Kosovo* secures additional EUR 11 million for wastewater treatment plant
The Municipality of Gjilan/Gnjilane in Kosovo* has secured another EUR 11 million from the European Investment Bank (EIB) for a wastewater treatment plant. With the loan, the total amount approved for the project is EUR 24.1 million. The investment will improve wastewater management and provide affordable access to water and wastewater services for more than […]
Korea’s Youngsan to establish facility in Serbia to sell solar panels
Elias Eco intends to build a facility for processing, storage and sale of solar panels in Požarevac, Serbia. The company first signed a memorandum of understanding for a hazardous waste incinerator. The MoU between the representatives of the City of Požarevac and Elias Eco, owned by Korea’s corporation Youngsan, was signed in March of last […]
Contracts signed for solar power plants of 21 MW in N. Macedonia
North Macedonia’s government has signed contracts with 23 investors for the construction of solar power plants of 21 MW in total on private land in 16 municipalities. Investors will also get feed-in premiums. The tendering procedure for photovoltaic installations on private land, backed by feed-in premiums, was published last year. The first round of tendering […]
Podgorica starts construction of EUR 50 million wastewater treatment system
The City of Podgorica has started the construction of the main sewage collector within a wastewater treatment system project, an investment of more than EUR 50 million. Mayor Ivan Vuković said the project of the century for the capital of Montenegro, as it is called, provides protection of the Morača river, groundwaters and water supply […]
Goverments in region to incentivize investments in renewables – PwC study on COVID-19
Governments in the region need to incentivize investments in renewables and reiterate the focus on sustainability, says PwC Croatia in a study called Impact of COVID-19 and Economic Downturn on South East Europe Power and Utility Sector. According to the document, the power and utility (P&U) sector is facing disruption across the value chain. However, […]
Terna: EUR 11 billion in green energy projects to boost Greece’s recovery
The Greek economy may get an enormous push with EUR 11 billion investments in renewable energy and electricity storage projects in the post-coronavirus era. According to Terna Energy’s Chairman Giorgos Peristeris, fully licensed investments in renewables with a total capacity of 2,400 MW are ready, while an additional 5,800 MW of renewable energy projects obtained […]
EPCG to invest EUR 51 million in 2020
Power utility Elektroprivreda Crne Gore (EPCG) intends to invest EUR 51 million this year in projects within the electricity generation sector and the development and engineering department. Last year, EPCG’s capital expenditures were EUR 9.35 million, and in October it announced EUR 700 million would be invested in new renewable energy capacities. The construction of the Briska […]
Tokyo-based Enechange, Looop to run Turkish 13 MW solar park for ten years
A solar power plant in Denizli province, Turkey will be the first investment by the newly established Japan Energy Fund. The overseas-specialized decarbonized energy fund is founded by Tokyo-based companies Enechange Ltd. and Looop Inc. Joint rights to operate the 13 MW photovoltaic system, located about 300 kilometers south of Istanbul, will be purchased for […]
