Vienna powers second subway station with brake energy converter
When underground trains arrive at Altes Landgut in a southern district in Vienna, braking energy is recovered for illumination and the electric devices at the station. Friction creates heat and braking releases energy. After a successful pilot in 2018, the public transport operator in the Austrian capital introduced an inverter at another underground station. The […]
Vinex Etil inaugurates 2.2 MW biogas CHP plant near Zrenjanin
The company Vinex Etil has put into operation a combined heat and power (CHP) plant on biogas in the village of Lukićevo near Zrenjanin in Vojvodina. The company invested EUR 4.8 million in a 2.2 MW cogeneration plant. Goran Ilić, owner of Vinex Etil, said the heat would be used to produce bioethanol or medical […]
IPO of Hidroelectrica on hold as Romania bans sale of state assets for two years
The long-awaited stock market listing of the flagship hydropower producer in Romania was postponed yet again. Lawmakers in Bucharest voted to freeze all activity aimed at the privatization of any part of state-owned companies and the measure includes the initial public offering – IPO planned for Hidroelectrica. The opposition, led by Social Democratic Party (PSD), […]
Elektroprenos BiH approves EUR 88.9 million investment plan for 2020
The shareholders’ assembly of electricity transmission company Elektroprenos – Elektroprijenos BiH has approved the EUR 88.9 million investment plan for 2020. The adoption of the plan is the result of an agreement between the prime ministers of the Federation of Bosnia and Herzegovina (FBiH) and the Republic of Srpska (RS) Fadil Novalić and Radovan Višković, […]
Works begin on EUR 13.5 million Kragujevac-Kraljevo transmission line
For the first phase of the construction of the Trans-Balkan Electricity Corridor, worth EUR 157 million, EMS is using KfW’s EUR 15 million loan and another EUR 6.5 million from European funds. The construction of the Kragujevac-Kraljevo overhead power link is the project’s second section out of four. A ceremony was held for the start […]
10 steps Serbia should take on the path of green growth
Author: Danko Kalkan, Green Finance and Environmental Management Expert From an environmental point of view, Serbia is one of the most endangered countries in Europe. What are its four biggest ecological problems and what steps it needs to take in order to catch up with the developed world in terms of sustainable development? In the […]
Greece introduces subsidies for electric vehicles of EUR 100 million
The Greek government has secured EUR 100 million for subsidies for the purchase of electric vehicles (EVs). The funds are planed for a period of 18 months. This is the first phase in the government’s program to enable faster uptake of EVs. The goal is to have one in three new vehicles powered by electricity […]
Statkraft to start building floating photovoltaic unit at Banja HPP in Albania
The first of four rafts with solar panels and a diameter of 70 meters is scheduled to be finished before the end of December, according to Statkraft, which is installing the first floating photovoltaic plant in Albania with Ocean Sun from Norway. Ocean Sun is delivering a floating 500 kW direct current system for the […]