EUR 230 million to be invested in improvements of Bulgaria’s water supply, wastewater treatment
A total of EUR 230 million is to be invested to improve Bulgaria’s water supply and wastewater treatment from Bulgaria’s, the EU’s, and the European Bank for Reconstruction and Development’s (EBRD) sources. The Fund Manager of Financial Instruments in Bulgaria (FMFIB), or Fund of Funds, has been set up by the Bulgarian state to structure […]
ERS opens 8.76 MW hydropower plant Bočac 2 under EUR 21.5 million investment
Power utility Elektroprivreda Republike Srpske (ERS) yesterday unveiled the Bočac 2 hydropower plant (HPP) with an installed capacity of 8.76 MW and the expected annual output of 41.6 GWh of electricity. The project worth BAM 42 million (about EUR 21.5 million) is expected to break even within seven years. Alongside HPP Bočac 2, which will […]
Elektroprivreda Srbije commissions EUR 9.5 million substation on Mt. Kopaonik
Public power company Elektroprivreda Srbije (EPS) has put into operation a state-of-the-art 110/35/10 kV substation on Mt. Kopaonik, in a project worth EUR 9.5 million, implemented by German engineering group Siemens, EPS said in a press release. The 110 kV Kopaonik substation, with 35 kV and 10 kV outputs, has a cutting-edge technology, according to […]
Hidroelectrica to have EUR 800 million budget for HPP upgrades by 2020
State-owned power utility Hidroelectrica will have EUR 800 million at its disposal by 2020 to modernize the hydropower plants (HPPs) it currently operates, according to Romania’s draft Energy Sector Strategy for the period 2018-2030 with projections until 2050, local media reported. The strategic document also envisages EUR 2.5 billion in investments for completing new hydropower […]
Ministry receives six bids for solar project from US, EU companies
Albania’s Ministry of Infrastructure and Energy has received six bids from international companies for building a solar photovoltaic (PV) power plant, the ministry has said in a press release. Last month, the ministry launched a bidding procedure for the construction of a solar plant for the generation of electricity in the Akerni area in the […]
Izmir secures EUR 80 million loan for EUR 250 million investment in low-carbon metro
Izmir, Turkey’s third-largest city with a population of close to 4.2 million, has secured a EUR 80 million loan from the European Bank for Reconstruction and Development (EBRD) for a EUR 250 million project to build its second metro line. Metro development in Izmir represents a major investment in zero-emission transport at the local level. […]
Kopač warns BiH Framework Energy Strategy until 2035 is useless without related law
Energy Community Secretariat Director Janez Kopač has said that Bosnia and Herzegovina’s (BiH) recently adopted BiH Framework Energy Strategy until 2035 is useless in terms of attracting major investments without the passage of a related law. The BiH Framework Energy Strategy until 2035, which the BiH Council of Ministers adopted in late August, is a […]
Council of Ministers adopts BiH Framework Energy Strategy until 2035
The Council of Ministers of Bosnia and Herzegovina (BiH) has passed a decision on the adoption of the BiH Framework Energy Strategy until 2035, creating conditions to draw IPA funds and funds from the Western Balkans Investment Framework (WBIF) for the energy sector, as well as to attract investors to the sector, the Council of […]