National conference held on energy challenges

Providing sustainable energy development is a must, participants in the ‘Energy Challenges of the Republic of Macedonia’ conference conveyed as their key message. Stefan Peter, chairman of the Board of EVN Macedonia – electricity distribution company, highlighted its investment plans, while Siniša Spasov, general director of MEPSO – transmission system operator, referred to the investment […]

Companies waiting for frame for works on Morača HPPs

Slovenian government got acquainted with the expressed interest of domestic companies for a group engagement in Montenegro in projects for building a chain of hydro energy facilities on Morača river, as well as with the initiative for a trilateral memorandum of understanding between Ministry of Foreign Affairs of Slovenia, Ministry of Economy of Montenegro and […]

News June 17, 2015

EU on track to meeting 20% renewable energy target

In 2013, Bulgaria has already exceeded its renewable energy sources target share of 16% for 2020 by three percentage points, while in the rest of European Union’s southeast, Cyprus is the furthest behind schedule, having achieved 8.1%, compared to its target of a 13% share, a new report shows. EU countries are well on the […]

News June 16, 2015

Repower gives up on investments in renewables

A Swiss group changed its mind about investing in renewable energy sources in Romania, due to law changes, portals Wall-street.ro and Capital.ro said. Private power supplier Repower Furnizare Romania, the local subsidiary of Swiss-held Repower AG, was planning to invest about CHF 200 million (EUR 192 million) in renewable energy production units, as well as […]

News June 16, 2015

Hidroelectrica’s contracts didn’t involve state aid

Following an in-depth investigation, the European Commission has concluded that electricity supply contracts signed by the state-owned Romanian electricity generator Hidroelectrica SA with certain electricity traders and industrial customers did not involve state aid within the meaning of the EU rules. The commission found that the contracts were either concluded on market terms or, where […]

News June 16, 2015

EBRD, KfW finance Krnovo wind park project

Julio Moreno, head of the European Bank for Reconstruction and Development’s country office, announced an investment of EUR 48.5 million in Krnovo wind farm in an interview for Portal Analitika. The project worth a total EUR 130 million will be supported in cooperation with KfW Development Bank of Germany, he added. „It will be the […]

Serbian company installs LED lighting in Kočani

Minel-Schréder fabrika svetiljki DOO from Belgrade, Serbia, signed a contract with Kočani municipality to replace street lighting and installing LED lamps in the town and a part of the village of Orizari. The value of the project is MKD 52.51 million (EUR 850.000) and 3,125 lights will be replaced, said Ratko Dimitrovski, Kočani mayor, who […]

News June 15, 2015