Fintel Energija decides to raise up to EUR 27.5 million through IPO
Fintel Energija’s shareholders have reached a decision on a RDS 3.5 billion (EUR 27.5 million) capital increase through the initial public offer (IPO) the renewable energy company plans on the Belgrade Stock Exchange. The IPO is to be carried out through a listing on the prime segment of the Serbian stock exchange’s regulated market. “The […]
Biogas CHP plant in Botoš could be 1st facility in Serbia to harness waste heat
A biogas combined heat and power plant (CHP) in the Vojvodina village of Botoš could be the first facility in Serbia to start using waste heat, to provide heating to local public and other facilities, according to reports. The facility could take this step with the support of the Serbian Ministry of Environmental Protection, the […]
World Bank provides technical assistance to Serbia for more efficient EPS
The World Bank will provide technical assistance to the Government of Serbia to improve the performance of the Serbian power utility Elektroprivreda Srbije (EPS). The agreement on providing Reimbursable Advisory Services (RAS) to EPS was signed by Cyril Muller, World Bank Regional Vice President for Europe and Central Asia, and Dušan Vujović, Serbian Minister of […]
Bulgaria to add 647 MW in installed capacity, RES contribute with 401 MW
Bulgarian electricity transmission system operator ESO has announced its plan to add additional installed capacity of 647 MW by 2027. Renewable energy will be accounted for 401 MW. The forecast is based on ESO’s ten-year plan for the development of the electricity transmission network. This is expected to increase the country’s annual electricity production to […]
Bulgaria, Macedonia to complete day-ahead market coupling by Q2 2019
Bulgaria and former Yugoslav Republic of Macedonia signed a Memorandum of Understanding (MoU) on the Day-ahead market (DAM) coupling which foresees the market coupling to be concluded by Q2 2019. Independent Bulgarian Energy Exchange (IBEX) EAD signed a MoU on DAM coupling with the Electricity Transmission System Operator (TSO) of Macedonia (MEPSO), Energy Regulatory Commission […]
Ministry preparing new package of incentives for renewable energy
The decree on incentive measures for renewable energy sources expires at the end of this year, and the Ministry of Mining and Energy is already working on a new package of measures. It is difficult to say what will be the outcome will be, though we will seek to integrate two models – feed-in tariffs […]
Croatian HOPS announces new Management Board
The new chairman of the Management Board of the Croatian electricity transmission system operator HOPS is Mario Gudelj, while Ivica Modrić and Zlatko Visković have been appointed as new board members. The appointment of new management board members came after the regular termination of the mandate to the former board members – Miroslav Mesić (chairman), […]
Greek PPC approved acquisition of regional power trading company EDS
Greek Public Power Corporation (PPC) approved the acquisition of Energy Delivery Solutions (EDS), electricity trading and supply company in former Yugoslav Republic of Macedonia (FYR of Macedonia). The approval comes three months after PPC said that it is close to acquire EDS. “PPC’s Board of directors after completing all the required economic and legal affairs […]