Croatia’s HEP Group posts EUR 184 million net profit for 2018

Croatia’s state-owned energy company Hrvatska Elektroprivreda (HEP Group) reported a net profit of HRK 1.36 billion (around EUR 184 million) in 2018, an increase of 5% compared to 2017. The profit came from the group’s electricity business, with losses seem in other segments of operations, according to HEP Group’s annual report. HEP Group posted an […]

Call issued for climate change projects to be funded by Green Climate Fund

Serbia’s Ministry of Agriculture, Forestry and Water Management, in cooperation with the United Nations Environment Program (UNEP), has invited all interested parties to submit project ideas for reducing greenhouse gas emissions and adapting to climate change at the national level whose implementation requires funds from the Green Climate Fund (GCF). The deadline for submitting climate […]

EPS reports net loss of EUR 11 million in 2018

State-owned power utility Elektroprivreda Srbije (EPS) made a net loss of RSD 1.3 billion (around EUR 11 million) in 2018, according to the business report of the EPS Group for 2018. A year earlier, the company reported a net profit of around RSD 6.3 billion (around EUR 53 million). EPS posted a pre-tax profit of […]

Siemens pressing ahead with eHighway solution to decarbonize transport sector

Carbon emissions from heavy-duty vehicles, including lorries, buses, and coaches, represent around 27% of total road transport CO2 emissions. While the EU has introduced new rules for manufacturers to cut CO2 emissions from new trucks by 30% from 2030, German technology powerhouse Siemens is offering a zero-emission solution: the eHighway system. Installed, tested, demonstrated, or […]