Wind project Zelengrad–Obrovac becomes operational
An investment of EUR 50.56 million in a wind park in northern Dalmatia with 42 MW of capacity was completed and set into motion, Večernji list newspaper said. Turbines with an additional 12 MW of capacity will be installed in Zelengrad–Obrovac wind park in the second phase. EnerCap Capital partners, the fund manager based in […]
IFC finances energy efficiency with NLB Prishtina
Cooperation to increase investments in energy efficiency for small enterprises and households in Kosovo* was established between International Finance Corporation, a member of the World Bank Group, and NLB Prishtina, part of the largest banking group in Slovenia. According to IFC’s press release, the organization will support the local bank in improving its capacity to […]
Statkraft seeks afforestation services provider
Devoll Hydropower Sh. A. (DHP), Albanian company ultimately owned by the Norwegian company Statkraft AS, closed its invitation for expression of interest or prequalification for afforestation services as the deadline expired on June 22. The endeavour in Banje hydropower plant area, part of Devoll project, covers 255.3 hectares in five sections and includes maintenance of […]
Electricity price increase of 12% set for August
Higher budget revenues will be the main effect of the new 7.5% excise duty on electricity, Serbian finance minister Dušan Vujović said, state-owned Tanjug agency reports. The cost of electricity in Serbia is currently RSD 4.97 (4.12 euro cents) per kWh, plus 0.88 euro cents in tax, he said in the National Assembly. Mining and […]
Croatia first in the region to close down old thermal power plants
Old power plants with a total capacity of 1.2 GW are due to be shut down in Croatia, and the state electricity distribution system currently controls 3.65 GW, energy expert Marijan Kalea told Novi list newspaper. With economic recovery, energy needs would rise, so at least 2 GW may be missing by 2020, he claims, […]
Power monopoly boosts prices and revenue target
Branislava Milekić, chief executive officer of the Power Utility of the Republic of Srpska (Elektroprivreda Republike Srpske – Matično preduzeće AD Trebinje), said the electricity price increase for companies will be less than 12% and that the tariffs will depend on transmission line quality, daily Nezavisne novine’s portal reported. Regulation authority REERS (Regulatorna komisija za […]
Greece has significant global role in solar energy
In the 2014 European solar market, Belgium, Bulgaria, Czech Republic and Greece were experiencing, to different degrees, the effects of retroactive government measures, already in place or ones that are expected. SolarPower Europe, formerly EPIA (European Photovoltaic Industry Association), published its yearly global market outlook covering the period through 2019 and including information that Greece […]
Infringement procedure over micro hydro plants
The European Commission (EC) is initiating an infringement procedure against Romania over the micro hydropower plant projects underway on the Dejani-Lupșa and Vistișoara rivers on the northern slope of the Făgăraș mountains, WWF-Romania said, Act Media agency reported. In a release, the environmental advocacy and restoration organization states that it has been informed about this […]
