IRENA seeking to hire Associate Programme Officer, Geothermal Energy
The International Renewable Energy Agency (IRENA) has published a vacancy announcement for the position of Associate Programme Officer, Geothermal Energy, to be based in Abu Dhabi, the United Arab Emirates (UAE). Under the direct supervision of the Head, Partnerships and Technical Advisory Services and the overall guidance of the Director of the Country Support and […]
Fintel Energija to launch IPO on August 1
Belgrade-based renewable energy company Fintel Energija, a subsidiary of Italy’s Fintel Energia, published the prospectus on July 25 for its initial public offering (IPO) on the Belgrade Stock Exchange (BELEX). Fintel Energija, which has a total of 25 million issued shares, will now offer 6.5 million shares at RSD 500 (about EUR 4.24) as part […]
EUR 200 million HPP Dabar project draws 19 expressions of interest
Hidroelektrana Dabar, part of hydropower plant operator Hidroelektrane na Trebišnjici (HET), has received 19 expressions of interest (EOI) in a turnkey/engineering, procurement, and construction (EPC) contract for a 160 MW Dabar hydropower plant (HPP Dabar), said Željko Zubac, acting general manager of Hidroelektrana Dabar. The 19 expressions of interest in the HPP Dabar project came […]
Nevesinje moves closer to 52 MW Grebak, 49.5 MW Trusina wind farm projects
The municipality of Nevesinje is closer to the realization of two wind farm projects – Trusina and Grebak – according to announcements on the municipality’s website. Zlatko Mandžuka, top man of Nevesinje-registered energy firm Eol Prvi, said that he expects the construction permit to be issued and a wind turbine purchase agreement signed with Denmark’s […]
EPS reports net profit of EUR 28.8 million, distribution subsidiary EUR 20.3 million in 2017
Public power utility Elektroprivreda Srbije (EPS) made a net profit of around RSD 3.4 billion (about EUR 28.8 million) in 2017, according to the unconsolidated audited financial report posted on the company’s website. In 2017, EPS bought RSD 11.4 billion (some EUR 96.6 million) worth of electricity on the domestic market, about RSD 5.9 billion […]
Terna secures financing from EIB, Alpha for two wind farms in Greece
Greece’s Terna Energy Group has secured financing for the construction of two 44 MW wind farms on Mt. Vermio in northern Greece. The European Investment Bank (EIB) extended a EUR 24 million loan, while Alpha Bank acted as co-lender providing an equivalent amount of long-term debt next to a medium-term VAT facility. The EIB’s loan […]
Construction of Serbia’s first geothermal district heating system kicks off
The municipality of Bogatić should get Serbia’s first geothermal district heating system by the beginning of the heating season, with this renewable energy source to be first used to heat public facilities and later to be made available to individuals and businesses, representatives of the municipality announced. The new geothermal heating system will result in […]
Green Party proposes draft of new environmental impact assessment law over SHPPs
The Green Party has submitted a proposal of a draft new environmental impact assessment law to introduce a mandatory impact assessment for small hydropower plants (SHPPs), the party said on its website. The Green Party advocates a complete ban on the construction of SHPPs in protected areas and national parks. “Protected areas and national parks […]