Government gives no guarantees for large HPP projects
All arrangements are possible for the construction of hydropower plants (HPPs) on the rivers of Morača (238 MW) and Komarnica (168 MW), under the condition that there are no state guarantees, according to Montenegro’s economy minister Vladimir Kavarić. In an interview to Pobjeda newspaper, he said interest was shown by investors from China, Turkey and […]
Vojvodina’s parliament to host green energy event
The Assembly of the Autonomous Province of Vojvodina said it will organize an international conference on renewable energy sources in March next year. The event will gather officials from the region and energy experts from whole Europe, the Serbian institution said on its website and added partners from the Assembly of European Regions will participate. […]
Solar tobacco dryers cofinanced by state fund
The Environmental Protection and Energy Efficiency Fund (FZOEU) approved the Sol Siccus Tobacum project for direct cofinancing of the installation of tobacco drying systems which use renewable energy sources. The endeavour was developed by Virovitica–Podravina County’s Regional Development Agency (Vidra). According to a report on the county’s website, the investment is worth HRK 6 million […]
DIVE to install two more mini hydropower plants
After commissioning its first facility in Croatia in January, German company DIVE Turbinen GmbH & Co. KG announced that it will install one more mini hydropower plant by the end of the year, and another one in the same market in 2016. The first project was built on river Kupčina in the community of Draganić […]
EPCG’s quarterly profit falls by almost one third
State-owned utility Electric Power Company of Montenegro (EPCG), based in Nikšić, concluded the third quarter with a profit of EUR 12.69 million, 30.4% less than from the corresponding period of last year. The financial report published on Montenegroberza’s website revealed expenditures in Elektroprivreda Crne Gore a. d. rose 5.4% to EUR 170.65 million. Material accounted […]
Power sector reform financed with EUR 200 million
The European Bank for Reconstruction and Development said it is supporting a comprehensive reform programme for the power sector in Serbia by extending a EUR 200 million restructuring line to Electric Power Industry of Serbia (EPS), a state-owned utility that generates, distributes and supplies electricity. The sovereign-guaranteed loan will help the company restructure its balance sheet and […]
Green light for EU-financed concentrated solar power projects
The cabinet approved funding on October 29 for CY EOS Green Energy project by Alfa Mediterranean Enterprises Ltd. for a 50 MW solar thermal power park in the Alassa area in Limassol, portal In-Cyprus reported. The concentrated solar power project was selected for funding within the framework of the second phase of the NER300 programme […]
Regulator renews power trading permit for HEP-Trade
A draft license was granted to company HEP-Trade d. o. o. from Mostar for the activity of international trade in electricity, according to a release by the State Electricity Regulatory Commission (SERC), Brčko District’s administrative body. The local self-governing authority officially belongs to both entities that make up Bosnia and Herzegovina. Brčko is located in […]