EPS to initiate tenders for small hydro units
Electric power utility of Serbia (EPS) announced it intends to use the proceeds of a loan from the European Bank for Reconstruction and Development for four tenders, three of which are expected to be launched during the last quarter of the year. The whole project has a total estimated cost of EUR 37 million. The overall […]
EPBiH to get Podveležje wind power plant site online
Bajazit Jašarević, chief executive of Elektroprivreda Bosne i Hercegovine dd (Electric Utility of Bosnia and Herzegovina – EPBiH), and Senad Salkić, chief capital investment officer of the utility, signed a contract on connecting wind park Podveležje to 110 kV transmission network with Matan Zarić, head of Transco (Elektroprenos-Elektroprijenos BiH ad), and Cvjetko Žepinić, its director […]
EBRD sets EUR 100 million for Vakıfbank to on-lend
The European Bank for Reconstruction and Development said it approved EUR 50 million or its equivalent in dollars or Turkish liras to Vakıfbank (Türkiye Vakıflar Bankası t.a.o.) under the Turkey Sustainable Energy Financing Facility 3 (TurSEFF 3). Another EUR 50 million was set under Turkey Sustainable Energy Financing Facility Framework Ext 1 (TurSEFF 2). The […]
Statkraft divesting largest hydro project outside Norway
The Çetin power plant in Turkey, which saw construction works suspended in February, is up for sale by its Norwegian developer. State-owned Statkraft said it is hiring Garanti Securities as a financial advisor in the bidding process, with a deadline for expressions of interest expiring on August 1. As fights between government forces and the […]
ERS wins concession for construction of Buk Bijela
The Government of the Republic of Srpska granted a concession for the construction and operation of hydropower plant Buk Bijela on the Drina river to a consortium organized by state-owned utility Elektroprivreda Republike Srpske (ERS) and its subsidiary Hidroelektrane na Drini from Višegrad. Portal Nezavisne.com reported the the facility will be located in the municipality […]
U.S. funds eye concentrated solar power projects
Nikos Kouyialis said two innovative solar parks must be completed by 2019. Their construction would generate up to 300 jobs, out of which 50 to 60 will be permanent, according to the Cypriot minister of agriculture and environment. During the ceremony of the signing of the Paris Agreement in the headquarters of the United Nations in […]
EPS procuring documentation for wind, solar plants
Electric Power Industry of Serbia (EPS) called for offers for the production of urban planning documentation for the solar and wind power plants in Kostolac basin in the location called Srednje kostolačko ostrvo, a slag and ash pond. The share of the price in the application’s grade will be 60%, while the quality of the […]
Trusina wind farm to come online in summer of 2017
The construction of the first wind farm in the Republic of Srpska, in the village of Trusina near Nevesinje, will start in May, and the connection to the grid is expected in little over a year after that, in the words of Danko Končar, owner of London-based company Kermas Ltd. The investor set EUR 65 […]
