German E.ON to invest EUR 210 million in power business in Romania
E.ON earmarked EUR 375 million for capital expenditure by 2023 in Romania, of which EUR 210 million is for the electric power division. It is also developing energy products and services and electric mobility infrastructure. Marking 15 years since the entry into Romania, E.ON said its priority has been the rehabilitation and modernization of distribution […]
Typhoon HIL is best startup in Serbia in PowerUp! challenge
A firm founded in 2009 was acknowledged for UEGOS, a solution to prevent voltage deviations and protocol barriers between smart devices and the power grid. Typhoon HIL was chosen in the PowerUp! competition in Serbia to participate in the finals in Poland. Typhoon HIL Inc. has impressed the jury with a tool for the communication […]
Greece discussing microgrids, energy storage systems with Tesla
U.S. automotive and energy company Tesla, Inc.’s executives have met with Greek Minister of the Environment and Energy Giorgos Stathakis to discuss possible cooperation on modernizing Greek islands’ power grids as part of a strategy to reduce the use of fossil fuels in favor of renewables. The cooperation would involve microgrids connected to energy storage […]
KEDS launches power grid digitalization under EUR 4 million project
Kosovo’s* distribution system operator (DSO) KEDS has launched a EUR 4 million project for the electricity network digitalization using a SCADA system, equipped with state-of-the-art technology. The digitalization project will secure digital grid monitoring and control from the central office in Priština, KEDS said in a press release. The project will reduce and shorten power outages, […]
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 […]
Croatia launches project to upgrade power grid
The Croatian Ministry of Environmental Protection and Energy published an advertisement for the direct allocation of a project to introduce advanced IT networks into the distribution system operator (DSO) HEP – ODS company which supplies power to the population and companies across the country. HEP – ODS is subsidiary of the power utility Hrvatska elektroprivreda […]
Work on Israel-Cyprus-Greece 1520 km electricity link to start in 2018
Work on an electric cable linking the power grids of Israel, Cyprus and Greece is to start in the first quarter of 2018 and is expected to last until 2022. Israeli regulators are expected to give their approval next month, announced Nasos Ktorides, head of the EuroAsia Interconnector project. Greek and Cypriot regulators’ expected approval […]
Macedonia’s MEPSO planning to rehabilitate and modernize its power transmission grid
The Electricity Transmission System Operator of Macedonia AD MEPSO published tenders inviting proposals for goods and services for its project to rehabilitate and modernize its nation-wide power transmission grid along with a power system control project. The total investment in the projects is estimated to stand at EUR 40.5 million. The money to finance the […]