Bulgarian PM proposes electricity transmission JV with Montenegro, possibly Serbia
Bulgarian Prime Minister Boyko Borissov has proposed for Bulgaria and Montenegro to set up a joint venture for electricity transmission, possibly with participation from Serbia, according to local media. Borissov, who made the proposal during his recent visit to Montenegro, where he met Montenegrin Prime Minister Duško Marković and other officials, was quoted as saying […]
Čibuk 1, Serbia’s largest wind farm, set to start production “earlier than initially planned”
Čibuk 1 has reached a number of key milestones and is on schedule to start production in early 2019, according to a press release from the United Arab Emirates’ (UAE) Masdar, the majority stakeholder in Tesla Wind, which owns Vetroelektrane Balkana, the project company behind Čibuk 1, set to become Serbia’s largest wind farm. GE […]
KEDS introducing 20 kV overhead lines to cut network losses, improve security of supply
Distribution system operator KEDS has been building new 20 kV overhead lines and upgrading existing 10 kV lines to 20 kV, with the aim of reducing network losses and improving the security of electricity supply in Kosovo*, according to a press release on KEDS’ website. KEDS said overhead lines (OHLs) of 20 kV are being […]
EIB issues first Sustainability Awareness Bond as Bankwatch urges it to shift away from fossil fuels
Just as the European Investment Bank (EIB), heavily present in South-East Europe (SEE), issued its first, EUR 500 million Sustainability Awareness Bond, CEE Bankwatch Network, one of the largest networks of environmental civil society organizations (CSO) in Central and Eastern Europe, unveiled a report calling on the lender to shift away from financing fossil fuels […]
HPP Bogatići Nova put into operation after EUR 9.45 million investment
Power utility Elektroprivreda Republike Srpske (ERS) has put into operation hydropower plant (HPP) Bogatići Nova, with an installed capacity of 9.96 MW, built in an investment of BAM 18.5 million (about EUR 9.45 million). HPP Bogatići Nova, on the Željeznica River near Sarajevo, should generate an average of 46.26 million KWh of electricity a year, […]
Industry association expects major deployment surge as EU removes trade duties on solar panels from China
Now that the EU’s trade measures on solar panels from China have expired, Brussels-based industry association SolarPower Europe expects a major solar deployment surge across the bloc, based on a 2017 study from the European Commission’s Directorate-General for Justice and Consumers (DG JUST). Following the European Commission’s decision not to extend the anti-dumping and anti-subsidy […]
KfW signs EUR 1.1 million financing agreement to help prepare Bitovnja wind farm project
German development bank KfW and public power utility Elektroprivreda BiH (EPBiH) have signed a EUR 1.1 million financing agreement for the preparation of the Bitovnja wind farm project, one of the key renewable energy facilities envisaged to be built under the company’s long-term development plan, according to a media release from EPBiH. The funding for […]
200-MW-plus Briska Gora solar project draws three bids
A project to build a solar power plant with an installed capacity of more than 200 MW on the Briska Gora locality has attracted three bids – from a consortium of Finland’s state energy company Fortum and Montenegro’s state power utility Elektroprivreda Crne Gore (EPCG), Chinese-Maltese International Renewable Energy Development Limited (IREDL), and the Montesolar […]