Montenegro can have 17,500 new jobs in green economy by 2020
According to UNEP/UNDP report, Montenegro could open 17,500 new jobs in the next few years by investing in green economy, primarily in the tourism and related sectors. Total of 95 percent of new green jobs can be opened as a result of energy efficiency measures in construction and transportation. Green economy concept is already integrated […]
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 […]
ELEM and AF Consult signed feasibility study for Vardar Valley energy project
Macedonian state-owned utility ELEM and consulting company AF Consult from Switzerland signed the agreement regarding feasibility study for Vardar Valley energy project. The Swiss company has nine months to deliver EUR 88,626 worth study draft that should identify goals and activities for the project development. The key task of the study is to choose an […]
Limak looks for new projects in Albania
After the commissioning of a 73 MW hydropower and dam system Banja, Nihat Özdemir, board chairman of Limak Group, said this week that the Turkish company seeks other investment possibilities in Albania, as a developing economy and a candidate for membership in the European Union. He added Banja plant would start generating electrical energy soon. […]
Statkraft opened its first hydropower plant in Albania
Statkraft officially opened 73 MW hydropower plant Banja on Friday, September 23. It is the first of the two hydropower plants by Norwegian company in Albania being constructed as part of the 256 MW Devoll hydro power project due for completion in 2018. Power stations, Banja and Moglicë, are located on the Devoll river, in […]
Only five green power units added this year
According to fresh data from the Energy Agency of the Republic of Macedonia, power plants that use renewable sources, excluding large hydropower, have total capacity of 117.8 MW, a comparably small share of total electricity generation, portal Build.mk reported. The 168 renewables units are equivalent to only one thermal power plant, TEC Oslomej in Kičevo, […]
Statkraft commits to Turkish market despite turmoil
Christian Rynning-Tønnesen, chief executive of Statkraft AS, denied rumours the company would leave Turkey following the failed military coup attempt in July. In early September he told Anadolu Agency’s Energy News Terminal the potential of renewables in the country as well as the tariff mechanism offer attractive prospects. Statkraft, fully owned by the Norwegian state, […]
State mulls scrapping development of 1 GW hydro plant
The government in Bucharest is considering the option to abandoning a renewable energy project worth EUR 1 billion. Energy minister Victor Grigorescu said Romania’s cabinet is looking for alternatives for hydro pumped storage unit Tarnița – Lăpuștești, designed for 1 GW, as quoted by News.ro on September 7. There are prospects to switch to several […]