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 […]
Energy savings target for 2020 set at 14.5%
The government has set an energy savings target of 14.5% for the year 2020, a senior energy ministry official told the members of parliament, Cyprus Mail’s portal reported. Every percentage point in energy savings currently corresponds to EUR 10 million, said Stelios Chimonas, permanent secretary of the Ministry of Energy, Commerce, Industry and Tourism of […]
IBEX power market starts in December?
The Bulgarian energy exchange, a basis for the full liberalization of the country’s market, may be launched in early December. Most of all, this is strengthening competition between producers and traders, said Ivan Ivanov, chairperson of the Energy and Water Regulatory Commission (EWRC). “In the second place, this is the free choice of the consumers, […]
Industry invests in energy efficiency measures
Reduction of energy consumption in manufacturing through investments in new technologies and products was one of the most important topics of a conference organized by the Delegation of German Economy (AHK) in Serbia and the Federal Ministry of Economic Affairs and Energy. Professionals from business areas and responsible institutions in Serbia and Germany presented examples, […]
Abu Dhabi mulls funding pellet production
Factory Vektra Jakić, located in Pljevlja in Montenegro’s north, is a potential user of loans from the Abu Dhabi Fund for Development. Owner Dragan Brković said credit support would enable the launch of pellet production, completing the primary cycle in a lumber system, according to a statement by the Ministry of Agriculture and Rural Development. […]
Alstom joins submarine cable project
Installation of undersea interconnection between Montenegro and Italy will include Alstom, according to an article by Dnevne novine. Portal CdM reported the French company was hired by Toshiba T&D Europe, which is responsible of constructing two conversion stations in Pescara in Italy and Kotor in Montenegro. Alstom will design and install its high voltage direct […]
