District heating operators’ debt rises threefold
Repairs started on June 1 in district heating plants in Serbia and most of the companies operating the facilities are heavily indebted, daily Večernje novosti reported. In just two months, total liabilities soared from RSD 8 billion (EUR 66.3 million) to EUR 190.6 million, mostly because of loan instalments due for payment after a year […]
World Bank interested in energy projects?
Minister of economic development Blerand Stavileci visited Washington, conducting separate meetings with heads of the World Bank and senior officials of the State Department, with a focus on economic development, namely energy sector projects, the ministry said. As part of this visit, Stavileci met senior officer of the World Bank, including Kyle Peters – deputy […]
Elektroprenos has EUR 153.3 million for investments
State-run power transmission system operator Transco (Elektroprenos-Elektroprijenos Bosne i Hercegovine a.d. Banja Luka) has BAM 300 million (EUR 153.3 million) available for investments in the energy system in 2015, SeeNews quoted local media. The utility has already concluded contracts worth a total of EUR 28.1 million and currently has ongoing tenders in the amount of EUR 61.31 […]
JinkoSolar of China to supply panels to Else Enerji
Photovoltaic modules of 20 MW are to be delivered to Else Enerji by October, JinkoSolar Holding Co., Ltd. said. Else Enerji provides consultancy, planning, engineering, construction, operation and maintenance services for projects in Turkey. The customer majors on solar projects in Turkey and is still growing rapidly, the press release on JinkoSolar’s website said. „This […]
Financial construction inked for solar units takeover
Canadian investment vehicle Transeastern Power Trust issued a statement reporting it agreed to take over two solar parks in Romania from RG Renovatio Group Limited. The price is about USD 9.6 million (EUR 8.45 million), based on prevailing exchange rates and not accounting for debt, the buyer said. A portion is payable by the issuance […]
Srbac in talks to build a heat and power unit
After a return visit of a Luxembourg investment fund’s representatives to the Municipality of Srbac, located at the northern border with Croatia, financial support was announced from the Grand Duchy to start two enterprises, one of which would produce electricity and heat, and the other one vegetables in greenhouses, Radio Srbac said. When municipality chief […]
Works begin in IPA-financed street lighting project
Municipal public enterprise Varoš from the town of Vršac in Serbia’s northeast awarded a work contract to Tehnika AD for investment maintenance of public lighting with financial assistance from the Romania–Serbia IPA Cross-border Cooperation programme of the European Union, eVršac portal said. Almost 800 mercury-vapor lamps shall be replaced by LED and sodium-based ones, one […]
EMS seen expressing interest for SEE CAO services
State-owned power grid operator EMS (Public Enterprise Elektromreže Srbije) is expected to express interest by the end of June in using the services of the Coordinated Auction Office in South East Europe (SEE CAO), SeeNews reported. EMS is expected to officially express the interest, including definition of the borders with SEE CAO shareholders that should […]
