Infringement against five states for missing deadlines
The European Commission launched infringement procedures (reasoned opinion) against Romania, Austria, Croatia, Ireland and Latvia, as these countries failed to ensure the full transposition of the Energy Efficiency Directive, Business-review.eu reported. The directive had to be transposed into national law by June 5, 2014. If the member states do not comply with this obligation within […]
Security cooperation initiative for Southeastern Europe
Transmission system operators of Serbia, Bosnia Herzegovina and Montenegro have set up Southeastern Europe’s first regional security cooperation initiative (RSCI), European Network of Transmission System Operators for Electricity (Entso-E) said on its website. On April 21 the general managers of PE EMS (Belgrade) and NOS BiH (Sarajevo), Nikola Petrović and Josip Dolić respectively, and the […]
Japanese CIS modules to power five solar power plants
Solar Frontier Europe, a subsidiary of the world’s largest CIS solutions provider, has signed a 23 MW module supply agreement with Konar Energy of Turkey at Solarex 2015 in Istanbul. The parent company said it will be supplying its proprietary CIS thin-film modules, manufactured in Japan, for five upcoming solar power plants in Turkey. Module […]
Minister confirms delay in electricity market liberalization
The government remains on the decision to delay the electricity market liberalization, economy minister Bekim Neziri said, as quoted by MINA agency’s Macedoniaonline.eu portal. “Full liberalization of the electricity market in Macedonia would lead to an increase in the household electricity price. Even the current prices are high for citizens, and therefore we remain on […]
New Generation Power International announces joint venture
Global independent power producer New Generation Power International (NGPI), headquartered in the United States, announced a joint venture with Yılsan Holding, Mineks International and DCM Energy to develop, own and operate a 100 MW geothermal project in Turkey. Turkey has previously stated its goal to source 30% of its power needs from renewable energy, including […]
Reforms, forest quality conversion needed for biomass suply
Official information from public sources about forests in Serbia, most importantly from the national inventory from nine years ago, has a lot of discrepancy and data varies very much, even up to six times in some important categories, said Nenad Petrović, a docent at Faculty of Forestry in Belgrade. One of the main reasons, in […]
IFC investment in ABank for SMEs’ energy efficiency
IFC, a member of the World Bank Group, announced a USD 97 million (EUR 85.17 million) financing package to ABank, to increase lending to energy efficiency and renewable energy projects in order to boost sustainable energy investment in Turkey and support micro, small, and medium enterprises, which are essential for economic development and job creation. […]
HEP, EPS eye acquisitions abroad, EPCG possible target
Croatian state-owned power utility HEP and its Serbian peer EPS are eyeing acquisitions abroad and Montenegrin energy firm EPCG is seen as a possible target, Zagreb-based news daily Večernji list said, as reported by SeeNews portal. The Montenegrin government is the majority owner of EPCG with a 57% stake while Italian company A2A owns 41.75%. […]