Croatia to invite applications for incentives to install EV charging stations in 2018, portal told
Croatia’s Environmental Protection and Energy Efficiency Fund has closed its announcement it would co-finance the installation of electric vehicle (EV) charging stations in 2018, but certainly plans to invite applications for the incentives in 2018, energetika-net has been told at the fund. “The announcement was aimed at getting feedback from interested applicants, as well as […]
BEH gets EBRD’s financial backing to help with energy market liberalization
State-owned energy company Bulgarian Energy Holding (BEH) has secured a EUR 100 million investment from the European Bank for Reconstruction and Development (EBRD) in its seven-year EUR 550 million bond issuance to refinance an earlier bond under better terms, in what will improve its financial structure and is expected to help with the country’s energy […]
Delayed project to build biomass heating plant in Novi Pazar expected to wrap up in 2019
The delayed EUR 3.6 million project to build a biomass heating plant in Novi Pazar as part of a wider plan for 10 district heating operators in Serbia to switch from fossil fuels to renewable energy sources is now expected to be completed in 2019, according to assistant mayor Faruk Suljević. Suljević told Sto Plus, […]
Renewable energy cooperatives herald region’s true energy transition
Author: Melani Furlan, head of regional activities, Green Energy Cooperative, Croatia In May 2018, Green Energy Cooperative or ZEZ (Zelena energetska zadruga) launched the first crowdinvesting initiative for renewables in Croatia, with support of the City of Križevci. In just 10 days the local renewable energy project (RES) project was successfully funded by citizen-investors. At […]
Belgrade landfill operator to apply to get biogas plant into feed-in tariff system
Once it gets the construction permit under the EUR 330 million public-private partnership (PPP) project to remediate the Vinča landfill, Suez Vinča Operator will apply to sell the output of a 3 MW biogas plant under the feed-in tariff system, according to Marko Milačić, managing director of the firm, 100% owned by France’s Suez Groupe. […]
Hidroelectrica posts record six-month profit of EUR 207 million in H1
Romania’s state-owned power utility Hidroelectrica has reported a record six-month gross profit of RON 962 million (around EUR 207 million) in the first half of 2018, Business Review reported. The result, which was up 34% compared to H1 2017, was mainly attributable to cost control. In H1 2018, Hidroelectrica had turnover of RON 1.99 billion (EUR […]
Company established for HPP Buk Bijela’s construction
Public power utility Elektroprivreda Republike Srpske (ERS) and its subsidiary Hidroelektrane na Drini have established a Foča-based joint venture, Hidroelektrana Buk Bijela, for the production and sale of electricity, news agency Srna reported. The agreement on the establishment of the joint venture was signed by ERS acting director Radmila Čičković and Nedeljko Perišić, director of […]
Europe’s 1st automotive renewables PPA bolsters corporate drive to fight climate change
Even as climate change deniers hold some of the world’s top political offices and corporate posts, responsible business is taking tangible steps to fight climate change. Mercedes-Benz recently announced Europe’s first automotive Power Purchase Agreement (PPA) with a 45 MW Polish wind farm to power its manufacturing facility in the nearby town of Jawor, with […]