Romanian Hidroelectrica not insolvent, IPO to follow soon
Hidroelectrica, Romania’s largest power producer is officially solvent, as stated in the final court decision. This move will enable stock-market trade with Hidroeletrica’s shares. Court’s decision is final, and it will unblock Initial Public Offer (IPO) sale of 15% of company’s share. Remus Borza from Euro Insol, court appointed administrator of Hidroelectrica, expects that this share […]
EU funds back sustainable energy development in Slovenia
The Ministry of Infrastructure in Ljubljana placed invitations for projects of energy rehabilitation of buildings in the public sector and for co-financing of wind power endeavours and small hydropower plants. The total amount of financial support for sustainable energy development will reach EUR 25.7 million. Slovenia will select contractors and beneficiaries of the European Cohesion […]
EBRD seeks consultant for hydropower sector plan
As part of activities to bolster Macedonia’s share of power generation from hydro facilities, currently at one fifth, the European Bank for Reconstruction and Development placed a call for services of a consulting company. Its responsibility will be to assist the government of the Balkan country in conceptual design for the best hydropower development option […]
EU funding recycling yards in Croatia with EUR 19.4 million
Croatian Ministry of Environmental Protection and Energy announced the first public call for waste management projects to be co-financed from EU funds. The grant worth EUR 19.4 million will be used for the construction of recycling yards. In January 2017. Croatian government adopted a 5-year Waste Management Plan. That document was a precondition for obtaining the […]
Albanian government approves construction of first wind park project
The Government of Albania has approved this month the construction of a 12 MW wind farm to the Alb-Building construction company. The first wind park in Albania will be developed in the region of Tepelena, along the river Vjosa. The investor received a permit for the project’s development in 2012 from the previous government led by […]
PV system for women’s shelter waits ministry approval
High school Emmanouel Kriaras in Thessaloniki ceded its roof for a 10 kW PV solar panel installation in an inaugural project launched by the central municipality and Greenpeace Greece. Power from the system is intended for covering the needs of a sanctuary for women and children who are victims of family violence. The virtual net […]
Syriza dissenters slam plan to sell chunk of PPC
Conflicting statements are making their way to the media, as Greek officials and representatives of international creditors give different assessments on how close the bailout agreement is before the target technical level deal on April 7. Besides pensions and workers’ rights, the disputed mid-term measures concern the unbundling of the energy market. The government in […]
Swiss Government supporting Serbian local governments in energy efficiency makeover
Swiss government signed with the Ministry of energy and mining and four local governments a donation agreement worth CHF 8.9 million for the improvement of energy efficiency of 24 public buildings in Serbia, mostly schools. This money will be spent for the woodwork replacement on windows and doors, facade refurbishment and heating systems improvements. Four […]