Biomass enhances energy independence, adds savings
Guarantee Fund of Vojvodina, Serbia’s northern province, organized an international conference named ’Promoting Renewable Energy Sources: Biomass in Agriculture’ in partnership with Heinrich Böll Foundation, German International Cooperation – GIZ, and European Affaires Fund of Vojvodina, under patronage of the Provincial Secretariat for Energy and Mineral Resources, and with support from the Provincial Secretariat for […]
Tendering process open for hydro plant Bočac 2 construction
Company Hidroelektrane na Vrbasu (HEV) a. d. Mrkonjić Grad, hydropower plant operator from the west of Republic of Srpska entity, published a tender for the construction of Bočac 2 facility on Vrbas river. The estimated value of the construction works project is BAM 17 million (EUR 8.7 million), while the overall expenses, according to earlier […]
Energo-Zelena gets permit six months after ending operations
Integrated Pollution Prevention and Control (IPPC) permit has been given to Energo-Zelena d. o. o., a rendering plant for the treatment of hazardous animal by-products, which ceased its operations last year. The company based in Inđija, 40 kilometers northeast of Serbia’s capital Belgrade, received the certificate from the Provincial Secretariat for Urban Planning, Construction and […]
Chinese company CEE acquiring stake in Plandište wind park
NIS oil industry, majority owned by Russia’s Gazprom Neft, communicated there was progress in negotiations about a stake at Plandište wind park to be taken over by Chinese company CEE, Sinteza Invest Group brokerage reported. The Serbian company said estimation of financial aspects of the project was in progress. For the wind park project in […]
Contract signed for small biomass plant in Sisak
Kristina Ikić Baniček, mayor of Sisak, signed a contract with Zagreb-based EPI Consulting, which is working in cooperation with foreign partners to construct a series of small biogas power plants in Croatia, starting with the town of just under 50,000 people, 50 kilometers southeast of the capital, national broadcaster HRT reported. The plant will employ […]
KESH to clear debts to hydro plant operators by end-June
Albanian Power Corporation (KESH), state-owned power utility, will clear its debts to private hydropower plants within the first half of this year, according to the Ministry of Energy and Industry (MEI), Albanian Telegraphic Agency reported. The remaining total arrears of less than ALL 2 billion (EUR 14.2 million) will be settled by the corporation’s finance […]
Enel’s subsidiary posts EUR 64 million profit in Q1
Enel’s EBITDA in Romania fell by 1.5% in the first quarter, from EUR 65 million a year ago to EUR 64 million, according to data released by the Italian group and quoted by Mediafax. The company has obtained earnings before interest and taxes (EBIT) down by 26% from EUR 50 million a year ago to […]
Investment in hydro plant operator vehicle planned by EBRD
European Bank for Reconstruction and Development said it is considering an equity investment of up to USD 35 million (EUR 30.73 million) to acquire up to a 20% stake in holding company HoldCo, a vehicle to be established as a 100% owner of five operating run-of-the-river hydropower plants (HPPs) currently owned by Rönesans Enerji and […]
