MK Fintel Wind secured loan for Košava wind farm
MK Fintel Wind has announced that it has secured EUR 81.5 million for the completion of Košava Phase 1 wind park near Vršac in Serbia. MK Fintel Wind is owned by Italy’s Fintel Energia Group and Serbia’s MK holding, whose owner is businessman Miodrag Kostić, has already built two wind farms in Serbia. The construction […]
Public call for registration of electricity generation projects from RES and CHP
The Slovenian Energy Agency has announced a Public call for submission of projects for production facilities for electricity production from renewable sources (RES) and high-efficiency cogeneration (CHP), for entering the support scheme. The subject of this public invitation is the selection of projects for new or renewed production facilities for RES and CHP. For electricity […]
Montenegro to buy part of transmission network from Krnovo wind farm
The Government of Montenegro has decided to purchase a part of the power transmission infrastructure which France’s Akuo Energy has built for its Krnovo wind farm. A European Union grant of EUR 5.8 million has been secured for the transaction. The 110/35 kV Brezna substation with a connection to the existing Nikšić-Brezna transmission line, as […]
MEPSO to rehabilitate 100 km-long power network
Electricity Transmission System Operator of Macedonia (MEPSO) has announced a call for EUR 14 million tender over construction of four new 110 kV transmission lines over a 100 km-long power network. The tender is open to companies from all over the world. Deadline for applications is April 16. Tenderers may bid for all 4 lots. […]
Bulgarian PM has accepted Energy Minister resignation over CEZ deal
Bulgarian Prime Minister Boyko Borisov accepted the resignation of Energy Minister Temenuzhka Petkova who decided to quit her position in order to avoid all doubts about her possible influence in the CEZ deal. Earlier last week, Czech power utility CEZ agreed to sell its Bulgarian assets to the Bulgarian company Inercom, the small family-owned business […]
Regional electricity markets’ outlook for the near future
Author: Dejan Drašković, Chief Operating Officer, Montenegrin Power Exchange Since their emergence, power exchanges have become staunch promoters of market development: neutral entities advocating transparent electricity price formation, based on the current supply and demand. In order to find and secure liquidity, exchanges quickly started taking part in cross-border projects so as to carry out market […]
Network of fast charging stations for electric vehicles in Romania and Croatia
The Romanian renewable energy company Renovatio and Croatia’s telecommunications services provider Hrvatski Telekom said that they will install the first 23 fast charging stations for electric vehicles in Romania by the end of 2018 marking the start of a project to set up a network of 69 fast charging stations and 4 ultra-fast charging stations in the […]
Hidroelectrica launches tender for retrofitting of HPP Vidraru
Romania’s Hidroelectrica has launched the international public tender for the refurbishment of the hydro-power plant Vidraru. The estimated value of the project is EUR 78.98 million (without VAT), to which can be added maximum EUR 1.75 million of unanticipated expenses. The largest energy producer in Romania said it its statement, published by Romanian media, that the […]