CGES to pay dividend from retained earnings from previous years
Montenegrin transmission system operator (TSO) Crnogorski Elektroprenosni Sistem’s (CGES) shareholder assembly has backed a EUR 16.2 million dividend payment, the company said on its website. On the last day of 2018, the company’s shareholder assembly adopted the decision to allocate a gross EUR 16.24 million in dividends. This is a part of the company’s retained earnings […]
Top 3 Most Read articles in December
After the success of our Top 10 Most Read articles in 2018, Balkan Green Energy News is introducing the Top 3 Most Read articles by month. The list is also available for the Serbian-language version of the website. Here is what grabbed the most attention from our English-language readers in December. 1 – An interview with […]
Enlight Renewable Energy’s Kovačica wind farm starts trial production
The 104.5 MW Kovačica wind farm, operated by Israel’s Enlight Renewable Energy, has started trial production and is expected to be fully operational in the second quarter of the year, the company said. The company owns 3 wind farms in the region, in Croatia (Lukovac), Serbia (Kovačica), and Kosovo*. The Kovačica wind farm, Enlight’s largest project in […]
Tendering: Maintenance of solar power system, other garage facilities
Belgrade’s public parking management company Parking Servis has launched tendering for the maintenance of the Zeleni Venac garage’s solar power system, facade, and hydrant network. The 30 kW solar power system is under warranty until February 2, 2020, according to the text of the public invitation to bid. The solar power system comprises 155 photovoltaic […]
Power utility EPS gets energy permit to build its 1st wind farm
State power utility Elektroprivreda Srbije (EPS) has obtained the energy permit for the construction of its first wind farm. The energy permit was issued on December 31, 2018, according to a press release from EPS. The construction of the Kostolac wind farm is expected to begin in the third quarter of 2019. The investment is […]
CEDIS signs EUR 22 million agreement to upgrade distribution network
Montenegrin distribution system operator (DSO) Crnogorski elektrodistributivni sistem (CEDIS) and the consortium of Montenegrin companies Mezon, Electro Team and Ramel have signed a EUR 22.4 million Framework Agreement for a project to revitalize the medium and low voltage distribution network. The Framework Agreement was signed for a period of 24 months, the company said on […]
Contract signed to build 250 MW solar power plant
The Montenegrin government has signed a contract on the construction of a 250 MW solar power plant at the Briska Gora location with a consortium comprising Finland’s state energy company Fortum, Montenegro’s state power utility Elektroprivreda Crne Gore (EPCG), and Sterling & Wilson International Solar FZCO, according to a press release from the Ministry of […]
Tendering: Concession to build small hydropower plant Štedrić 1
The Republika Srpska Ministry of Industry, Energy, and Mining has launched tendering for a concession to build the Štedrić 1 small hydropower plant (SHPP) on the river Štedrić, a tributary of the river Zeleni Jadar. The construction of SHPP Štedrić 1, with an estimated installed capacity of 0.58 MW and annual output of 3.54 GWh […]


