HROTE to trade green power on CROPEX from next year

Croatian Energy Market Operator (HROTE) confirmed to SeeNews it will start trading large amounts of electricity from renewable sources on the country’s power exchange CROPEX in the beginning of next year. In line with the Law on Renewable Energy Sources and Highly Efficient Cogeneration adopted in parliament in September, HROTE will act as a balance […]

News May 20, 2016

CGES seeks forecast services for wind power facilities

Montenegro’s government-controlled power transmission system operator Crnogorski Elektroprenosni Sistem a.d. (CGES) published a call for offers for installation and maintenance of a system for forecasting electricity generation of wind power plants Krnovo and Možura. The service is planned to be performed at the location of the supplier (host system) and includes providing data on registered […]

News May 19, 2016

Expatriates build small photovoltaic plant near Žepče

Company Praha d.o.o., founded by Rajko Đuričić, who left Bosnia and Herzegovina for the Czech Republic during the war with his wife Ljiljana, launched a 150 kW solar power station in the community of Brankovići near Žepče. The site in the central part of the country saw an investment of EUR 250,000, which took four […]

News May 19, 2016

EBRD mulling EUR 15 million loan for grid, smart meters

Dependent enterprise (ZP) Elektrokrajina a.d. Banja Luka, the biggest distribution within utility holding Elektroprivreda Republike Srpske (ERS) Trebinje, is expecting approval from the board of the European Bank for Reconstruction and Development for a loan worth EUR 15 million. The target date is September 7, the financing institution said, adding it is considering the endeavour […]

News May 18, 2016

Works on Možura wind power plant about to be launched

Successful implementation of the wind power plant project of Možura should be an additional incentive for the dynamics and diversification of relations between Montenegro and Malta, Milo Đukanović said. The prime minister of Montenegro came to the island country for a return visit and met his counterpart Joseph Muscat. The Možura endeavour is first of […]

News May 18, 2016

Chronic delays in four green power projects

Out of six major energy endeavours stuck in development in Macedonia, three are in the area of hydropower and one is for a gigantic photovoltaic facility at Bitola, according to an analysis published by Build.mk portal. The solar power plant project in the south of the country was started in 2010 with work on a […]

Electrica lifts profit by 12% year on year in first quarter

Romanian power supplier and distributor Electrica Group posted net consolidated profits of RON 142 million (EUR 31.5 million) in the three months through March, up by 12% from the same period of the previous year. According to the company’s press release, EBITDA was also increased by 12%, to EUR 57.3 million. Operating profit in the first quarter […]

News May 16, 2016

MEPSO working on last stage of Skoplje–Tetovo powerline

State-owned company Electricity Transmission System Operator of Macedonia (MEPSO) has started works on the last stage of 110 kV powerline linking Skopje and Tetovo, news agency MIA reported. The whole project is worth EUR 3.5 million, the company said in a statement. The new powerline will replace the old one, in use for 60 years. […]

News May 13, 2016