Solar PV, thermal panel plant opens in Skopje
PiKCELL Group, in partnership with Solar Power, has unveiled a plant to produce solar photovoltaic (PV) and thermal panels in Skopje, the Macedonian media reported. This is the first such plant in Macedonia and the region, according to the reports. The investment is expected to reach EUR 5 million by the end of the year. […]
Concession deal signed with Suzlon to build, operate 25.2 MW wind farm
The Sarajevo Canton government today signed a concession agreement with Suzlon Wind Energy BH, a subsidiary of India’s wind turbine supplier Suzlon Energy, to build and operate a 25.2 MW wind farm, according to a press release on the government’s website. The Ivan Sedlo-Hadžići wind farm will be the canton’s first. The investment is worth […]
EPCG inks wind farm MoU with Austria’s Ivicom, feed-in tariffs not planned
Montenegro’s power utility Elektroprivreda Crne Gore (EPCG) and Austria-based Ivicom Holding have signed a memorandum of understanding (MoU) concerning the implementation of a project to build the Gvozd wind farm with a planned capacity of 50 MW, under an investment estimated at around EUR 70 million, EPCG has said in a press release. Financing for […]
CMEC considering construction of wind farms at Galica, Vlašić location
Prime Minister of the Central Bosnia Canton (SBK) Tahir Lendo met with representatives of local firms Tomix Kneževo and TLG Travnik, as well as China Machinery Engineering Corporation (CMEC) to discuss the construction of wind farms at the locations of Galica and Vlašić. CMEC and the two companies from Bosnia and Herzegovina started cooperation a […]
Hidroelectrica eyeing acquisition opportunities
Romanian power utility Hidroelectrica is considering the acquisition of wind and solar plants in Romania, as well as energy companies abroad, CEO Bogdan Badea said, Romanian media reported. According to ZiarulFinanciar, Hidroelectrica plans to open electricity trading office in Hungary. The biggest Romanian hydropower producer intends to inaugurate the office in Budapest, Hungary in September. […]
EBRD mulls equity investment in Turkish renewable energy business
The European Bank for Reconstruction and Development (EBRD) is considering an equity investment, in the form of capital increase, in Turkish renewable energy firm Ictas Yenilenebilir Enerji Uretim ve Ticaret. The portfolio of the renewable energy firm, a unit of IC Ictas Enerji Yatirim Holding, consists of around 400 MW of operational hydropower plants and […]
Adoption of energy sector reform strategy highlighted as priority
Author: Admir Softic, Assistant Minister for Energy in the Ministry of Foreign Trade and Economic Relations of BiH All participants of the fourth Energy Summit agreed that the adoption of the Energy Sector Strategy of Bosnia and Herzegovina is a prerequisite for continuing reforms. The Guide for Investors in the Electricity Sector in BiH, as well […]
Electrica to invest EUR 190 million in energy efficiency and quality of services
Electrica Group, leader in electricity distribution and supply in Romania, has announced its plan to invest over EUR 190 million (RON 900 million) this year in rehabilitation and upgrade of the distribution networks. The goal of this year record investment is to increase the quality of service by 40 percent and energy efficiency and to reduce […]
