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

Solar power generation to increase ten times in Montenegro energy balance

Solar power generation to increase tenfold in Montenegro next year

25 November 2022 - According to the estimate in the Energy Balance of Montenegro for 2023, electricity production will drop 12.63% this year

Austria can reach 1,2 GW with additional solar in 2022

Austria set to add over 1 GW in solar power in 2022

25 November 2022 - Austria is on track to install more than 1 GW in photovoltaics this year and as much as 1.5 GW every year

Albania applications solar power 151 MW

Albania receives applications for solar power projects of 151 MW in total

25 November 2022 - Applications for solar power projects sent to the Ministry of Infrastructure and Energy of Albania include one of the largest ones so far, for 93 MW

coal phaseout see region iea

Coal phaseout in SEE: countries have made pledges, but some are still silent

24 November 2022 - The list of 40 countries with the largest shares of coal-fired power plants in electricity production includes eight in this region