Transmission operator reports profit drop
In the first half of the year the net earnings of CGES (Montenegrin Electrical Transmission System) were EUR 2.19 million, 3.6 times smaller than in the first six months of 2014. In a filing to Montenegro Stock Exchange the company reported sales of EUR 15.4 million, marking a 23.3% drop year on year. Expenditure rose […]
Businesses blame renewables for power price hike
Bulgarian energy watchdog head Ivan Ivanov said he wouldn’t step down after nationwide protests and calls by employers’ unions for his resignation over a hike in power prices for industrial consumers. Ivanov insisted that the Commission for Energy and Water Regulation (KEVR) adopted a “transparent, fair and public decision” on July 31, cutting rates for […]
Ingeteam opens subsidiaries in Romania, Philippines
With the opening of two subsidiaries in Romania and the Philippines, Ingeteam has increased its global presence to 17 countries in all five continents. The company said it that in Romania it is focusing on wind power, more specifically power plant maintenance. With its establishment in this country, Ingeteam, headquartered in Spain, is to provide […]
Government must control HPPs’ impact on environment
Climate changes are affecting Albania, and higher temperatures are expected to cause drought, which will be followed by damages in the environment and economy, making it difficult to produce renewable energy, Top Channel said in a report. Environmental experts say permits for hydropower plants, 499 in total as noted by the Agency of Natural Resources, […]
Call for purchase and installation of solar systems
The Ministry of Economy announced a public invitation for public procurement for purchase and installation of photovoltaic systems in summer pasture lands, the Directorate for Energy Efficiency said in a press release. The invitation is published on the website of the Public Procurement Administration. The bids for the project, worth an estimated EUR 55 million […]
Phantom energy companies drain government funds
Thermal power plant operators AES and ContourGlobal, alongside renewable energy sources, will remain the primary sources in the energy mix of Bulgaria, a recent document shows. The latest pricing changes show that AES’s Maritsa Iztok-1 and ContourGlobal’s Maritsa Iztok-3 set their share in the system at 20% and 25.2%, respectively, 3e-news.net reported. Meanwhile, according to […]
Call for bids for clinical centre’s new façade
An invitation was published by the Technical Services Unit (under the Ministry of Finance), in the name of Ministry of Economy and Ministry of Health, for consulting companies to submit bids for replacement of façade joinery on the main building of the Clinical Centre of Montenegro. The country’s government has received a loan in the […]
Inspection at pellet maker Holzindustrie Schweighofer
Minister of Environment, Water and Forests has notified the prosecutor of the Supreme Court about irregularities found during an inspection at the Austrian company Holzindustrie Schweighofer and other timber producers, Energy World Magazine reported. Between May 7 and June 12, the ministry carried out inspections at factories in Sebeş and Rădăuți, and at the headquarters […]