Power trade surplus reduced by 18.9% last year
Data published by the Agency for Statistics of Bosnia and Herzegovina said 7.85% less electrical energy was supplied abroad last year than in 2014. The value amounted to BAM 284.4 million (EUR 145.4 million). The surplus fell by 18.9% on the year to EUR 91 million. Exports held at the level from the previous year […]
VEC Energia acquired by Energo-Pro
The deal for the full acquisition of VEC Energia Holding EAD, the second in scale private hydropower plant operator in Bulgaria, was completed by Energo-Pro Bulgaria EAD. The shares were transferred on January 30 and Energo-Pro stepped in as the sole shareholder of VEC and the six hydropower plants, owned by the company directly and […]
Energoinvest from BiH completes overhead power line
The inauguration of 110 kV project Albania’s South Ring and the launch of an overhead power link were held in Vlora in Albania’s south, Oslobođenje portal from Sarajevo reported. Energoinvest d. d. from Bosnia and Herzegovina was the contractor, and German KfW Development Bank supported the project. The power line was completed in less than […]
HERA issues permit for wind power plant Rudine
Vjetroelektrana Rudine d. o. o., operator of 34.2 MW wind power plant at Lisačke Rudine near the Croatian coastal city of Dubrovnik, received a five-year power generation permit from the Croatian Energy Regulatory Agency (HERA) together with a decision to be granted the status of eligible producer for a period of 25 years. The facility […]
Project Migrate works on Europe’s future power grid
Elektro-Slovenija d.o.o. (ELES) said it came together with 12 other electricity transmission companies and 12 more universities and research institutions from 13 European countries in a consortium for the Migrate project. The name is derived from the research topic: ‘Massive Integration of Power Electronic Devices”, and the kick-off meeting was held in Brussels on January […]
EU funds development of hybrid solar cells
A team of scientists from the Ruđer Bošković Institute presented the project ‘Titanium Dioxide Nanostructures for Photovoltaic Cell, the Professional Development of Young Researchers / Postdocs’. The activities are financed by the European Social Fund with HRK 1.9 million (EUR 250,000) from the seven-year period through 2013. The 15-month project lasts until the end of […]
Israel’s Enlight invests in wind power plant
Eurocom Group’s subsidiary Enlight Renewable Energy acquired 90% of the construction project for the wind power plant Lukovac, located nearby the Adriatic port of Split. The Israeli investor will take over for a total of USD 8.3 million (EUR 7.42 million), said a report by Seebiz.eu. The plant has the capacity of 49 MW. Eurocom […]
Agro-biomass stock centre may lure energy investment
The construction of a regional public depository for agricultural residues and pellet is financed by Serbia’s province of Vojvodina with RSD 142 million (EUR 1.15 million). The Municipality of Apatin provided and equipped a nine hectare site in Prigrevica for boxes to stockpile the biomass, according to media reports. Instead of burning the residues or […]
