBRD) will support one of the leading Greek renewable energy companies Terna Energy S.A. with EUR 50 million to develop projects in Central Greece. Terna Energy will invest a total of EUR 60 million in the development, construction and operation of renewable energy projects in Greece. One of […]
Chinese to present offer for HPP Dabar in next four months
China International Water & Electric Corporation in next four months will present its technical and financial proposal for the construction of the hydropower plant (HPP) Dabar in Nevesinje, the Republic of Srpska. During his visit to Beijing, President of the Republic of Srpska Milorad Dodik was informed that China International Water & Electric Corporation (CWE) […]
Albania, Germany sign second agreement on 400 kV transmission line to Macedonia
Germany and Albania signed an agreement on the second tranche of loan to finance the building of the 400 kV electric transmission line connecting Albania and Macedonia. The Albanian Minister of Energy and Industry, Damian Gjiknuri, and ambassador of Germany in Tirana, Susanne Schutz, signed the agreement in Tirana last week, completing a financial framework […]
Montenegro to establish power exchange
The Government of Montenegro has adopted a plan for establishing Montenegrin power exchange in 2017 by local companies COTEE, CGES and EPCG. The plan of the Montenegro Electricity Market Operator (COTEE) for the next year, accepted by the Government, states that the company is authorised to conclude the contract with the Montenegrin Power Transmission System (CGES) and Montenegrin […]
China’s State Grid to buy 24% stake in Admie
China's State Grid is a preferred strategic investor to buy a 24 percent stake in Greece's electricity grid operator Admie, sa9d the board of Public Power Corp.
Energy Community Secretariat establishes Dispute Resolution and Negotiation Centre
A Dispute Resolution and Negotiation Centre was established by the Secretariat. Its launch comes as a response to signals that the settlement alternatives currently available for energy disputes no longer respond to the needs of national authorities and stakeholders, in particular small and medium enterprises and consumers. Arbitration and litigation proceedings tend to be lengthy, […]
Bulgarian ESO plans to add 1,4 GW renewable energy by 2025
Bulgarian Electricity system operator (ESO/TSO) announced 1,8 GW boost in power generation capacity for a total of 52,6 TWh of electricity delivered to the network within the next 10 years, reports SEE News. This ambitious plan was published in a document on the ESO website, along with a plans for a development of Bulgarian power distribution […]
Turkey to build 1 GW solar power plant in Konya
Turkish minister of energy and natural resources Berat Albayrak announced the tender for the 1 GW photovoltaic solar power plant in Karapınar, Konya in December. In the announcement, he said that the “world’s largest photovoltaic solar plant will mark the new era for the renewable energy in Turkey”. It is expected that the United States, […]