HEP gets green light to build HES Kosinj hydropower complex as part of EUR 500 million project
Croatia’s state power utility Hrvatska Elektroprivreda (HEP) has been given a go-ahead by the Environmental Protection and Energy Ministry for a project to build the HES Kosinj hydropower complex, and it plans to launch preparatory works in 2019, local media have reported. The HES Kosinj project envisages the construction of a reservoir with three dams, […]
Dalekovod signs EUR 10 million deal with Sweden’s Svenska Kraftnat
Croatian power transmission equipment maker Dalekovod has signed a contract worth over EUR 10 million with Sweden’s state-owned electricity transmission system operator Svenska Kraftnat, according to a news release on Dalekovod’s website. The contract covers the reconstruction of the 400 kV and 220 kV overhead transmission lines around the 400/220/110 kV substation near the city […]
HEP to pour EUR 29.6 million into state budget from 2017 profit
Croatia’s state power utility, Hrvatska Elektroprivreda (HEP), will transfer HRK 218.4 million (about EUR 29.6 million) out of its 2017 net profit into the state coffers, in line with a requirement for strategic enterprises to set aside 60% of their profits for the state budget, local media reported, citing a decision from last week’s HEP shareholder […]
Number of electric vehicles in Croatia to rise by 64% this year
As a result of the incentives granted by the Croatian Environmental Protection and Energy Efficiency Fund, the country will get 133 electric and 1 plug-in cars, 224 electric bikes and 56 electric motorcycles in the next six months. The public invitation for individuals, closed just one day after it was opened due to strong interest, […]
Germany’s RWE eyes solar project in Croatia through JV with HEP
Croatia’s state power utility Hrvatska Elektroprivreda (HEP) expects to launch works on the Kosinj hydropower plant by the end of 2018, while it plans a wind and a solar project in 2019, HEP board member Petar Sprčić has told a conference in Zagreb, noting that he cannot reveal the names of the projects in question. […]
Croatia plans to provide EUR 30 million for individuals to install rooftop PV systems
Croatia’s Environmental Protection and Energy Efficiency Fund (EPEEF) should invite applications by the end of the year for two rounds of funding to back the installation of rooftop photovoltaic power stations, EPEEF Deputy Director Alenka Košiša Čičin-Šain said. “Two public invitations should be launched by the end of the year for installing rooftop photovoltaic power […]
Hrvatski Telekom sells retail electricity business to RWE Hrvatska
Hrvatski Telekom will sell its power business to RWE Hrvatska, the telecommunication company said in a press release. Hrvatski Telekom has concluded a contract with RWE Hrvatska initiating the process of the transfer of its retail electricity business segment to the German energy company’s subsidiary, Hrvatski Telekom announced. This transaction has no influence on the […]
EIB provides EUR 15 million to HBOR for biodiversity improvement
European Investment Bank (EIB) has provided EUR 15 million to Croatian Bank for Reconstruction and Development (HBOR) under the Natural Capital Financing Facility in order to improve conservation of existing biodiversity, improve green infrastructure and strengthen climate change resilience. The Natural Capital Financial Facility, founded 3 years ago by the EIB and the European Commission, has […]
