Hidroelectrica initiates takeover of ČEZ, Enel’s facilities in Romania
The management of Speeh Hidroelectrica SA requested the goahead from shareholders to hire consultants and lawyers in the procedure it started with the aim to acquire assets from ČEZ Group and Enel SpA, counting on them divesting in Romania. The extraordinary meeting is scheduled for December 12. The hydropower plant operator also asked for a […]
Public call for local projects near wind park Kovačica to expire on Dec. 15
Electrawinds K-Wind Doo is preparing to analyze applications by nonprofits from Kovačica, in a rare program for local support. The operator of the largest wind park in Serbia, located north of capital Belgrade, is granting as much as EUR 5,000 per project. Organizations active in the municipality can fill the form by December 15 for […]
Italy-Montenegro yearly capacity auction offer lands at 140 MW
Following the launch of the interconnection across the Adriatic Sea, the Coordinated Auction Office in South East Europe or SEE CAO started the auction process for 2020 by offering the capacity of 140 MW in both ways. The operator received bids for the allocation of physical transmission rights (PTRs). After the announcement of the provisional […]
China inks first deal for three HPPs in Srpska in BiH worth EUR 100 million
Prime minister of the Republic of Srpska Radovan Višković has reached the initial agreement on installing three hydropower plants on the Bistrica river with 45 MW in combined capacity. AVIC-ENG – China National Aero-technology International Engineering Corp. accepted the assignment and its chairman Suo Shuhe signed the agreement. During a working visit to the world’s […]
Renewables, power storage are Kosovo’s* best choice: World Bank study
The most affordable strategy for the government in Prishtina would be to phase out coal-fueled power production, according to a previously unseen document that the United States–based Institute for Energy Economics and Financial Analysis or IEEFA has reviewed. The World Bank apparently concluded in August of last year that ContourGlobal Plc’s plan for to build […]
Nexans to begin laying cable to Syros under Aegean Sea
Top officials from the Independent Power Transmission Operator SA (IPTO or ADMIE) of Greece and contractor Nexans SA, based in France, announced yesterday in Lavrion port that boats are about to start rolling out the electric cable in the third phase of establishing an interconnection with Cyclades Islands. The first, 28-kilometre section of the submarine […]
MPs from region facilitate energy transition with support of GIZ ORF-EE (part two)
The GIZ Open Regional Fund for South East Europe – Energy Efficiency (GIZ ORF-EE) has implemented a series of projects over the last eight years which have resulted in strong partnerships and cooperation with MPs from across the region. By supporting the work of parliamentarians through its regional collaboration, knowledge and experience exchange platform, GIZ […]
Damage from small hydropower is much larger than gains, study finds
The Balkans and Turkey are examples of how quickly free-flowing rivers and river stretches “can be degraded by being turned into impoundments,” World Wide Fund for Nature warned after publishing a study it commissioned together with RiverWatch, Geota and EuroNatur. Environmentalists said hydropower puts “tremendous pressure on Europe’s biodiversity, and for specific projects a disregard […]