BiH to open talks on EUR 15 million KfW loan for PHE Čapljina modernization
The Council of Ministers of Bosnia and Herzegovina has accepted a proposal by the Ministry of Finance and Treasury to open negotiations with the German development bank KfW on a EUR 15 million loan for a project to modernize pumped-storage hydropower plant PHE Čapljina. PHE Čapljina, which operates as part of public power utility Elektroprivreda […]
CEZ receives over 30 letters of interest for Romanian assets
Czech energy group CEZ has received more than 30 expressions of interest for its Romanian assets, which include Europe’s largest on-shore wind farm, the 600 MW Fantanele-Cogealac, and plans to invite prospective buyers to submit non-binding bids in December. The filing of binding offers is planned for the second quarter of 2020, while the transaction […]
China wants in on Crete power link, joins Minos solar project
China’s president Xi Jinping left Greece with 16 bilateral deals, after an official three-day visit, where the focus was placed on the most populous country’s massive Belt and Road Initiative for infrastructure, manufacturing and trade across Asia, Africa and Europe. The projects include the interconnection cable which is planned to be installed between Crete and […]
Croatia’ REGEA to help RRA Zlatibor set up Serbia’s first energy agency
The North-West Croatia Regional Energy Agency (REGEA) and Regional Development Agency Zlatibor (RRA Zlatibor) in Serbia have signed a memorandum of cooperation that envisages establishing Serbia’s first energy agency, according to a press release from REGEA. With the aim of creating a sustainable and efficient model of energy transition, REGEA and RRA Zlatibor will exchange […]
North Macedonia first to draft strategy in line with national energy, climate plans in Energy Community
North Macedonia’s draft Energy Development Strategy until 2040 is the first to comply with the rules of national energy and climate plans in the Energy Community, the Energy Community Secretariat said following the draft’s presentation. The document is also in line with the five dimensions of the EU Energy Union. The draft is currently under […]
Chinese-Montenegrin consortium wins bid for eco-reconstruction of TPP Pljevlja
Chinese-Montenegrin consortium DEC International-Bemax-BB Solar-Permonte has been picked as the best bidder for an environmental reconstruction of thermal power plant TPP Pljevlja, a project that will enable the Pljevlja power generation and coal mining complex to operate for the next 20 to 30 years, according to a statement from state power utility Elektroprivreda Crne Gore […]
Sunny Roofs – Serbia’s first energy cooperative
Citizens of Šabac have founded the first energy cooperative in Serbia, called Sunny Roofs. The cooperative will soon launch a crowdfunding campaign for its first project, the installation of a solar photovoltaic (PV) plant on the roofs of public heating utility Toplana-Šabac. Energy cooperatives have become an increasingly common model for citizens’ involvement in energy transition […]
Final deals inked for Crete’s power link to mainland
A EUR 365 million undersea electric cable between Greece’s largest island and the southeastern tip of the Peloponnese peninsula is set to come online next year. Independent Power Transmission Operator SA said the accompanying contracts for the interconnection between Crete and the mainland were signed on October 25 with Intrakat and Elektromek-Nari. The entity, which […]
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