New venture Metka EGN expands solar portfolio
Mytilineos group member Metka SA announced the establishment of a new subsidiary firm, Metka EGN, through a joint venture with the Egnatia Group, with the aim of bolstering its portfolio, including in the solar energy market. The international engineering, procurement and construction contractor (EPC) and industrial manufacturing group, active within the energy, infrastructure and defense […]
Hidroelectrica throws discount in sale of SHPPs
Hydro facilities with a total installed power of 25.7 MW are set to be sold at auctions from November 23 to 26, Hidroelectrica SA said. The biggest state-owned power producer announced the small hydropower plants (SHPPs) will be priced with a reduction of RON 13 million (EUR 2.94 million) or 20% in comparison to previous […]
Italian investor starting pellet production in Srbac
Geo. Pellet d. o. o., registered in Banja Luka and run by investors from Padua and Trieste, is planning to open a pellet factory in the municipality of Srbac, located at Bosnia and Herzegovina’s northern border. Glas Srpske newspaper’s portal said the facilities of G&A Koligas d. o. o., former Greek investment in the village […]
Transmission operator connects to Continental Europe
Kostt, the operator of Kosovo’s* power system, signed a connection agreement on October 1 with the 29 transmission system operators of the Continental Europe regional group of the European Network of Transmission System Operators for Electricity (Entso-E). Teiaş and OST sh. a., respectively the Turkish and Albanian transmission system operators, which have recently reached similar […]
EBRD seeks consultant firm for line MidSEFF III
By providing up to EUR 500 million for lending to mid-sized investments (EUR 5 million to EUR 50 million) in renewable energy and resource efficiency, the European Bank for Reconstruction and Development is building its credit line MidSEFF III on the achievements of the previous phases. The bank published a procurement notice for engagement of […]
Nadeau: Green energy still has competitive edge
Renewables are still competitive despite low oil prices, and they can be key for access to electricity in poor areas, Marie-José Nadeau, chairwoman of the World Energy Council, told Anadolu Agency’s Energy Terminal on the first day of October. The drop in prices of crude has caused some minor energy companies to halt their investments […]
Solarpro Holding turns to consolidated net profit
Bulgarian provider of products and services for the solar industry Solarpro Holding reported a consolidated net profit of BGN 831,000 (EUR 425,000) in the first three months of 2015, compared to a net loss of EUR 660,000 million a year earlier, SeeNews said. The company’s sales revenues more than halved to EUR 840,000 in the […]
Solarpro Holding turns to consolidated net profit
Bulgarian provider of products and services for the solar industry Solarpro Holding reported a consolidated net profit of BGN 831,000 (EUR 425,000) in the first three months of 2015, compared to a net loss of EUR 660,000 million a year earlier, SeeNews said. The company’s sales revenues more than halved to EUR 840,000 in the […]