Investment in hydro plant operator vehicle planned by EBRD
European Bank for Reconstruction and Development said it is considering an equity investment of up to USD 35 million (EUR 30.73 million) to acquire up to a 20% stake in holding company HoldCo, a vehicle to be established as a 100% owner of five operating run-of-the-river hydropower plants (HPPs) currently owned by Rönesans Enerji and […]
Agreements for construction of 19 small hydro facilities
After the completion of the sixth round of concession granting procedure, the Ministry of Environment and Spatial Planning of Macedonia signed agreements with 12 investors for the construction of 19 small hydropower plants, Republika.mk said. The one-time concession fee is MKD 150 million (EUR 2.44 million). The contract expires after 23 years, including three years […]
Formal launch of works on Krnovo wind power plant
Montenegro’s Krnovo Green Energy has marked the official start of construction works on the 72 MW Krnovo wind power plant with an estimated investment value of EUR 120 million, SeeNews portal cited local media reports. The consortium of France’s Akuo and Austria’s Ivicom has been awarded a permit to build the wind park. Krnovo Green […]
Regional Alterenergy platform network enhances Renexpo
Small and medium enterprises from the Adriatic region, engaged in the sectors of energy saving and renewable energy, met in April at the Renexpo Western Balkans fair in Belgrade, during the business meeting opened with the Alterenergy strategic project – funded within the IPA Adriatic Cross-border Cooperation Programme 2007–2013, Alter-energy.eu website reported. There were more […]
First round of infrastructure projects receives EU funding
Innovation and Networks Executive Agency (INEA) has signed 15 grant agreements for priority energy infrastructure projects, the first of 34 to receive a total of EUR 647 million under the European Union’s Connecting Europe Facility 2014 call for proposals, Investment.albaniaenergy.org portal said. The presentation of Albanian Centre for Energy Regulation and Conservation – Acerc, reported […]
Power producer Hidroelectrica to invest EUR 1.8 billion
An investment budget of EUR 1.3 billion for 2015-2020 has been set by power producer Hidroelectrica, Romania-insider.com portal reported. About EUR 450 million are for the ongoing projects in Racoviţa, Bretea, Răstoliţa, Siriu-Surduc, Dumitra-Bumbeşti. Hidroelectrica will also invest EUR 350 million to refurbish four high capacity hydropower plants, namely Stejaru, Vidraru, Râul Mare – Retezat […]
Reservoir Advances Construction Permitting for Brodarevo
Brodarevo hydropower projects on the Lim river in Serbia’s southwestern region secured several positive opinions from relevant authorities, Reservoir Capital Corp. said. State-controlled institutions that issued the documents included the transmission company Elektromreža Srbije (opinion and conditions for the connection of Brodarevo 1 and 2 to the transmission network), water management company Srbijavode (opinion on […]
Hellenic Wind Energy Association joins GWEC
Global Wind Energy Council (GWEC) welcomed the Hellenic Wind Energy Association (HWEA) as a new member of its circle of members promoting wind energy. HWEA, known in Greek as Eletaen, was founded in 1990 by 50 wind energy pioneers including Arthouros Zervos, Dimitris Lalas and Ioannis Tsipouridis. Today, HWEA’s membership boasts over 400 wind energy […]
