Tendering process open for hydro plant Bočac 2 construction

Company Hidroelektrane na Vrbasu (HEV) a. d. Mrkonjić Grad, hydropower plant operator from the west of Republic of Srpska entity, published a tender for the construction of Bočac 2 facility on Vrbas river. The estimated value of the construction works project is BAM 17 million (EUR 8.7 million), while the overall expenses, according to earlier […]

News May 12, 2015

Contract signed for small biomass plant in Sisak

Kristina Ikić Baniček, mayor of Sisak, signed a contract with Zagreb-based EPI Consulting, which is working in cooperation with foreign partners to construct a series of small biogas power plants in Croatia, starting with the town of just under 50,000 people, 50 kilometers southeast of the capital, national broadcaster HRT reported. The plant will employ […]

News May 11, 2015

KESH to clear debts to hydro plant operators by end-June

Albanian Power Corporation (KESH), state-owned power utility, will clear its debts to private hydropower plants within the first half of this year, according to the Ministry of Energy and Industry (MEI), Albanian Telegraphic Agency reported. The remaining total arrears of less than ALL 2 billion (EUR 14.2 million) will be settled by the corporation’s finance […]

News May 11, 2015

KfW willing to support hydro projects and energy efficiency

Prime Minister Milo Đukanović met in Berlin with senior officials of KfW Development Bank Christoph Tiskens and Kirk Mildner, Government of Montenegro said on its website. One of Germany’s leading banks is willing to strongly support Montenegro’s development, the KfW’s representatives said. In that context, the meeting addressed future cooperation mechanisms and assistance to build […]

News May 6, 2015

Interest-free loans in Société Générale for Ceresit facade

Henkel’s Ceresit brand agreed with Serbian branch of Société Générale bank to launch a second subsidized consumer loan programme for the purchase of company’s facade material, BetaOMS advertising service said. The energy efficiency initiative brings zero interest rate during the cycle of 12 months, and the material can be bought in Ceresit Mix shops. The […]

News May 5, 2015

Government supports 28 large PV projects this year

Turkey’s economy ministry has decided to support solar energy investment incentives, following promises made by the governing Justice and Development Party (AKP), TRT World portal reported. The government gave 28 incentive certificates for solar energy, out of 35 overall energy production projects this year, according to its regular data release in February. The country has […]

News May 5, 2015

Electricity, heating power price hike inevitable as of July

Bulgarian Energy Forum chairman Ivan Hinovski told radio Focus that the rise of electric power and heating prices of July 1 is inevitable, Energy World magazine’s portal reported. He added that the hike is reasonable as there are accumulated disproportions in the price of various products in the energy sector. “Heating power subsidizing is crosswise […]

News May 5, 2015

Albania awards two electricity trading licences

National energy regulator said it has awarded an electricity trading licence to local companies Green Energy Trading Albania and GAEA-Energjia Alternative e Gjelbër, SeeNews portal reported. The licence allows the company to operate as electricity trader in Albania for a five-year period, the energy regulator said in a statement posted on its website. The decision […]

News May 5, 2015