Germany’s ZF holds groundbreaking ceremony for EUR 160 million project to produce EV parts in Serbia
German car parts maker ZF Friedrichshafen AG broke ground today for a plant to produce drives for hybrid and electric vehicles (EV) in the Serbian city of Pančevo, in a EUR 160 million project Serbian President Aleksandar Vučić described as an investment in “a factory of the future.” ZF is investing more than EUR 100 […]
EuroAsia Interconnector secures land permit for HVDC converter station
The Republic of Cyprus has issued a notice for the expropriation of land for the HVDC converter station of the EuroAsia Interconnector. The 2,000 MW and 1,518km subsea cable, which will connect the electricity grids of Cyprus, Israel, Crete and Attica in Greece, has been declared a European Union Project of Common Interest (PCI). According […]
EU agrees on new energy efficiency target for 2030
The European Union has reached a deal on a new 32.5% energy efficiency target for 2030 and new rules for the Energy Union project to help member states deliver on energy and climate goals. The new target, agreed by the European Parliament (EP) and Council negotiators, is to be reviewed by 2023 to take into […]
Porsche buys 10% of Croatian electric car maker Rimac Automobili
Automotive giant Porsche AG has acquired a 10% holding in Croatian technology and electric sports car company Rimac Automobili. Rimac Automobili develops and produces electric vehicle components and manufactures electric super sports cars, and Porsche is seeking a development partnership with the young company, according to a news release from the German carmaker. Rimac’s main […]
Republika Srpska government adopts packaging, waste packaging management decree
The Republika Srpska government has adopted a decree on packaging and waste packaging management. The decree regulates matters such as packaging design, production, and use, packaging and waste packaging management, and permit issuance for operators, according to a news release on the Bosnian Serb entity government’s website. The decree is aimed at helping conserve natural […]
Croatian, European day-ahead markets linked
Croatian Power Exchange (CROPEX) and Croatian transmission system operator (HOPS) together with Slovenian power exchange and transmission system operator completed the EU MRC day-ahead market (DAM) coupling project on the Croatian-Slovenian border. According to CROPEX’ press release, for the market coupling session, transmission system operators (TSOs) agreed on an implicit allocation of the daily capacity. […]
Republika Srpska, Serbia to discuss joint construction of HPPs Paunci, Foča – minister
The governments of Republika Srpska and Serbia will discuss the joint construction of the Paunci and Foča hydropower plants on the upper Drina river at their next session, Petar Đokić, the Bosnian Serb entity’s energy minister, has told MPs. Đokić said that he hopes by the time the session is held, a negotiating procedure will […]
Solar PV park developers file for arbitration against Romania
Ten developers of solar photovoltaic (PV) parks have filed for arbitration proceedings before the International Centre for Settlement of Investment Disputes (ICSID) against Romania over the state’s changes to the renewables subsidy scheme. The companies that filed the request are claiming Romania broke the Energy Charter Treaty by cutting the subsidies, which are approved as […]
