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 […]
OSHEE to invest EUR 294 million over five years
Albania’s power distribution network operator OSHEE plans to invest ALL 37.1 billion (around EUR 294.2 million) in the power supply facilities over the next five years. According to the Albanian media, OSHEE’s investment plan has been sent to the Albanian energy regulator, ERE. OSHEE’s representatives expect the investments to produce a financial effect of EUR […]
BEH gets EBRD’s financial backing to help with energy market liberalization
State-owned energy company Bulgarian Energy Holding (BEH) has secured a EUR 100 million investment from the European Bank for Reconstruction and Development (EBRD) in its seven-year EUR 550 million bond issuance to refinance an earlier bond under better terms, in what will improve its financial structure and is expected to help with the country’s energy […]
Company established for HPP Buk Bijela’s construction
Public power utility Elektroprivreda Republike Srpske (ERS) and its subsidiary Hidroelektrane na Drini have established a Foča-based joint venture, Hidroelektrana Buk Bijela, for the production and sale of electricity, news agency Srna reported. The agreement on the establishment of the joint venture was signed by ERS acting director Radmila Čičković and Nedeljko Perišić, director of […]
CEDIS to invest EUR 81.6 million in distribution network, tendering expected by end-October
Tendering for the selection of equipment suppliers and contractors for a project worth EUR 81.6 million to revitalize the Montenegrin power distribution network is expected by the end of October, while the start of the works is planned for February next year. The investments will be implemented by the Montenegrin distribution system operator (DSO), Crnogorski elektrodistributivni […]
