Albania, Kosovo* to jointly build 200 MW hydropower plant

Albania and Kosovo* will jointly build a 200 MW hydropower plant (HPP) in the area between Dragash and Prizren, Kosovo* Minister of Economic Development Valdrin Lluka said. He said that the project will receive support from the European Union in the amount of EUR 20 million, Albaniandailynews portal reported. According to the minister, the idea […]

Litostroj, ABB to modernize HPP Piva

Power utility Elektroprivreda Crne Gore (EPCG) and a consortium of Slovenia’s Litostroj and Italy’s ABB JV have signed a contract on a EUR 10.3 million reconstruction and modernization of the Piva hydropower plant (HPP), the Montenegrin company said. The contract, which will be financed by German development bank KfW with EUR 8.5 million and from […]

Returns on green investments are down, but so are costs

On the sidelines of the Green for Growth Fund’s (GGF) recently held Sustainable Future Forum and the grand finale of the clim@ pitching competition for startups, Christopher Knowles, who at the time served as chairman of the GGF, spoke to Balkan Green Energy News about the impact of innovative solutions, return on green investments, and […]

EBRD mulls equity investment in Turkish renewable energy business

The European Bank for Reconstruction and Development (EBRD) is considering an equity investment, in the form of capital increase, in Turkish renewable energy firm Ictas Yenilenebilir Enerji Uretim ve Ticaret. The portfolio of the renewable energy firm, a unit of IC Ictas Enerji Yatirim Holding, consists of around 400 MW of operational hydropower plants and […]