Parliament ignoring petition against power price hike
Civil Society Consortium for Sustainable Development (Kosid) demanded from the parliament of Kosovo* to envisage all the points of the petition against the increase of the price of power supply, Independent Balkans News Agency’s portal reported. Through this petition, last September the organizers and 33 thousand signatories demanded from the parliament to abrogate the decision […]
Bulgaria reluctant to join regional auction platform
Plans to create a single European cross-border capacity auction platform is holding back the Bulgarian transmission system operator from joining the regional platform. This is despite the fact a joint European auction platform might only be operational by 2019, petrochemical market information provider ICIS reported. At a recent industry event, Victoria Popovska, head of the […]
German company scanning energy projects to invest in
AEG Industrial Engineering AG perceives Macedonia as being the main energy center in the region, said Heinrich Otterpohl, CEO of the German company, part of a delegation visiting Macedonia, the former Yugoslav republic’s government said on its website. In a meeting with deputy prime minister for economic affairs Vladimir Peševski, Otterpohl praised Macedonia’s investment opportunities, […]
Enel’s subsidiary posts EUR 64 million profit in Q1
Enel’s EBITDA in Romania fell by 1.5% in the first quarter, from EUR 65 million a year ago to EUR 64 million, according to data released by the Italian group and quoted by Mediafax. The company has obtained earnings before interest and taxes (EBIT) down by 26% from EUR 50 million a year ago to […]
Investment in hydro plant operator vehicle planned by EBRD
European Bank for Reconstruction and Development said it is considering an equity investment of up to USD 35 million (EUR 30.73 million) to acquire up to a 20% stake in holding company HoldCo, a vehicle to be established as a 100% owner of five operating run-of-the-river hydropower plants (HPPs) currently owned by Rönesans Enerji and […]
Agreements for construction of 19 small hydro facilities
After the completion of the sixth round of concession granting procedure, the Ministry of Environment and Spatial Planning of Macedonia signed agreements with 12 investors for the construction of 19 small hydropower plants, Republika.mk said. The one-time concession fee is MKD 150 million (EUR 2.44 million). The contract expires after 23 years, including three years […]
Formal launch of works on Krnovo wind power plant
Montenegro’s Krnovo Green Energy has marked the official start of construction works on the 72 MW Krnovo wind power plant with an estimated investment value of EUR 120 million, SeeNews portal cited local media reports. The consortium of France’s Akuo and Austria’s Ivicom has been awarded a permit to build the wind park. Krnovo Green […]
Regional Alterenergy platform network enhances Renexpo
Small and medium enterprises from the Adriatic region, engaged in the sectors of energy saving and renewable energy, met in April at the Renexpo Western Balkans fair in Belgrade, during the business meeting opened with the Alterenergy strategic project – funded within the IPA Adriatic Cross-border Cooperation Programme 2007–2013, Alter-energy.eu website reported. There were more […]