AREA: Government breaches contract with SHPPs
A recent decision by the government in Tirana to obligate local and foreign companies in the field of renewable energy to accept new contracts concluded with the Albanian Power Corporation (KESH sh.a.) jeopardizes the rights acquired by concession deals, based on which they have made investments of millions of euros, Albanian Association of Renewable Energy (AREA) said. The Albanian Energy Regulatory […]
Hydropower plant overhaul raises environmental issue
The regular yearly refurbishment in hydroelectric power plant Perućica should be finished by September 8, after dewatering commenced on August 7, Montenegrin Electric Power Company (EPCG) announced at its website. Meanwhile, the local recreational fishing club said the measure led to the destruction of ten tonnes of fish, while only four tonnes were saved, compared […]
Investors in Vranduk brief locals on project schedule
People from the community living in the vicinity of the location of future hydropower plant Vranduk convened with investors, contractors and the representatives of the European Bank for Reconstruction and Development in the refurbished social centre after works started at the end of last month. The meeting, held on August 3, was organized to lay […]
Montenegro ranks concessions for four small hydro projects
The Ministry of Economy of Montenegro said a tender commission has determined the rankings in the procedure of granting concessions for the construction of small hydro stations to produce electricity at locations on four watercourses in the country’s north and central areas, while the offer for Sjevernica was rejected as invalid. First-ranked bidders were selected […]
Teen funds small hydropower unit with pocket money
Nineteen-year-old Zoran Samardžić managed to tap electricity for lighting for a village house and front yard by designing and installing a turbine on the local water stream. He told RTRS television station he built and assembled all the parts with help of a few grownups and friends with more expertise. The young man from Bileća […]
Court cancels environmental permit for small hydro facility
Environmental group Zeleni Neretva said that after a three-year process, the Cantonal Court in Sarajevo issued a judgment which cancelled ecological permits for the construction of hydropower plant Dindo on the river Ljuta. Environmental permits for this one and two other power plants on the Ljuta – Memiškovići and Donje Luko, were issued in May […]
Statkraft divesting largest hydro project outside Norway
The Çetin power plant in Turkey, which saw construction works suspended in February, is up for sale by its Norwegian developer. State-owned Statkraft said it is hiring Garanti Securities as a financial advisor in the bidding process, with a deadline for expressions of interest expiring on August 1. As fights between government forces and the […]
EPBiH presents investment plan at Energa conference
Senad Salkić, chief capital investment officer of state-owned Elektroprivreda Bosne i Hercegovine d. d. (Electric Utility of Bosnia and Herzegovina – EPBiH), participated at a conference on the strategic approach to investing in the country’s energy sector during the Energa international energy fair, held from June 7 to June 9 in Tuzla. The company stated […]