Serbia’s TSO EMS acquires 5% of shares of Montenegrin TSO CGES
Elektromreža Srbije bought shares from small shareholders at the stock exchange for about EUR 7 million.
Submarine cable helps triple CGES’ electricity transit revenues
Montenegrin TSO pulled in EUR 11.6 million in revenues in 2020 from the commercial use of the power link between Montenegro and Italy.
EPBiH’s three-year business plan envisages EUR 850 million in investment
State power utility EPBiH has adopted a three-year business plan that envisages investments of some EUR 850 million.
Serbia issues guidelines for draft law on renewable energy
The Ministry of Mining and Energy has published the starting points for the upcoming draft law and invited the public to submit suggestions.
Dravske Elektrarne Maribor eyes investments in wind, solar, geothermal, storage
Company plans construction of three wind farms, a 30 MW solar power plant, geothermal and pumped storage projects.
Romania’s Transelectrica to double cross-border power transmission capacity
On January 1, Transelectrica will have a cross-border export capacity of 2.8 GW and the ability to import power at a volume of 3 GW
DSO EPS Distribucija is no longer part of Elektroprivreda Srbije
The transfer of ownership is the end of the unbundling of the distribution system from EPS, which began five years ago.
Greece tests Peloponnese-Crete link – world’s longest undersea AC cable
Crete's first interconnection with the mainland, via the Peloponnese, was successfully tested. It is the world's longest alternating current cable system