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 […]
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 […]
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 […]
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. […]
Electricity consumption in Romania increases by 8.5%
As local companies used 10.6% more energy, electricity consumption rose 8.5% in the first quarter of the year, data from the National Statistics Institute (INS) showed, according to a report published by Romania Insider. Public lightning was up 1.8%, while individual consumers used 2.4% more electricity. Total production rose by 0.3% year on year, to […]
Supporting scheme for green power amended
Predicting energy generation output in advance will make Turkish electricity market more secure, Mustafa Yılmaz, head of Energy Market Regulatory Authority (EMRA), told Anadolu Agency. According to the recently revised legislation on power plants called the Supporting Mechanism for Renewable Energy Resources, or Yekdem scheme, the electricity registered in the system can be sold on […]
Hydropower plant Perućica beats quarterly production plan
Successful generation results marked the first three months of this year in the oldest large-scale power plant in Montenegro. Hydropower plant Perućica delivered the first volumes of electricity to the electrical power system in May 1960. It was named after well Perućica in its immediate vicinity. Around 385.5 GWh of electricity was generated in the […]