EMS signs EUR 6.5 million contract for second phase of Trans-Balkan corridor
Serbian transmission system operator Elektromreža Srbije (EMS) and consortium composed of Energotehnika Južna Bačka, Elektromontaža Kraljevo and Elnos BL have signed EUR 6.5 million contract on the works on the second phase of the Trans-Balkan Electricity Corridor in Serbia. The works include the construction of a 400 kV switchyard and 400/220 kV transformer in Kraljevo […]
Turkey’s Soyak eyes investment in geothermal energy in Croatia
The Turkey-based Soyak is interested in investing in geothermal energy in the Croatian municipalities of Legrad and Đelekovec. The company’s representatives have visited Legrad and they spoke with decision makers from the two municipalities about possible projects, the Municipality of Legrad said on its website. The Turkish company applied for a concession on the recently […]
Serbian Biogas Association unveils guide for investors
The Serbian Biogas Association has published a guide for investors interested in building a biogas plant in Serbia, whose main purpose is to encourage new investment in the sector and support those who have already decided to invest in biogas. The guide, developed by the Serbian Biogas Association in cooperation with the rural development department […]
Greece earmarks EUR 850 million for energy efficiency, prosumers
The Greek government has prepared an EUR 850 million program for energy efficiency in the private buildings sector, including incentives for the use of renewable energy for self-consumption and the introduction of solutions for smart homes. The idea is to introduce energy saving measures in 60,000 households per year until 2030, local media reported. The […]
TENDERING: EPCG looking for project design for new unit at HPP Perućica
Montenegrin state power utility Elektroprivreda Crne Gore (EPCG) has announced an international tendering for the preparation of project documentation for installing a 58.5 MW unit at hydropower plant (HPP) Perućica. The preparation of the project documentation for the A8 unit will be financed with a portion of a loan approved by the German development bank […]
Construction of first wind farm in Republic of Srpska to start in October
The construction of the Grebak wind farm, the first in the Republic of Srpska, is expected to start in October. The investment in the 50 MW wind farm is estimated at around EUR 65 million. The concession agreement between the Ministry of Energy and Mining of the Republic of Srpska and German company VE Grebak […]
Energy companies in Montenegro to invest EUR 734 million by 2024, EUR 1 billion in total
Energy companies in Montenegro plan to invest more than EUR 1 billion, of which EUR 734.6 million in the next four years, according to the third socio-economic package, adopted by the government to mitigate the coronavirus pandemic effects. The largest part of these investments will be implemented by state-owned companies Elektroprivreda Crne Gore (EPCG), Crnogorski […]
Terna Energy sells Mountain Air wind farm in US
Greece’s Terna Energy has sold the 138 MW Mountain Air wind farm in Idaho in the United States to Innergex Renewable Energy Inc. for USD 215 million. According to the Greek energy company, the operating profit of the project amounted to USD 17.6 million in 2019. The sale is expected to generate a profit of […]