EPS to invest EUR 4.6 billion by 2027, EUR 700 million to go into hydropower, renewables
Public power utility Elektroprivreda Srbije (EPS) intends to invest EUR 4.6 billion from 2019 to 2027, of which EUR 1.6 billion in the modernization of existing and construction of new thermal power plants (TPPs) as well as environmental protection, EUR 1,3 billion in distribution projects, EUR 1 billion in the coal sector, and EUR 700 […]
Turkish automotive event IAEC puts focus on electric cars
The two-day International Automotive Engineering Conference starts on November 7 in Istanbul’s Beşiktaş. The annual gathering will this time be held under the slogan Electric Vehicle Technologies and its Future. IAEC’s organisers from Turkey’s car industry groups said companies in the sector are increasingly leaning on research and development. Together with the push into electrification, […]
EPCG to invest EUR 700 million to build new renewables capacities, upgrade other facilities
State power utility Elektroprivreda Crne Gore (ЕPCG) will invest a total of EUR 700 million to build new renewable energy capacities and upgrade its other power generation facilities to bring them into line with environmental standards, with the aim of reducing dependence on imports due to hydrologic conditions, local media reported following a session of […]
Mayors of Western Balkan capitals – ambassadors of sustainable urban mobility in the region
The mayors of capital cities in the Western Balkans supported and took part in the European Mobility Week, from September 16 to 22. This year, 104 cities, municipalities, non-governmental organizations (NGOs), businesses, and schools from the Western Balkan region are registered to have taken part in the implementation of temporary or permanent urban mobility measures. […]
Terna Energy to invest EUR 250 million in renewables in Greece
Greek energy group Terna Energy has announced EUR 250 million in new investments in renewable energy sources in Greece. Continuing its investment program in Greece, Terna is implementing new investments of more than EUR 250 million in the clean energy production sector, the company has said on its website. In 2019 the company began its […]
Petrol top management steps down unexpectedly
In a surprise move, the three-member top management of Slovenian energy company Petrol, headed by Tomaž Berločnik, has resigned following a meeting with the supervisory board, Slovenian media have reported. Until a new management is appointed, the company will be led by Nada Drobne Popović, who has served as supervisory board chairwoman. In a press […]
Four in five EU coal power plants unprofitable: Greece’s PPC faces EUR 596 million loss, Romania’s CE Oltenia EUR 567 million
Four in five EU coal power plants are unprofitable and utilities could lose EUR 6.6 billion this year alone, finds a new report from financial think-tank Carbon Tracker. Looking at the region, Greek utility PPC could lose EUR 596 million this year, Romanian utilities could lose EUR 567 with CE Oltenia alone facing losses of […]
EIB rejected Vinča incinerator project citing EU rules, activists claim
The European Investment Bank decided against funding the incinerator in Vinča over the targets in waste recycling and circular economy that are defined in chapter 27 of the talks about Serbia’s accession to the European Union, according to Don’t Let Belgrade Drown. The finance institution estimated, the initiative’s representatives claim, that it acted in compliance with […]