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 […]
Mini hydro facility launched on Ugar river in Republic of Srpska
Austrian power group Kelag and its Slovenian subsidiary Interenergo officially launched their small hydropower plant Zapeće on Ugar river, Srna news agency reported. The investment is worth EUR 14 million, and planned annual production is 14 GWh from an installed capacity of 4 MW. Petar Đokić, minister for energy and mining of the Republic of […]
Small hydropower concessions coming up in Montenegro
Investors can apply for the construction of small hydropower plants in two locations in Montenegro. The Ministry of Economy is receiving applications for concession awards to exploit water streams. The public call is for the construction of small hydropower plants (SHPPs) on the rivers of Bukovica, in Šavnik municipality in central Montenegro, and Štitarička, in […]
Conference on sustainable energy and climate changes
Civic Alliance of Montenegro said regional conference ’Energy. Development. Democracy: How successful policy dialogue can ensure sustainable use of energy and climate protection in South East Europe?’ will take place in Podgorica on September 29–30. The event is part of the project ’Public Dialogue on Sustainable Use of Energy and Energy Efficiency’, implemented since 2011 […]
Electrica exiting two wind energy projects
Citing declining profitability of renewable energy, Romanian utility revealed a plan to terminate the development of two wind parks, which is reflected by financial statements by the management, Business-Review reported. Electrica SA was listed on markets in Bucharest and London in July last year, and made a decision at the time to postpone investment in […]
Phoenix Solar gets contract for 6.9 MW solar array
German photovoltaic system integrator Phoenix Solar AG said it would build a solar array of 6.9 MW in central Anatolia, in partnership with local company Asunim Yenilenebilir Enerji Teknolojileri, SeeNews reported. The firms were awarded the order by a Turkish consortium. Its value was not disclosed. The contract calls for Phoenix Solar to undertake all […]
Monsson Group dismantling wind park in Constanța
Local legislation has rendered a wind power plant in Targuşor, Constanța county, unfeasible, according to its operator Monsson Group, controlled by businessman Emanuel Muntmark, Ziarul Financiar’s portal said. The company and its project partners decided to remove turbines from the 27 MW project due to market uncertainty, Romania Insider reported. “Unfortunately, major changes in renewables […]
Three companies from China bid for HPP project
State-run company Hidro Tarniţa SA has three bidders left in the race for the construction of a 1 GW hydro pumped storage facility Tarnița – Lăpuștești on Someșul Cald river in Cluj county in Romania’s northwest, Economica.net reported. The plant project, which has been stalled for the last three decades, is worth over EUR 1 […]