NIS, Betec sign cooperation agreement on geothermal energy

Serbian energy company NIS Gazprom Neft and the Chinese Betec Group Ltd. have signed a co-operation agreement on developing geothermal energy projects in Serbia. The two companies have joined forces to develop geothermal active areas plan to build power plants in northern Serbia “based on the well head power plant technology,” says the NIS statement. The […]

Renewables November 2, 2016

Montenegro to establish power exchange

The Government of Montenegro has adopted a plan for establishing Montenegrin power exchange in 2017 by local companies COTEE, CGES and EPCG. The plan of the Montenegro Electricity Market Operator  (COTEE) for the next year, accepted by the Government, states that the company is authorised to conclude the contract with the Montenegrin Power Transmission System (CGES) and Montenegrin […]

Serbian capital starting energy efficiency makeover

Belgrade is determined to introduce an energy efficiency fund into its budget system, where the new instrument won’t be used for grants – the approved money will be returned, which makes the endeavour unique, said Marko Stojanović, city secretary for energy. Speaking at the kickoff meeting for the accession of Serbia’s capital to partnerships of Building Energy […]

Investors in dilemma about RES pilot tender

Prospective investors are in dilemma about the participation in a RES pilot tender for the installation of new PV systems announced by Regulatory Authority for Energy of Greece as they are required to provide additional letters of guarantee. Potential investors are upset after they have been informed that they are required to provide follow-up letters […]

Renewables October 31, 2016