Floods highlight renewable energy market opportunities

As Croatia, Bosnia and Herzegovina and Serbia continue to rebuild after the devastating floods of 2014, renewable energy development opportunities are popping up left and right, RenewableEnergyWorld.com portal’s contributor Ilias Tsagas wrote in an analysis. The Balkan region has enormous renewable energy potential but to date progress has been hindered by financing, weak legislation and […]

DEM seeks bids for rehabilitation of Melje hydro facility

Hydropower plant operator Dravske elektrarne Maribor d. o. o. (DEM) published an invitation for bids to supply a transformer and other equipment for rehabilitation of the 2.26 MW Melje hydroelectric project on Slovenia’s Drava river, HydroWorld portal said. Bids are due June 1. DEM operates eight hydropower projects on the Drava as well as three […]

Basketball star’s factory supplies EPS with smart meters

EWG’s factory from the eastern Serbian town of Bor won the controversial tendering for the production of smart power meters for Electric Power Industry of Serbia (EPS), Belgrade newspaper Večernje novosti said on May 12. The company, which launched production in 2013, is owned by Dejan Bodiroga, International Basketball Federation (FIBA) official and retired Serbian […]

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 […]