Hidroelectrica sells hydro facility to an archdiocese
The biggest state-owned power producer sold its small hydropower plant (SHPP) Călugăriţa, located in Argeș county in central Romania, to the Argeș archdiocese, according to Mediafax. Hidroelectrica SA, insolvent for the second time, took RON 1.7 million (EUR 380,000) for one of only two small hydro facilities that it sold from the 34 that were […]
Paperwork sought for extention of planned solar park in Kostolac
Serbian state-owned energy utility EPS has invited bids for the preparation of the investment and technical paperwork to obtain the necessary permits for the construction of a solar park near the central town of Kostolac. The drafting of the paperwork and subsequent permitting should create all the necessary conditions to raise the installed capacity of […]
Terna Energy triples first-half profit
Total turnover of EUR 85.4 million was reported for the first six months of this year by Terna Energy, compared to EUR 69.4 million in the corresponding period a year earlier. Renewable energy group GEK Terna’s subsidiary boosted its profit following minority interests by 361 percent to EUR 11.3 million. Revenues from power generation reached […]
More wind power projects by Spanish investor
Acciona SA set a goal to launch two wind parks in Dalmatia in five years with an investment of EUR 90 million, said Aljoša Pleić, new head of Acciona energija d. o. o., the company’s Croatian subsidiary. In a statement to Lider magazine, he announced the construction may start next year and said Acciona, also […]
USAID Macedonia Clean Energy Investment Project
WHO WE ARE The USAID Clean Energy Investment Project builds upon and expands the ongoing USAID assistance that has laid the groundwork for developing renewable energy and energy efficiency technologies and industries in Macedonia. The three-year project, initiated in April 2013, will support the Government of Macedonia’s efforts in implementing relevant strategies with the […]
Skourletis opens way for island hybrid power stations
A ministerial decision specifying terms and conditions for the sale of electricity by hybrid power stations to noninterconected island networks was signed by Panos Skourletis, minister for production, reconstruction, environment and energy, prior to his departure from the post, Energy Press of Greece reported. The former government, headed by Syriza party, resigned on August 20. […]
Statkraft opens its second hydropower plant in Turkey
The Kargı Kızılırmak hydropower plant became fully operational and increased the capacity of Norway’s Statkraft in Turkey by six times. The company now accounts for more than 1% of the country’s electricity generation. More than 700 people attended the official opening at the 102 MW plant located in Çorum province at the Black Sea region, […]
Hidroelectrica begins procedure for exchange listing
Six months out of insolvency, largest national power producer may be listed at the stock market, Energynomics.ro said. Károly Borbély, Hidroelectrica’s head of strategy and corporate affairs, said the preparations already begun. „It will be possible six months after we come out of insolvency, most likely in the fall of 2016 or early 2017,“ Romanian […]
