FBiH to introduce renewable energy auctions in 2021
The Federation of Bosnia and Herzegovina (FBiH), an entity of BiH, plans to introduce renewables auctions in 2021, while the pace of the renewables development will depend on the binding target that Bosnia and Herzegovina will receive for the 2020-2030 period, currently subject to negotiations with the Energy Community, Halko Balavac, assistant energy minister at […]
Croatia’s power utility HEP starts building 58 MW Korlat wind farm
Croatia’s power utility Hrvatska Elektroprivreda (HEP) has started building the Korlat wind farm near Benkovac. HEP’s first wind farm will have an installed capacity of 58 MW, which is more than the capacity of the currently biggest operational wind farm in Croatia. The Korlat wind farm is expected to produce around 170 GWh of electricity […]
Hidroelectrica files non-binding letter of intent to buy CEZ assets in Romania
Romania’s Hidroelectrica, the country’s largest power producer 80%-controlled by the state, has submitted a non-binding letter of intent to buy the assets of Czech energy company CEZ in Romania, Hidroelectrica CEO Bogdan Badea has confirmed, Romania Insider reported, citing Economica.net. The assets have attracted strong interest, CEZ spokesperson Ladislav Kriz said, according to Profit.ro. CEZ […]
Investor pulls out of SHPP project after clashes on Mt. Stara Planina
Residents of the village of Topli Do on Mt. Stara Planina in Serbia clashed yesterday morning with security and workers accompanying investor Dragan Josić in an attempt to start the construction of a small hydropower plant (SHPP). The outcome was the investor’s announcement he was pulling out of the project, as well as that he […]
Beo Čista Energija gets feed-in tariffs for two power plants under Vinča landfill project
Beo Čista Energija, a special purpose vehicle for the implementation of Belgrade’s Vinča landfill project, has received privileged producer status for its two future cogeneration plants. It means the company will receive feed-in tariffs for the production of heat and power in these facilities. Beo Čista Energija will build a power plant fueled by landfill […]
Working group set up for Vojvodina to get first geothermal power plants
A working group to facilitate the development of the first geothermal power plant projects in Serbia’s northern province of Vojvodina has been set up. The working group was established last week at the invitation of the Vojvodina Secretariat for Energy, Construction, and Transport and France’s ES-Geothermie, which offers general contracting services for the development of […]
Four systemic Greek banks join EUR 650 million sustainable infrastructure program – EIB
The European Investment Bank (EIB) has confirmed in a press release involvement of four systemic Greek banks in a new EUR 650 million green infrastructure investment program. Confirmation of the involvement of the four systemic Greek banks – Alpha Bank, Eurobank, National Bank of Greece, and Piraeus Bank – will enable EUR 650 million for […]
Contracts signed to finance switching two Serbian heating plants to biomass
Heating plants in six municipalities in Serbia will receive EUR 26.7 million to switch from fossil fuels – coal and heating oil – to biomass, the Ministry of Mining and Energy said on its website. The first two municipalities to get new heating plants will be Priboj and Mali Zvornik, by the of 2022. The […]