Serbia’s EPS to install 97.2 MW solar power plant in Kostolac
Serbia’s state-owned power utility Elektroprivreda Srbije (EPS) plans to install 97.2 MW solar power plant Srednje Kostolačko Ostrvo. The investment is estimated at EUR 84 million. After launching the construction of the 66 MW Kostolac wind farm, this should be the company’s second major renewable energy project. The PV plant is planned at an ash […]
Sustainable development must not hinge on economic growth alone
Author: Danko Kalkan, Green Finance and Environmental Management Unit Coordinator in ProCredit Bank’s subsidiary in Serbia In most capitalist economies, it is a generally accepted rule that environmental improvements must wait until economic growth has reached a certain level. This misguided mantra has led to delays in the implementation of sustainable development principles, resulting in […]
North Macedonia to use coal pit Oslomej for 100 MW photovoltaic project
Applications will be received until May 8. The investor is obligated to secure EUR 80 million, the entire estimated cost. North Macedonia’s state-owned utility ESM was declared the public partner for Oslomej, where the photovoltaic power plant will consist of two equal units. Prime minister Oliver Spasovski said solar arrays on the location of a […]
Slovenia’s Petrol gets new top management
The supervisory board of Petrol has appointed a new management board for a five-year term of office. As of February 11, the board is chaired by Nada Drobne Popović, former head of the supervisory board. Members Matija Bitenc and Jože Bajuk will join her on March 11, the firm said in a press release. Petrol […]
PPC Renewables to apply for rest of two giant solar power units in Greece
Documents are being prepared for the other half of capacity in photovoltaic systems planned at 3 GW in total. The dominant power producer wants to install one of the world’s biggest solar power plants at opencut mines and accompanying coal facilities scheduled to be shut down in the northwest of Greece. Following the 1.5 GW […]
Romania to invest EUR 53 million in charging stations for hybrid, electric vehicles
Romania is launching a EUR 53 million state aid scheme to stimulate investments in charging stations for hybrid and electric vehicles (EVs) which will span from 2020 to 2025. The measure is approved by the European Commission under EU state aid rules. Romania currently has more than 150 charging stations for EVs. In 2018, authorities […]
Energoinvest, Končar to construct first N. Macedonia-Albania power line, new substation
North Macedonia’s transmission system operator (TSO) MEPSO has signed deals for a new 400 kV line to connect the country with Albania, a new 400/100 kV substation near Ohrid and an extension of Bitola 2 substation. Contracts worth EUR 35 million were awarded to Bosnia and Herzegovina’s Energoinvest and Croatia’s Končar. The new line will […]
UN Environment picking Champions of the Earth for annual award
The organizers aim to recognize the contribution of leaders from government, civil society and the private sector. For their positive impact on the environment, so far 93 laureates got the award. Nominations for the Champions of the Earth last until March 20. The United Nations Environmental Programme – UN Environment or UNEP has established the […]