Hungarian MAVIR offers help to Bosnia and Herzegovina in organizing electricity market
Hungarian transmission system operator MAVIR has offered help to Bosnia and Herzegovina with the institutional organization of the energy sector, especially in organizing the electricity market. MAVIR CEO Kamilla Csomai has recently visited Bosnia and Herzegovina and discussed cooperation in electricity supply and the implementation of European Union directives with local officials. The meetings that […]
Serbia plans to shut down eight thermal power plant blocks by 2023
Serbia plans to shut down eight thermal power plant blocks by 2023 and develop renewable energy capacities, but it still plans to heavily rely on the coal, the Program for Serbian Energy Strategy’s implementation in the period 2017-2013, says. The Program for the implementation of the Energy Development Strategy of Serbia (POS) determines the conditions, method, […]
EBRD calls for consultant to help raise awareness about sustainable electricity use in Western Balkans
The European Bank for Reconstruction and Development (EBRD) has issued an invitation for the engagement of a consultancy firm to help increase civil society capacity and public awareness about benefits of sustainable electricity, energy consumption practices and improvements of electricity system in Western Balkans countries. The deadline for submission of expressions of interest is August […]
EIB loan for three new wind farms in Greece
The European Investment Bank (EIB) said it has approved a loan of EUR 24 million for three wind farm projects in Greece. The loan will be used by the Terna Energy company to set up and operate the three wind farms in the central Greece region of Viotia. Part of the loan was secured by […]
Senvion makes second Western Balkans deal in Croatia
The German wind turbine maker Senvion has contracted the first delivery of five of its turbines for a wind farm in Croatia. The turbines will be sold to the Croatian Vjetroelektrana Orjak company for the Greda wind farm in the south of that country. Senvion said in a statement that the contract called for five […]
Igor Noveljić appointed new executive director of Montenegrin power company EPCG
Former State Secretary at the Ministry of Economy of Montenegro Igor Noveljić has been appointed executive director of Montenegrin power company, Elektroprivreda Crne Gore (EPCG). On July 20, the EPCG Board of Directors accepted resignations submitted by outgoing executive director Tonino Maglio and three other Italian executives. They submitted the resignations in early July after […]
Blocking of A2A shares will not affect EPCG’s takeover, says Montenegrin government
The High Court of Montenegro has blocked shares of the Italian company A2A in Montenegrin power company, Elektroprivreda (EPCG), due to the legal procedure which has been conducted against several former managers of the company. The Montenegrin authorities claim that this will not jeopardize the takeover procedure launched in early July. A2A officially launched the […]
Chinese CWE presents offer for construction of HPP Dabar to Republic of Srpska Government
China International Water & Electric Corporation (CWE) has presented an offer for the construction of the hydro power Dabar (HPP Dabar) in the Republic of Srpska (RS), which contains financial proposal for covering 85 percent of costs. The representatives of the Republic of Srpska and CWE signed in December 2015 the Memorandum of understanding for the […]