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 […]
EPS secures EUR 80 million loan for first wind park, construction to start in 2019
Public power utility Elektroprivreda Srbije (EPS) and the German development bank KfW signed a loan agreement worth EUR 80 million to finance the construction of a 66 MW Kostolac wind farm. This will be the first wind power capacity in EPS’ portfolio, which is dominated by coal-fired power plants. “The project is worth EUR 97 […]
Montenegro secures funds for construction of wastewater treatment plant in its capital
Montenegro has secured most of the needed funds for the construction of a wastewater treatment plant in Podgorica, worth EUR 50 million. The international tender for the construction of the plant is expected to be published in the first quarter of 2018. Two loan agreements has been today signed between the Government of Montenegro and […]
49 percent of energy savings achieved after reconstruction of public buildings in Montenegro
The annual consumption of energy dropped by 49 percent in most of the buildings reconstructed under a program to raise energy efficiency levels in public buildings, the Montenegrin Ministry of the Economy said. The energy efficiency adaptation program covered 43 buildings and monitoring showed that huge energy savings were made in 39 of them. The […]
Serbian Parliament says yes to KfW loans to EPS and EMS
Serbian Parliament has approved laws on Government’s guarantees for loans which German development bank KfW accorded to the state power utility Elektroprivreda Srbije (EPS) and state-owned transmission system operator Elektromreža Srbije (EMS). EPS will receive EUR 45 million loan from KfW to finance modernization of ash transport system in Thermal Power Plant Nikola Tesla A […]
Krnovo wind park started trial electricity production
Wind power plant in Krnovo, Montenegro, launched trial electricity production on 5 out of 26 wind turbines installed. Wind park has MW 72 of installed power and it is one of the largest facility of that type in the region. According to plan, production will be increased gradually, followed by technical tests. If the tests […]
ELEM to expand its Bogdanci wind farm for additional 13.8 MW
It took only 16 wind turbines to cover about 2 percent of Macedonia’s production of electricity, so plans are underway for further expansion of wind power projects. Standing tall on the hills just east of the major border crossing between Macedonia and Greece, greeting the travelers on the E-75, are the only 16 wind turbines […]
World Bank to support Albania’s energy projects further
The World Bank is eager to help Albania address constraints and overcome challenges in making the energy sector competitive and efficient and expanding integration with neighbours, the organization’s eight executive directors told the government in Tirana, headed by prime minister Edi Rama. The two-day visit organized at the end of last month as part of […]