EPCG receives invitation for SEEPEX, CROPEX

All energy entities in Montenegro are consulting the Ministry of Economy and the Energy Regulatory Agency after leaders of the countries in the region agreed at a summit in Vienna that every country must have its own power market or join a neighbouring one, state-owned utility Electric Power Company of Montenegro (EPCG) informed news agency […]

Fast charging means lower cost for electric bus lines

While Shanghai runs its electric buses in public transport with EUR 80,000 chargers on every bus stop, Belgrade chose a less expensive solution. Željko Milković, chief executive of Serbian capital’s public transportation company GSP Beograd, told Večernje novosti newspaper the concept for the system to be introduced in June is based on ultracapacitors with fast […]

News March 11, 2016

Hydropower plants overhaul budgeted with EUR 480 million

HEP Group marked half of a century of the operation of hydropower plant Dubrovnik in its rehabilitated facility, the first in a programme that state-owned energy utility determined to last through 2020. Managing director Perica Jukić said the company secured HRK 3.6 billion (EUR 480 million) for the overhaul, planned to introduce new capacity of […]

News March 11, 2016

Small hydropower project changes ownership structure

Company Radius, registered in Herceg Novi, stepped out of the concession contract for the construction of a small hydropower plant (SHPP) on Murinska rijeka in the municipality of Plav in Montenegro’s east. According to a document issued by the state government, the share is transferred to Industriaimport–Industriaimpex. The concession was granted in 2010 to a […]

News March 10, 2016

EBRD co-finances hydropower unit on Bistrica stream

As consortium Hydro Bistrica, concessionaire for the construction of small hydropower facilities on Bistrica river, reached an agreement with the European Bank for Reconstruction and Development (EBRD) about additional financing, the Government of Montenegro approved the contract for a loan of EUR 6 million. The concession contract from April 2014 enables the construction of one […]

Framework covers donor-funded environmental projects

Minister of agriculture and environmental protection Snežana Bogosavljević Bošković announced the Green Fund of the Republic of Serbia will start its operations on January 1 next year as a body within the institution. Speaking at a meeting of the National Investments Committee, she presented the progress made in the implementation of investments in the field […]

News March 10, 2016

Herzegovina got five photovoltaic plants in past year

Over 150 days of sunshine per year is an asset for solar power plants in the region of Herzegovina. Five have been launched in the last year and there are four more applications on the desk of the regulating body, ATV’s portal reported. Nebojša Šušić, who is responsible for permits and technical operations in the […]

News March 10, 2016