Swiss energy trader Axpo inks PPA to buy electricity from 300 MWp of solar in Poland
Axpo Polska will buy the entire output of the solar power plants between 2022 and 2026, and will act as the balancing agent for the project portfolio.
North Macedonia, Montenegro invite bids for day-ahead trading platforms
North Macedonia’s national electricity market operator, MEMO, and Montenegro’s power exchange operator, BELEN, have launched tendering for day-ahead trading platforms.
Slovenia’s GEN-I to build 17 MW solar power plant in North Macedonia
Slovenia’s GEN-I is launching construction on its first large-scale solar power plant, after gaining rights to develop 17 MW in North Macedonia.
ERS posts EUR 28.6 million profit in H1, presses ahead with HPP, small HPP, wind park projects
Elektroprivreda Republike Srpske (ERS) reported a EUR 28.6 million profit in the first half of 2018, acting General Manager Radmila Čičković has told Srna, local media reported. All production and distribution units of ERS, the power utility of Bosnian Serb entity Republika Srpska, except the Gacko coal mining and thermal power plant complex, operated in […]
Hidroelectrica eyeing acquisition opportunities
Romanian power utility Hidroelectrica is considering the acquisition of wind and solar plants in Romania, as well as energy companies abroad, CEO Bogdan Badea said, Romanian media reported. According to ZiarulFinanciar, Hidroelectrica plans to open electricity trading office in Hungary. The biggest Romanian hydropower producer intends to inaugurate the office in Budapest, Hungary in September. […]
Greek PPC approved acquisition of regional power trading company EDS
Greek Public Power Corporation (PPC) approved the acquisition of Energy Delivery Solutions (EDS), electricity trading and supply company in former Yugoslav Republic of Macedonia (FYR of Macedonia). The approval comes three months after PPC said that it is close to acquire EDS. “PPC’s Board of directors after completing all the required economic and legal affairs […]
EPS sells first megawatts without agent
Elektroprivreda Srbije (EPS), Serbia’s power monopoly, said its Slovenian subsidiary EPS Trgovanje started trading in electricity on Hungarian HUPX market, without a service broker for the first time in 24 years. In the premiere deal, the firm sold 240 MWh at a current price of EUR 43.66 per MWh for the Europeak product, it said. […]