China’s HEAG to build wind farms in Balkans

Huayi Wind Energy Co. Ltd. (HEAG) opened its regional office in Belgrade as official entry into the wind energy market in Serbia and the Balkans, Xinhua reported. HEAG, founded in 2002 in China, has been engaged in the design, manufacturing, sales and maintenance of wind turbines and wind farms. The opening ceremony was attended by […]

News May 12, 2016

Miteco opens recycling centre in Belgrade

Company Miteco Kneževac inaugurated its recycling centre in Rakovica, a district of Serbia’s capital city. The facility consists of a transfer station for industrial and toxic waste, a recycling line and mobile equipment for removing PCB from environment. On the same day the company, leading operator in Serbia and the region in the field of […]

Waste May 12, 2016

Investments in renewables estimated at EUR 7 billion

Romanian Association of Large Industrial Energy Consumers (ABIEC) presented a report drawn up by PricewaterhouseCoopers, entitled ‘The Impact of Support Schemes of Renewable Energy in Romania and Lessons Learnt from EU Countries’, Act Media carried. According to the document, the value of total direct investments is estimated at EUR 7 billion, most of which in […]

News May 12, 2016

EBRD sells stake in Romania’s Green Group

The European Bank for Reconstruction and Development (EBRD) said it divested its share in Romania’s Green Group, specialized in consumer packaging waste recycling. The firm embarks on its next stage of development and sets its sights on a public listing, the press release states. EBRD’s stake, as well as the part owned by Global Finance, […]

Waste May 11, 2016

Montenegro inaugurates recycling center in Žabljak

A waste recycling centre worth EUR 2.4 million was opened in the town of Žabljak. The construction of the facility, which includes a transfer station, was equally funded by Montenegro and Slovenia, the Government of Montenegro said on its website. Prime minister Milo Đukanović and Slovenia’s foreign minister Viktor Erjavec attended the ceremony. The two […]

Waste May 11, 2016

IFC joining EBRD in investment in Akfen’s green energy

The International Finance Corporation will join the European Bank for Reconstruction and Development in supporting the renewables branch of Turkish conglomerate Akfen Holding with a combined investment of EUR 175.5 million, SeeNews reported. The two development banks will have equal stakes in Akfen Yenilenebilir Enerji AŞ and make equal investments, according to a public filing. […]

News May 11, 2016

Coupling Croatia with Slovenia may take until end of 2017

Estimates for day-ahead market coupling of Croatia with Slovenia are being revised to be set for the final quarter of next year. ICIS portal revealed it obtained information the schedule initially determined for the second half of 2016 was off and that the possible hike in prices in Croatia may be postponed. Integration with the […]

News May 11, 2016

Slovenian-Japanese project NEDO to start by September

As early as next month or in September, the first phase of testing of new technologies and solutions in working smart networks could be initiated as a result of bilateral cooperation between Slovenia and Japan. NEDO demonstrational project, which will last for three years and is worth EUR 30 million, comes against a backdrop of […]

News May 11, 2016