EU secures EUR 29 million for transmission line
European Commission said European Union Member States agreed on its proposal to allocate EUR 150 million to key trans-European energy infrastructure projects, including maximum financial assistance of EUR 29 million for the construction of a 400 kV overhead transmission line between Maritsa East and Burgas in Bulgaria. The applicant was Elektroenergien Sistemen Operator EAD and […]
Investments of EUR 30 billion needed in energy sector
Government of Romania has extended the implementation period for the „District Heating – Warmth and Comfort 2006–2015” programme until 2020. It includes various investments in the generation, transmission and distribution of thermal energy. A total amount of EUR 480 million was allocated, Romania Insider reported. However, only EUR 95 million have been used so far. […]
Hidroelektrane na Trebišnjici completes overhaul
Planned annual maintenance of Bosnian hydropower producer Hidroelektrane na Trebišnjici was completed on schedule and the producer is back on stream, SeeNews said, citing local media reports. Total cost of the 40-day overhaul was BAM 100,000 (EUR 51,100), news agency Srna reported. Hidroelektrane na Trebišnjici, comprising three hydropower plants along the Trebišnjica river, is located […]
Agreements with Germany include funds for dam security
The parliamentary Law Commission approved the ratification of two cooperation agreements between Albania and Germany in the energy field, Albanian Telegraphic Agency said. According to the deputy Minister of Energy and Industry Ilir Bejtja, for the first time an efficiency fund will be established through the bank system, to support investments in saving energy at […]
Greek renewable power projects stalled by turmoil
Ambitious projects will be on hold for some time, due to the risk of Greece exiting from the eurozone, EurActiv and Reuters said in a report. Two sources said at least four major solar and wind projects had stalled. Decisions to invest are on hold as there is too much risk, according to one, while […]
Bosch sells five solar parks for EUR 10 million
Businessman Nedko Mladenov’s company BCI bought five photovoltaic parks near Kazanlak in Bulgaria from Bosch Solar Energy for EUR 10 million, Capital.bg reported. He is the head of BCI Kazanlak Holding, which used to manage the facilities. The solar power plants of 4.98 MW each have been connected to the grid since July 2, 2012. […]
Government gets EU funds for financing energy, transport
Close to EUR 9.5 billion for investments in projects on environment, energy and transport, by means of the Operational Program for Major Infrastructure of Romania (POIM) for 2014–20, was set by the European Commission, its resident office announced. Under the EU cohesion policy, EUR 23 billion were earmarked for the country. When taking into account […]
Bulgaria interested in Montenegro–Italy power link
Prime minister Boyko Borisov has suggested at a meeting with Montenegro’s president Filip Vujanović for Bulgaria to use the high-voltage submarine link between that country and Italy, which is yet to be completed, in order to export electricity, Hellenic Business Council in Bulgaria reported on its website. Borisov and Vujanović met at the Council of […]