RWE boosts renewables portfolio to 9 GW after asset swap with E.ON

The major asset swap between RWE and E.ON is finally completed, as RWE took over innogy’s operations and becomes one of the world’s largest producers of renewable energy. The German company now has a renewables portfolio of 9 GW while 2.6 GW is under construction. According to most estimates, RWE is now the second-largest offshore […]

Kosovo’s* KOSTT signs connection agreement with ENTSO-E

Transmission system operator KOSTT will become an independent regulatory zone within the AK block, which Kosovo* established with Albania, as European ENTSO-E signed the agreement. Following the vote in April by the Regional Group Continental Europe (RGCE), Chief Executive Officer of KOSTT Ilir Shala has inked the connection agreement with the European Network of Transmission […]

EBRD, UniCredit Leasing support Serbian SMEs transition to green economy

The European Bank for Reconstruction and Development (EBRD), the Green Climate Fund (GCF) and the Government of Luxembourg are supporting small and medium-sized enterprises (SMEs) in Serbia. Financing of EUR 20 million is available through UniCredit Leasing Serbia for investments in climate and green economy projects. GEFF Serbia Leasing is the EBRD’s financing facility of […]

HSE presents environmental study on burning waste in TPP Šoštanj

The management of the Šoštanj thermal power plant (TEŠ) presented the results of an environmental impact assessment (EIA) and cleared the plan to incinerate solid recovered fuel (SRF) project, arguing it does not worsen the current state of the environment in Šaleška Valley. TEŠ, which is part of state-owned energy company Holding Slovenske Elektrarne (HSE), […]

German E.ON to invest EUR 210 million in power business in Romania

E.ON earmarked EUR 375 million for capital expenditure by 2023 in Romania, of which EUR 210 million is for the electric power division. It is also developing energy products and services and electric mobility infrastructure. Marking 15 years since the entry into Romania, E.ON said its priority has been the rehabilitation and modernization of distribution […]

Republic of Srpska adopts new law on electricity in line with EU’s Third Energy Package

The National Assembly of the Republic of Srpska has adopted a new law on electricity, which transposes the EU’s Third Energy Package and paves the way for market liberalization. The law envisages the unbundling, the reorganization of state-owned Elektroprivreda Republike Srpske (ERS), introduces the status of a protected consumer, the possibility of establishing energy cooperatives, […]