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 […]
International Energy and Investment Days in Novi Sad on March 1-2
Seventh International Energy and Investment Days will be held in Novi Sad on March 2-3, with the focus on topical issues in the field of energy efficiency, renewable energy sources, construction and environmental protection. This biggest Forum for international and local projects is the only Forum in Vojvodina of the kind is organized by Central […]
RENEXPO Water & Energy fair in Belgrade, April 24 – 26
The program of this year’s biggest international Western Balkan’s trade fair with conferences, RENEXPO Water & Energy, will focus on bioenergy – biogas, biomass, hydroelectric power, wind energy, water management, energy efficiency, heat pumps, photovoltaic, e-mobility and investments in the region. The event will take place on April 24 – 26, in Belexpocentar in Belgrade. […]
Construction of Trans-Balkan Corridor’s section to start in 2018.
Serbia has been given a grant of EUR 6.6 million by the German development bank KfW to build a section of the Trans-Balkan Electricity Corridor, Serbian Minister of Mining and Energy Aleksandar Antić said. The Minister said that the construction of the section of the power corridor between the towns of Kraljevo and Kragujevac would […]
Siemens Gamesa to bring 60 MW wind turbines to three Greek wind parks
Siemens Gamesa Renewable Energy SA (SGRE) announced that it won three orders in Greece for the supply of 60 MW wind turbines for two customers, both independent power producers (IPP). Two local independent power producers (IPP) from Aetolia-Acarnania area, largest region in Greece, chose Siemens Gamesa as their wind turbine suppliers. One of the customers […]