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 […]
Construction of Vranduk hydropower plant officially begins
A ceremony to mark the start of the construction of a green energy project worth EUR 57.4 million was held yesterday on the territory of the city of Zenica in central Bosnia and Herzegovina. Works on the system which will have a capacity of 19.6 MW were launched in late July. Vranduk HPP, located next […]
Works start on headrace gallery for Dabar hydro plant
The construction of a new hydropower plant in Nevesinje in the Republic of Srpska began last week with the launch of a project of a tunnel worth BAM 112 million (EUR 57.3 million), Srna agency reported. Total investment into the 159 MW Dabar facility in the southeast of Bosnia and Herzegovina is estimated at EUR 180 million, while expropriation […]
Power exports soar 53.3% from first half of last year
Albania imported 776 GWh of electricity in the six months through June, 4.7% less than in the equivalent period of last year, the national Institute of Statistics (Instat) said. At the same time, the measure of gross deliveries abroad jumped 53.3% on an annual basis, to 1.29 TWh, due to more favourable hydrology and a […]