Most Read in June: Siemens Gamesa’s ETES, Montenegro goes coal-free for 10 days, EC Albania report
Even though it was published in late June, the news about Siemens Gamesa’s breakthrough electrothermal energy storage system made it to the number one spot on our English-language Top 3 Most Read list for June. The Top 3 Most Read list for June is also available for our portal’s Serbian/local language version. 1 – Siemens […]
Elsewedy agrees to buy 4 wind farms, 1 SHPP in Greece
Egypt’s Elsewedy Electric, an integrated energy and infrastructure solution provider, has announced entering into a share purchase agreement with R.F. Energy S.A. (a subsidiary of F.G Europe S.A.) to acquire 100% of the share capital of 3 wind energy and 1 hydropower companies in operation in Greece. The total consideration agreed is EUR 55 million, […]
European Commission: Albania should urgently diversify away from hydropower, properly conduct environmental assessments
Albania is moderately prepared in the area of energy, according to the European Commission’s latest report on the country’s alignment with the EU acquis. Albania’s national energy strategy 2018-2030 has been adopted, the Chapter 15 section of the report notes. However, the country has delayed electricity market reforms and should accelerate implementation of the connectivity […]
Czech energy company CEZ eyes pullout from Romania, Turkey
Czech energy company CEZ is working on divesting assets in Bulgaria but it may also pull out of other markets, including Romania, Turkey, and Poland, CEO Daniel Benes was quoted as saying in an interview with Hospodarske Noviny. In April, majority state-owned CEZ entered exclusive talks with Bulgaria’s Eurohold to sell its assets in the […]
EU Commission: Serbia makes limited progress on energy, climate change yet to receive adequate attention
Serbia made limited progress in the area of energy, while the policy areas of environment and climate change have yet to receive adequate attention, according to the European Commission’s latest annual assessment of the implementation of reforms in the country, adopted today. The European Commission’s annual assessment deals with Serbia’s progress across 35 chapters of […]
EBRD tightens environmental, disclosure standards for all hydropower projects
The European Bank for Reconstruction and Development (EBRD) has unveiled its new good governance policies after conducting public consultations across 8 cities, including Belgrade, Serbia. According to its new Environmental and Social Policy, the EBRD will require its financial intermediaries to refer all high-risk sub projects, including all hydropower projects, back to the EBRD’s in-house […]
Western Balkan countries once again commit to clean energy development, as EU warns them about hydropower
Western Balkan countries are renewing their vows to switch to clean energy sources under joint statements and declarations. However, the EU is calling for caution when it comes to hydropower, warning that the construction of hydropower plants (HPPs) must be in line with the sustainable development principles and the future EU requirements for countries in […]
Construction of SHPP near Štrpce halted, Podgorica to host talks on hydropower in the region
Amid the public outcry against the construction of small hydropower plants (SHPPs) throughout the region, with the latest cases in Štrpce in Kosovo* and at the Krapska river in Macedonia, all interested parties will have the opportunity to exchange views during two meetings in Podgorica – a public debate on planned hydropower plants (HPPs) on […]