Slovenia interested in undersea power line, hydropower plants in Montenegro
On the first day of the Joint Commission for the implementation of the Agreement on Economic Cooperation between Montenegro and Slovenia, the alpine country has shown interest in expanding energy sector cooperation with Montenegro by utilizing the capacity of the undersea high-voltage power line that will link Montenegro to Italy, and by taking part in […]
World Bank to support Albania’s energy projects further
The World Bank is eager to help Albania address constraints and overcome challenges in making the energy sector competitive and efficient and expanding integration with neighbours, the organization’s eight executive directors told the government in Tirana, headed by prime minister Edi Rama. The two-day visit organized at the end of last month as part of […]
Romanian Hidroelectrica not insolvent, IPO to follow soon
Hidroelectrica, Romania’s largest power producer is officially solvent, as stated in the final court decision. This move will enable stock-market trade with Hidroeletrica’s shares. Court’s decision is final, and it will unblock Initial Public Offer (IPO) sale of 15% of company’s share. Remus Borza from Euro Insol, court appointed administrator of Hidroelectrica, expects that this share […]
EBRD seeks consultant for hydropower sector plan
As part of activities to bolster Macedonia’s share of power generation from hydro facilities, currently at one fifth, the European Bank for Reconstruction and Development placed a call for services of a consulting company. Its responsibility will be to assist the government of the Balkan country in conceptual design for the best hydropower development option […]
Green certificates for two HEP hydropower plants
Croatian energy regulatory body (HERA), assigned green certificate to two hydropower plants of Croatian state-owned power utility (HEP) earlier this month. The green certificates provide them with a status of privileged producer of electricity from renewable energy sources. However, these two hydropower plants, HPP Orlova and HPP Dubrava, even with green certificate, are not be entitled to receive […]
Hydropower potential Croatia’s best chance for more energy independence
Hydropower potential is Croatia’s best chance for more energy independence, concluded the participants of the 4. Energy Investment Forum 2017, which was organized in Zagreb by Poslovni dnevnik. The country currently imports around 30 percent of electricity consumed. “Hydro potential is our biggest potential with KN 3 billion investment cycle (EUR 403,8 million),” said Perica […]
RENEXPO Water and Energy fair will bring 2,500 experts to Belgrade
The biggest international Western Balkans RENEXPO Water and Energy fair will bring 2,500 experts in the field of water and energy to Belgrade, from April 25 to 27. Over 100 exhibitors from 20 countries will participate at the fair. Serbia, Montenegro, Bosnia and Herzegovina, Croatia and Macedonia will be presented at exhibits and conferences. “RENEXPO […]
EVN suspends construction of hydropower plants in Bulgaria
Austrian energy company EVN suspended its plans for the implementation of a 170 MW hydropower project in Bulgaria. Further implementation of Gorna Arda hydro power project is not realizable in the current environment due to changed energy policy conditions in Bulgaria, the company said in its latest business performance report. EVN says that impairment losses […]