CROPEX sells 263,889 guarantees of origin in first auction

Croatian power exchange CROPEX has held its first auction of guarantees of origin (GO) through the IT auction trading platform, selling 263,889 GOs, CROPEX said in a press release. “The first guarantees of origin auction for electricity from incentivized producers (Q1/2019) was successfully held by CROPEX, selling a total of 263,889 GOs at a price […]

Renewables August 30, 2019

HOPS, Siemens sign EUR 5 million contract under Sincro.Grid project

Croatian transmission system operator (TSO) HOPS and technology company Siemens have signed a contract on deploying a variable shunt reactor at transformer station TS 400/220/110 kV Melina, as part of the implementation of the EU-backed smart grid project Sincro.Grid, according to a press release on HOPS’ website. The value of the contract to deploy the […]

Končar KET to refurbish HPP Vacha in Bulgaria

A consortium comprising Croatia’s Končar KET and Czech ČKD Blansko Holding has signed a contract to refurbish the 14 MW hydropower plant (HPP) Vacha-1, the accompanying 110 kV switchyard, and other auxiliary systems at the HPP, in cooperation with the Bulgarian state power utility Natsionalna Elektricheska Kompania (NEK EAD), Končar KET has said in a […]

Construction launched on solar cladding plant in Croatia

Varaždin-based Farmex, a distributor of vitamins, minerals, and medicines also registered for operations in the energy sector, has started building a plant to produce solar cladding, Varaždinske vijesti reported. The solar cladding plant, which will produce façade panels, will be built under an investment of HRK 50 million (around EUR 6.78 million), some HRK 10 […]