Statkraft invested EUR 150 million to construct HPP Moglice
Norwegian company Statkraft has so far invested EUR 150 million in the construction of Moglice hydro power plant, its second plant on the Devoll River in the southeast of Albania. The construction site was visited by the minister for energy and industry Damian Gjinkuri, who said that Statkraft is being mindful of the environment. “The […]
Slovenian municipalities sue Austrian HPP operator Verbund for flood damage
Several Slovenian municipalities are suing the Austrian company Verbund, an operator of hydropower plants (HPPs) on the Drava River, for the damage caused by the 2012 floods. The municipalities and entities affected by the flood claim more than EUR 100 million in the damage compensation, as RTV Slovenia reported. One of the municipalities suing Verbund […]
Lake Jablanica dries out, Elektroprivreda denies responsibility
Lake Jablanica in Bosnia and Herzegovina has dried out after the power utility Elektroprivreda BiH released water from the nearby dam, the locals said. This caused an ecological disaster and the loss of two million fish. The local fishermen say that Elektroprivreda released the water about 40 days ago without any prior notice. Restoring the […]
EBRD cancels the construction of HPP in Mavrovo park
The European Bank for Reconstruction and Development (EBRD) cancelled the construction of Boškov most hydropower plant in the Mavrovo national park in Macedonia. The value of the project, announced in 2011., was EUR 84 million. The ecological organization Eko-svest together with experts, ecologists and activists were committed from the very beginning to opposing the hydropower […]
EPS to invest EUR 4.5 billion by 2025
Elektroprivreda Srbije (EPS) plans to invest EUR 4.5 billion into Serbian electric power system, but renewable energy sources still cannot replace coal as the main source of energy, according to the Serbian public power company’s strategy director. “Coal fired power plants will remain the corner-stone of EPS power production in the coming period, along with […]
More bids expected for Morača HPPs construction
Montenegrin Ministry of Economy expects that it will get more offers for the construction of hydropower plants (HPPs) on the river Morača. So far, several memorandums of understanding have been signed and the investors interested in the Morača HPPs construction project are from China, Turkey and Slovenia, the daily Vijesti reported. One of the companies […]
EPS invests EUR 500 million in hydropower
Electric Power Industry of Serbia (EPS) will invest about half a billion euros in the modernisation of hydropower plants (HPPs) by 2025 announced Aleksandar Jakovljević, Director of the EPS Directorate for Strategy. Hydropower plants produce one third of EPS total electricity production. They were built from 26 to 60 years ago, so EPS plans to invest EUR […]
EPCG and EPS discussing plans for HPP Komarnica
In the middle course of the Komarnica valley in Montenegro, a 170 MW hydroelectric power plant (HPP) is planned to be constructed. The new plant is expected to produce around 200 GWh of electricity per year. Representatives of the Montenegrin Electric Power Company (EPCG) discussed the matters with project partners, Electric Power Industry of Serbia […]
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