N. Macedonia to raise power prices by 7.42% due to coronavirus effect on energy companies
Regulated electricity prices for households in North Macedonia will be increased by 7.42% after the Energy Regulatory Commission approved a request sent by energy companies. According to Marko Bislimoski, president of the commission, the higher price was demanded by state-owned companies Elektrani na Severna Makedonija (ESM), and MEPSO, as well as by Austria-based power supplier […]
PPC, EPCG get EUR 210 million in loans to absorb coronavirus challenges
State-owned power utilities from Greece and Montenegro – Public Power Corporation (PPC) and Elektroprivreda Crne Gore (EPCG), have secured loans in the amount of EUR 210 million to absorb the challenges presented by the coronavirus pandemic. The loans, approved by the European Bank for Reconstruction and Development (EBRD), will enable the companies to continue to […]
EBRD may lend EUR 9.75 million to KESH for floating solar power plant
Albania’s state-owned power producer may cover most of the cost for its hybrid power plant project with debt. EBRD targets October 21 for the approval of a secured loan of EUR 9.75 million for a floating photovoltaic system on the reservoir of the Vau i Dejës hydropower plant owned by KESH. The European Bank for […]
Croatia announces public call for renewable energy premiums
The Croatian Energy Market Operator (HROTE) has announced an auction for the award of premiums and guaranteed purchase prices for electricity from renewable sources. The public call refers to solar power plants (50 MW), small hydropower plants (9 MW), as well as biogas (15 MW) and biomass (14 MW) power plants with a total capacity […]
Albania inks concession with Voltalia for Karavasta solar power plant
After winning the auction, French company Voltalia landed a 15-year fixed rate deal for half of the production of the future 140 MW photovoltaic plant in Albania. The Karavasta Park concession agreement is for 30 years. Minister of Infrastructure and Energy Belinda Balluku and Chief Executive Officer of Voltalia Sébastien Clerc have signed a 30-year […]
Most read in July: Energy democracy coming to Southeastern Europe
The wave of energy democracy in the region is slowly strengthening. The story on citizens in Greece joining hands to speed up energy transition was the most read article in July on the English language version of Balkan Green Energy News. The list is also available for the Serbian language version of the website (Najčitanije […]
Southeast Electricity Network Coordination Center opens in Thessaloniki
Four transmission system operators founded a regional security coordinator for security analysis in operational planning, for adequacy forecasts, grid modeling and outage planning. The Southeast Electricity Network Coordination Center is based in Thessaloniki in Greece. Greece’s Independent Power Transmission Operator (IPTO or Admie), Italy’s Terna, Romania’s Transelectrica and Bulgaria’s ESO-EAD announced they established the Southeast Electricity […]
Environmentalists alert UNESCO of ‘ecocide’ of Tara river in Montenegro
Activists in Montenegro informed UNESCO of the destruction of wildlife in the Tara, a world heritage site, and suggested construction material is being discharged into the river during the construction of small hydropower plants and a highway. Most of Tara river’s flow through Montenegro has become muddy from thousands of tons of gravel, soil and […]
