Electricity

EPBiH to partner Hungarian MVM in green power projects

MVM

Published

July 12, 2016

Comments

0

Share

Published:

July 12, 2016

Comments:

0

Share

A memorandum of cooperation will be signed by September between state-owned Elektroprivreda Bosne i Hercegovine d. d. (Electric Utility of Bosnia and Herzegovina – EPBiH) and MVM Group, headquartered in Hungary. The state-owned company aims to launch joint projects with new partners, according to a statement by the Ministry of Energy, Mining and Industry (FMERI) of the Federation of Bosnia and Herzegovina, one of the country’s two entities.

The potential segments for cooperation are hydropower, wind and solar energy, the press release noted. MVM Group is the largest power producer, distributor and trader in Hungary. It was represented at the meeting in Sarajevo by chief executive of MVM OVIT Norbert Korom, MVM Partner’s deputy head Kornél Czinege, the group’s head of strategy András Tóth, and sales and trade deputy manager at MVM Gas Trade – Gábor Orbán.

EPBiH was represented by all its executives and Nedžad Branković, the FBiH’s former prime minister. The company has presented investment plans for new power generation projects last month at the Energa international energy fair in Tuzla.

Tags: ,

Related Articles

EU electricity market design reform temperate positive step

EU’s electricity market design reform deemed as temperate, positive step

17 March 2023 - In its usual manner, the European Commission has come up with middle-of-the-road solutions for its electricity market design reform

smr-small-nuclear-reactor-energy-nea

NEA launches SMR Dashboard to track small nuclear reactor development

17 March 2023 - Small modular nuclear reactors can reshape the energy market and help the world reach net zero emissions by 2050, NEA says

Romania-Hidroelectrica-partners-Masdar-renewables

Romania’s Hidroelectrica partners with Masdar to develop renewables

17 March 2023 - Hidroelectrica established a joint venture partnership with Masdar from the United Arab Emirates for the development of renewable energy projects

Number prosumers Albania one thousand

Number of prosumers in Albania surpasses one thousand

16 March 2023 - The number of prosumers with solar power panels on the electricity distribution network in Albania has reached 1,025