Romanian Hidroelectrica not insolvent, IPO to follow soon
Hidroelectrica, Romania’s largest power producer is officially solvent, as stated in the final court decision. This move will enable stock-market trade with Hidroeletrica’s shares. Court’s decision is final, and it will unblock Initial Public Offer (IPO) sale of 15% of company’s share. Remus Borza from Euro Insol, court appointed administrator of Hidroelectrica, expects that this share […]
PV system for women’s shelter waits ministry approval
High school Emmanouel Kriaras in Thessaloniki ceded its roof for a 10 kW PV solar panel installation in an inaugural project launched by the central municipality and Greenpeace Greece. Power from the system is intended for covering the needs of a sanctuary for women and children who are victims of family violence. The virtual net […]
Syriza dissenters slam plan to sell chunk of PPC
Conflicting statements are making their way to the media, as Greek officials and representatives of international creditors give different assessments on how close the bailout agreement is before the target technical level deal on April 7. Besides pensions and workers’ rights, the disputed mid-term measures concern the unbundling of the energy market. The government in […]
The biggest solar power plant in Turkey to be built by Turkish – South Korean consortium
Solar power plant of 1 GW will be installed in Karapınar Renewable Energy Resource Area (YEKA). The tender bid was won by Kalyon-Hanwha group consortium, offering the lowest price of EUR 0,0699 per kWh. Total value of this project is USD 1.3 billion. There were 4 consortiums competing in the tender bid for a solar […]
Cutting edge software and home-grown brains put Serbian Schneider Electric DMS on top of the world
Author: Zoran Vidić Schneider Electric DMS is a company from Novi Sad, Serbia, dedicated to research, development and engineering in the field of electric power system management. It is recognized worldwide for its cutting edge ADMS software, which effectively positions it as the most successful Serbian IT company and one of the most prominent in […]
Green certificates for two HEP hydropower plants
Croatian energy regulatory body (HERA), assigned green certificate to two hydropower plants of Croatian state-owned power utility (HEP) earlier this month. The green certificates provide them with a status of privileged producer of electricity from renewable energy sources. However, these two hydropower plants, HPP Orlova and HPP Dubrava, even with green certificate, are not be entitled to receive […]
Greek Government prepares legal framework for energy cooperatives
Draft bill which will permit establishment of energy cooperatives should be finalized next month. With that act, consumers will be entitled to become shareholders in energy ventures. Drafting of the future bill on energy cooperatives is going smoothly, according to Greek portal energypress.eu. The Ministry of Energy is working on this with RAE, the Regulatory Authority for […]
Landfill gas in Rijeka – source for electricity production
Landfill gas-to-electricity facility has been completed in Viškovo, near Rijeka in Croatia. The cost of the investment in new plant was EUR 1.3 million, and it is located on the former “Viševac” landfill site. Landfill gas-to-energy facility started probes in September 2016, while the full-time operations have been launched in January 2017, according to the Croatian […]