Romania interested in exporting power to Serbia
During his visit to Serbia on July 16, Romania’s president Klaus Iohannis said his country is interested in exporting electricity to Southeastern Europe’s markets, including Serbia. The exports could be made through specialized companies that operate on the two markets, he added after meeting his Serbian counterpart Tomislav Nikolić, Business Insider reported. Romania and Serbia […]
Seepex aims launch of day-ahead market by end-November
Operator of electric power exchange for Serbia and Southeastern Europe was signed up at the Business Registers Agency, state-owned electricity grid operator EMS said. Regulation and application procedure for future members will be known by the end of August, and the system’s testing is scheduled for September, the press release said. South Eastern European Power […]
Investments of EUR 30 billion needed in energy sector
Government of Romania has extended the implementation period for the „District Heating – Warmth and Comfort 2006–2015” programme until 2020. It includes various investments in the generation, transmission and distribution of thermal energy. A total amount of EUR 480 million was allocated, Romania Insider reported. However, only EUR 95 million have been used so far. […]
Construction of EUR 1.5 million substation begins
Power enterprise Elektroprivreda Crne Gore AD Nikšić (EPCG) said it started the EUR 1.5 million worth construction of 35/10 kV Popovići substation in the southern town of Bar, after a rise in the number of customers by 40% in the last decade, and an increase in consumption, especially during the tourist season. Saša Milovanović, manager […]
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 […]