Montenegro awards deal to EPCG for hydropower plant Komarnica

State-owned power producer Elektroprivreda Crne Gore got the right to build Montenegro’s first hydroelectric station in four decades and run it for up to 60 years. Hydropower plant Komarnica will cost EUR 260 million to EUR 290 million, more than in the previous official estimate. Minister of Economy of Montenegro Dragica Sekulić handed the concession […]

Renewables September 1, 2020

Turkey’s Soyak eyes investment in geothermal energy in Croatia

The Turkey-based Soyak is interested in investing in geothermal energy in the Croatian municipalities of Legrad and Đelekovec. The company’s representatives have visited Legrad and they spoke with decision makers from the two municipalities about possible projects, the Municipality of Legrad said on its website. The Turkish company applied for a concession on the recently […]

Renewables August 31, 2020

Electrica to merge power distribution subsidiaries, energy services units

Romanian electricity supplier Electrica Group is set to merge its three power distribution subsidiaries and two energy services companies. The move has already been approved by the company’s shareholders. The merger of the three electricity distribution subsidiaries – SDEE Transilvania Nord, SDEE Transilvania Sud, SDEE Muntenia Nord – is scheduled for January 1 and the […]

Solvis plans to build 50 MW solar power plant in northern Croatia

Sunčane elektrane Međimurja, a firm co-owned by Solvis, Croatia’s sole producer of photovoltaic panels, plans to build the largest solar power plant in the country, with an installed capacity of 50 MW, according to Podravski.hr. The solar power plant, which is expected to cost EUR 40 million, should be located in Rasinja near Koprivnica, the […]

Renewables August 28, 2020