Energoinvest, Končar to construct first N. Macedonia-Albania power line, new substation
North Macedonia’s transmission system operator (TSO) MEPSO has signed deals for a new 400 kV line to connect the country with Albania, a new 400/100 kV substation near Ohrid and an extension of Bitola 2 substation. Contracts worth EUR 35 million were awarded to Bosnia and Herzegovina’s Energoinvest and Croatia’s Končar. The new line will […]
Credit Agricole Serbia, KfW secure EUR 25 million for loans for energy efficiency, renewables
Credit Agricole Serbia has signed a EUR 25 million loan agreement with KfW bank to finance projects in energy efficiency and renewable energy sources. Entrepreneurs, small and medium-sized businesses as well as agricultural producers will have the opportunity to get grants and free assistance from technical consultants who assess the feasibility and cost effectiveness of […]
Sarajevo gets EUR 35 million in loans for greener public transport
The Ministry of Finance and Treasury of Bosnia and Herzegovina and the EBRD have signed two loan agreements supported under the lender’s Green Cities program for public transport in Sarajevo. The investments will help Sarajevo, one of the cities that have the most polluted air not only in the region but in the entire world, […]
Register for Trebinje Energy Summit – SET 2020
Power utility Elektroprivreda Republike Srpske (ERS), the City of Trebinje and SET Trebinje, which are organizing Trebinje Energy Summit – SET 2020, have announced that the event will bring together a large number of decision makers from governments and energy companies from the region, as well as from international financial institutions. The summit will have […]
Valorem takes over wind energy portfolio of 82 MW in Greece
French green power company Valorem said it has bought a portfolio of 82 MW wind projects in Greece, in a move to expand its operations in this country. According to information it posted on its website, the affiliate of private equity and venture capital firm 3i covers all the phases of renewable energy investments from […]
China inks first deal for three HPPs in Srpska in BiH worth EUR 100 million
Prime minister of the Republic of Srpska Radovan Višković has reached the initial agreement on installing three hydropower plants on the Bistrica river with 45 MW in combined capacity. AVIC-ENG – China National Aero-technology International Engineering Corp. accepted the assignment and its chairman Suo Shuhe signed the agreement. During a working visit to the world’s […]
Damage from small hydropower is much larger than gains, study finds
The Balkans and Turkey are examples of how quickly free-flowing rivers and river stretches “can be degraded by being turned into impoundments,” World Wide Fund for Nature warned after publishing a study it commissioned together with RiverWatch, Geota and EuroNatur. Environmentalists said hydropower puts “tremendous pressure on Europe’s biodiversity, and for specific projects a disregard […]
Bulgaria’s funding for waste incinerator CHP greenlighted by EU
The European Commission said on November 25 that it gave the go-ahead for Bulgaria’s proposal to back a project for a high-efficient cogeneration system in the capital city. The overwhelming part of the EUR 93.8 million plan for the waste incinerator is money from the trade bloc’s structural funds. The remaining EUR 3 million will […]