Municipalities to be motivated for PPPs through trainings
The public-private partnership (PPP) model is under-utilized due to a dearth of information about its advantages and insufficient experience for the implementation of PPP projects. Through training and education for local services, we will motivate municipalities to consider cooperation with the private sector, said Zorana Mihajlović, Serbian Deputy Prime Minister and Minister of Construction, Transport […]
Energy Community launched project to support DAM creation in FYROM
Energy Community (EC) Secretariat has announced a new technical assistance project under the Western Balkan 6 (WB6) Initiative launched to support day-ahead electricity market (DAM) establishment in Former Yugoslav Republic of Macedonia (FYROM). In its statement, the Energy Community Secretariat said that on January 25 the project was launched to last three months and to […]
Albania won arbitration against Hydro S.R.L. over Kalivac HPP
The Republic of Albania won arbitration over hydropower plant (HPP) Kalivac against Italy’s Hydro S.R.L, Albanian infrastructure and energy ministry announced. The International Court of Arbitration ruled in favor of Albania in a breach of contract in the Kalivac construction case and the Albanian government will receive EUR 172 million in damages. In October 2014, […]
EBRD: Western Balkans investment summit in February in London
The European Bank for Reconstruction and Development (EBRD) will be hosting the 2018 Western Balkans (WB6) Investment Summit in London, on February 26. It will be a one-day, by invitation only, event. The focus will be on promoting regional projects in energy and transport, two important sectors in the region consisting of Albania, Bosnia and […]
Fintel Energia to conduct IPO on Belgrade Stock Exchange by mid-year
In the first half of the year, Fintel Energija will conduct the initial public offering (IPO) on the Belgrade Stock Exchange in order to secure money for the construction of wind farms in Serbia. This will be the first IPO on the Belgrade Stock Exchange in the last 80 years. Fintel Energija is subsidiary of […]
Building owners, local mayors are heroes of energy efficiency
Government and regulators are responsible for empowering decision makers on the local level as well as for clarifying how to engage with private energy service companies (ESCO) to establish public-private partnerships (PPPs) in energy efficiency, says Toivo Miller from the European Bank for Reconstruction and Development (EBRD), adding concrete investments in the field are done […]
UPDATE: Montenegro’s MEPX to start trading electricity by the end of this year
Trading at the Montenegrin Power Exchange (MEPX) should begin by the end of this year when a strategic partner is found and an operational process is implemented. The Power Exchange was established last year as a project company. The start of trading on MEPX is expected once a strategic partner is found, the one who will […]
Plastic waste processing in Serbia attracts interest of foreign investors
Representatives of the Italian company Novamont are interested in the development of a system for the processing of plastic waste in Serbia. Earlier this month, the Chinese company Blue Sky officially announced the construction of a plastic waste processing plant in Ćuprija. Italians visited earlier this week S Group, paints and plastic raw materials producer […]