Ivicom to develop Krivača wind park

Ivicom Energy d.o.o. from Žagubica, part of Ivicom Energy GmbH of Austria, said it is investing in building a wind power park Krivača, in Braničevo district in eastern Serbia. The facility is designed for the capacity of 103.3 MW. Commissioning is scheduled for November 2017. Ivicom’s domestic subsidiary was established in 2009 for the research […]

Switzerland funds community energy project in Belgrade suburb

Primary school ’Olga Petrov’ in the Belgrade northern suburb of Padinska Skela has been reconstructed respecting the standards of energy efficiency. This project is a part of EUR 8 million project developed and implemented by Swiss Secretariat for Economic Affairs (SECO), city of Belgrade and the Government of Serbia, the Serbian capital’s portal reported last […]

World Bank warns water must be more expensive

Annual investments necessary for water supply and channeling aren’t possible with current prices, too low to secure funds, representatives of the World Bank told Serbian authorities. At a meeting this week in the Chamber of Commerce and Industry of Serbia (PKS), organized in cooperation with the Ministry of Agriculture and Environmental Protection and Republic Water […]

EPS lifts power prices for households, small-scale buyers

The Council of the Energy Agency of the Republic of Serbia (AERS) said on August 31 it approved the decision of public enterprise Electric Power Industry of Serbia (EPS) to increase prices by an average 3.8% for households and small-scale customers. The tariff is rising to RSD 6.6 (5.35 euro cents) per kWh excluding tax, […]

EBRD boss supports Serbia’s EU path

Serbia has been on a right road to the European Union, but further reforms in economy are needed to secure the country’s leadership in business environment, president of the European Bank for Reconstruction and Development Suma Chakrabarti said in Belgrade on Thursday. He added the EBRD managed to increase investment to around EUR 500 million […]