Works on Možura wind power plant about to be launched
Successful implementation of the wind power plant project of Možura should be an additional incentive for the dynamics and diversification of relations between Montenegro and Malta, Milo Đukanović said. The prime minister of Montenegro came to the island country for a return visit and met his counterpart Joseph Muscat. The Možura endeavour is first of […]
KEDS reveals EUR 300 million worth projects for grid
The plan for the elimination of voltage drops until 2025, with extension and reinforcement of the network and cutting technical and commercial losses, is worth EUR 300 million, said George Karagutoff, general director of Kosovo Electricity Distribution and Supply Company JSC. “It is great satisfaction when this vision does big changes for the good for […]
Ebioss asks green light for adding fresh capital
Sofia-based engineering and waste treatment company Ebioss Energy a.d. said it will seek shareholders’ approval for a capital increase of up to BGN 70 million (EUR 35.76 million), SeeNews reported. The annual meeting, scheduled for June 16, should authorise the board to issue capital by December 12, 2017, the company said in a bourse filing late on Monday. The […]
Liria gets licences for power from 2.3 MW hydro project
With the publication of the official journal, company Liria Energji sh.p.k. was granted licences to produce electricity at hydropower plant Shpella Poshtë 2 with the capacity of 2.3 MW for 30 years. According to documents adopted by Albanian Energy Regulatory Authority (ERE), the enterprise is now also eligible to market and supply electrical energy for […]
Chronic delays in four green power projects
Out of six major energy endeavours stuck in development in Macedonia, three are in the area of hydropower and one is for a gigantic photovoltaic facility at Bitola, according to an analysis published by Build.mk portal. The solar power plant project in the south of the country was started in 2010 with work on a […]
Turkey to return incentives for power plants on coal
The government of Turkey is set to reintroduce incentives and environmental exemptions for coal-fired power plants, Hürriyet Daily News reported. The measures were cancelled by the Constitutional Court over ecological concerns. The draft law will pave the way for all privatized coal-fired power plants to be exempted from environmental regulations until 2020, the portal reported. These power plants […]
Electrica lifts profit by 12% year on year in first quarter
Romanian power supplier and distributor Electrica Group posted net consolidated profits of RON 142 million (EUR 31.5 million) in the three months through March, up by 12% from the same period of the previous year. According to the company’s press release, EBITDA was also increased by 12%, to EUR 57.3 million. Operating profit in the first quarter […]
Seventh Zagreb Energy Week
Seventh in a row, Zagreb Energy Week took place from May 9 to May 14 under the slogan „Development we don’t want to stop, but pollution we can!“ Various local and regional stakeholders took part in this event and highlighted once more the importance of energy efficiency and sustainable development. This year’s Zagreb Energy Week […]