Most Read in June: Siemens Gamesa’s ETES, Montenegro goes coal-free for 10 days, EC Albania report
Even though it was published in late June, the news about Siemens Gamesa’s breakthrough electrothermal energy storage system made it to the number one spot on our English-language Top 3 Most Read list for June. The Top 3 Most Read list for June is also available for our portal’s Serbian/local language version. 1 – Siemens […]
Elsewedy agrees to buy 4 wind farms, 1 SHPP in Greece
Egypt’s Elsewedy Electric, an integrated energy and infrastructure solution provider, has announced entering into a share purchase agreement with R.F. Energy S.A. (a subsidiary of F.G Europe S.A.) to acquire 100% of the share capital of 3 wind energy and 1 hydropower companies in operation in Greece. The total consideration agreed is EUR 55 million, […]
Montenegro leading energy transition in region
In May 2019, Montenegro joined the not-so-large group of countries that managed to cover the entire electricity demand over a certain period of time from domestic renewable energy sources. “This proves that energy transition is possible, that it is possible to stop using fossil fuels for electricity production,” says Montenegro’s Economy Minister in charge of […]
PPC inaugurates hybrid wind-hydro system on island of Ikaria
Greek power utility Public Power Corporation (PPC) has launched Europe’s second hybrid renewable energy park, combining wind and hydraulic energy with energy storage, and Grid Master Control System solutions, on the Aegean island of Ikaria. The 6.9 MW project has been implemented by PPC Renewables, a subsidiary of the majority state-owned PPC. The first European […]
European Commission: Albania should urgently diversify away from hydropower, properly conduct environmental assessments
Albania is moderately prepared in the area of energy, according to the European Commission’s latest report on the country’s alignment with the EU acquis. Albania’s national energy strategy 2018-2030 has been adopted, the Chapter 15 section of the report notes. However, the country has delayed electricity market reforms and should accelerate implementation of the connectivity […]
Czech energy company CEZ eyes pullout from Romania, Turkey
Czech energy company CEZ is working on divesting assets in Bulgaria but it may also pull out of other markets, including Romania, Turkey, and Poland, CEO Daniel Benes was quoted as saying in an interview with Hospodarske Noviny. In April, majority state-owned CEZ entered exclusive talks with Bulgaria’s Eurohold to sell its assets in the […]
EU Commission: Serbia makes limited progress on energy, climate change yet to receive adequate attention
Serbia made limited progress in the area of energy, while the policy areas of environment and climate change have yet to receive adequate attention, according to the European Commission’s latest annual assessment of the implementation of reforms in the country, adopted today. The European Commission’s annual assessment deals with Serbia’s progress across 35 chapters of […]
Montenegro to scrutinize small hydropower procedures, not to approve fresh subsidies
Representatives of the Government of Montenegro have announced that procedures for the construction of small hydropower plants (SHPPs) will be reviewed and that no subsidies will be approved for the construction of new SHPPs, local media reported. Even though Prime Minister Duško Marković has made it clear that he believes the issue of small hydropower […]
