MK Fintel Wind first green energy firm on Belgrade Stock Exchange
The MK Fintel Wind company, jointly owned by the Italian Fintel Energia Spa and MK Group, is set to become the first green energy produced in Serbia to sell shares on the Belgrade Stock Exchange. Company CEO Tiziano Giovannetti said he expects to raise between EUR 120 and 150 million from the sale of shares. […]
EUR 32 million loan to Montenegro to complete smart metering project
EUR 32 million loan to Montenegro was approved by London based European Bank for Reconstruction and Development (EBRD) to finalize the introduction of smart metering system in the country. The loan will be used by Montenegrin electricity distribution company Crnogorski elektrodistributivni system (CEDIS) for the purchase of 60,000 smart electricity meters. Once the smart metering […]
Sekulić: Montenegro takes steps towards establishing power exchange
Three leading companies in the Montenegrin power system have taken steps towards establishing a power exchange in the country, Minister of Economy of Montenegro Dragica Sekulic announced. Elektroprivreda Crne Gore (EPCG), national power utility company of Montenegro, Montenegro Electricity Market Operator (COTEE) and Montenegrin Power Transmission System (CGES), as founders, have already undertaken certain activities in […]
New biomass CHP commissioned in Croatian town of Glina
The Drvni centar (Wood Center) in the Croatian town of Glina commissioned a new cogeneration plant (CHP) as a part of its wood processing plant. The new power facility has a capacity of 5 MW of electric and 12 MW of heat energy and will help expand the company’s wood drying facilities. Drvni centar CEO […]
Participants of the second Energy Community Summer School are selected
The Energy Community Secretariat in consultation with a network of academic and research institutions of the participating countries has selected the participants of the second edition of the Energy Community Summer School, to take place in Ohrid in late summer this year. Following a call announced for the second Summer School in January 2017, 188 total […]
GGF provides EUR 20 million senior loan to UniCredit Bank for renewable energy financing in Serbia
The senior loan for financing renewable energy projects represents the beginning of the cooperation between GGF and UniCredit Bank Serbia. The renewable energy projects to be financed by the GGF loan are expected to reduce carbon dioxide (CO2) emissions by 47,000 tons. The Green for Growth Fund (GGF) and UniCredit Bank Serbia have signed a loan agreement […]
There’s no such thing as a free lunch
By Kristina Cvejanov, President on Serbian Packaging Waste Recyclers Association The media recently reported that Serbia is preparing to open Chapter 27 on the environment in its accession negotiations with the European Union by the end of this year or early next year. The plan is to complete the draft negotiation platform by the end of […]
SEEED 2017 – IENE regional conference in Belgrade – need for further cooperation
IENE’s tenth edition of Energy Dialogue, SE Europe Energy Dialogue, will be organized in Belgrade on June 13-14, Metropol hotel. This year’s Energy Dialogue comes at a time when momentous global developments are taking place with profound implications for the region’s energy situation, says the message of IENE, that has been successfully organizing these conferences ever since […]