Germany eyes projects in noninterconnected islands
Ministers Panos Skourletis, responsible for energy, and Giorgos Stathakis, who runs portfolios of economy, development and tourism, signed agreements with visiting German vice chancellor Sigmar Gabriel for the provision of knowhow from Europe’s largest economy to support renewable energy in Greece, especially in the noninterconnected islands, and to promote exports. The deal followed an energy […]
Long-awaited PPA Package finally adopted in Serbia
By Đorđe Popović, Senior Attorney, Petrikić & Partneri AOD in cooperation with CMS Reich-Rohrwig Hainz Ever since the adoption of the new Energy Law back in 2014, which aimed to harmonize the Serbian energy legislation with the Third EU Package, the Serbian market has been awaiting the adoption of the necessary by-laws to allow for […]
Italian company preparing to invest in biomass cogeneration
Twenty underdeveloped municipalities in the Federation of Bosnia and Herzegovina and another 20 in the Republic of Srpska which dispose of wood waste will be included in cogeneration projects, said Foreign Investments Promotion Agency (FIPA) of BiH. Director Gordan Milinić spoke to Zdravko Aćimović, who heads Alfa Invest – partner of Pyrox from Turin for […]
EBRD to launch third TurSEFF line for small projects
A framework operation of EUR 400 million for on-lending to several financial institutions in Turkey is considered by the European Bank for Reconstruction and Development. TurSEFF 3 will be used to finance private and public sector subborrowers investing in small scale renewable energy and resource efficiency projects, according to the announcement. It will be the […]
First wind turbine installed at wind park Krnovo
Works are continuing after the first out of 26 planned power generators was transported and erected at Krnovo plateau in central Montenegro near Nikšić, local portal Onogost.me reported. The equipment was brought by a special truck, as some parts are 50 metres long and weigh up to 153 tonnes. Construction work on the 72 MW […]
UBB to finance energy efficiency in homes with EBRD’s loan
The European Bank for Reconstruction and Development said it is providing a EUR 5 million loan and technical assistance to the United Bulgarian Bank (UBB) to finance investments that will improve the energy efficiency of residential buildings. The package is part of EBRD’s strategy to help the countries where it invests to address climate change […]
EPBiH presents investment plan at Energa conference
Senad Salkić, chief capital investment officer of state-owned Elektroprivreda Bosne i Hercegovine d. d. (Electric Utility of Bosnia and Herzegovina – EPBiH), participated at a conference on the strategic approach to investing in the country’s energy sector during the Energa international energy fair, held from June 7 to June 9 in Tuzla. The company stated […]
EPCG invests over EUR 2 million in electrical grid of Ulcinj
Power supply in the municipality of Ulcinj will be better and safer the following season due to an investment by the Montenegrin Electric Power Company (EPCG). The state-controlled utility recently launched works in the central part of the town, located in the country’s south. The project of a new substation is underway, and the facility […]
