EBRD mulls equity investment in Turkish renewable energy business
The European Bank for Reconstruction and Development (EBRD) is considering an equity investment, in the form of capital increase, in Turkish renewable energy firm Ictas Yenilenebilir Enerji Uretim ve Ticaret. The portfolio of the renewable energy firm, a unit of IC Ictas Enerji Yatirim Holding, consists of around 400 MW of operational hydropower plants and […]
Romania deploys its section of 400 kV Resita-Pančevo electricity interconnector
Romania’s electricity transmission company Transelectrica has launched a double-circuit 400 kV electricity transmission line between Resita in Romania and Pančevo in Serbia, under an investment worth some EUR 18 million (RON 81.5 million). Construction work on the overhead line (OHL) started in October 2014, and the Romanian section is 63 kilometers long, with 206 transmission […]
Concession proposed for Suzlon to build, operate 25.2 MW wind farm
The Sarajevo Canton government has adopted a decision for a concession to be awarded to Suzlon Wind Energy BH, a subsidiary of India’s wind turbine supplier Suzlon Energy, to build and operate a 25.2 MW wind farm, according to reports. The final decision on the wind farm concession should be made by the canton’s parliament, […]
Macedonia, Bulgaria ink MoU to develop regulatory basis for day-ahead market coupling
The former Yugoslav Republic of Macedonia and Bulgaria have signed a memorandum of understanding (MoU) on electricity day-ahead market coupling, as part of plans to complete the coupling in the second quarter of 2019. The MoU, inked by Macedonian Minister of Economy Kreshnik Bekteshi and Bulgarian Minister of Energy Temenuzhka Petkova, is aimed at creating […]
Feed-in premiums, auctions seen replacing “obsolete” feed-in tariff model
The feed-in tariff model of incentives for renewable energy production is obsolete, and the next step will be the introduction of feed-in premiums and auctions, said Miloš Banjac, assistant energy minister for renewable energy and energy efficiency. Banjac, however, did not specify which subsidy mechanism will be in place after the existing decree on feed-in […]
Montenegro pays EUR 68.9 million to raise stake in power utility EPCG
The Montenegrin government has paid EUR 68.9 million to Italy’s A2A to increase its holding in power utility Elektroprivreda Crne Gore (EPCG) from 57.01% to 70.16%. With this move, Montenegro returned its ownership in the company to the level before partial privatization and recapitalization carried out in 2009. The number of shares acquired to boost […]
New platform launched to improve donor coordination in Energy Community
The Energy Community (EnC) Donor Coordination Platform has been launched by the community’s Secretariat as the first online platform to feature the key donor programs across all the EnC Contracting Parties and observer countries, according to a statement from the Secretariat. The main purpose of the platform, which covers all sectors included in the EnC […]
PowerUp! competition of energy start-ups organized for first time in Serbia
In cooperation with Startit and the European company InnoEnergy, PowerUp! competition will be organised for the first time in Belgrade, Serbia, on the 22nd of May. The most successful Serbian start-ups in the field of energy will be presented at this event, while the best ones will have an opportunity to win an investment worth […]