HPP Zvornik’s green electricity generation hits daily record as capacity is increased by 15 MW
Two revitalized units of hydroelectric power plant (HPP) Zvornik have been officially put into operation, in what increased the plant’s installed capacity by 15 MW and its life expectancy by 40 years. The well-executed overhaul was demonstrated by the fact that on the first day of the modernized A2 unit’s test run, Zvornik reported a […]
France interested in more energy projects in Serbia, in RES in particular
Serbia and France want to deepen their cooperation in the realization of various projects in the energy sector and with a particular interest in projects related to renewable energy sources (RES) which are focused primarily on savings and energy efficiency and improvement of Serbian distribution network. The statement of intent regarding cooperation between Serbia and […]
Installation of Alibunar wind farm turbines by September
Elicio, the Belgian renewable energy producer has announced its plan to complete the installation of 21 turbines at the 42 MW Alibunar wind farm, less 60 kilometers northeast of Serbia’s capital Belgrade, by September this year. The construction of the wind turbines foundations is expected to be finished in less than a couple of weeks. Then, Elicio […]
Slovenia-based Kolektor to build wastewater treatment plant in Ruma
The Municipality of Ruma and a consortium led by Slovenia-based Kolektor have signed an agreement on the design and construction of a wastewater treatment plant for the Rumen industrial zone, in an investment worth EUR 900,000. The Slovenian consortium offered the best conditions for the construction of the plant in the recently concluded tendering procedure, […]
DEG has acquired 10 percent stake in Čibuk 1 wind farm in Serbia
DEG – German development finance institution and a subsidiary of KfW Group has acquired a 10 percent equity interest in the 158 MW Čibuk 1 wind park in Serbia and joined two other investors in what is set to be the largest wind farm in Serbia. The wind farm, due to be completed in 2019, […]
Cadastre of mining waste in Serbia – project in progress
The Cadastre of Mining Waste in the Republic of Serbia is a technical assistance project that The Ministry of Mining and Energy (MoME) has been implemented in partnership with the European Union (EU) since February 2017. The goal of this 3 year long project is to further develop and improve the mining waste management system in […]
Public-private partnership: EIB is interested in PPP projects in Serbia
In 80% of public-private partnership (PPP) projects in Europe the public sector pays compensation to a private partner and the concession model has been less often used, said Dubravka Negre, Head of European Investment Bank’s (EIB) Regional Representation for the Western Balkan. Following is her interview for Improving Energy Efficiency through Public-Private Partnership Model publication. […]
Kovačica wind park secured EUR 142 million from three lenders
Kovačica, a 104.5 MW wind farm under construction in Serbia, has successfully secured EUR 142 million and reached the financial close. The financing in the amount of EUR 142 million is provided by parallel loans from Erste Group Bank AG (supported by the German Export Credit Agency Euler-Hermes), Erste Bank Serbia, and the European Bank for […]