Foreign investors focus on comparative advantages, safe environment
Bosnia and Herzegovina has excellent capacity for education in mathematics and science and the number of scientists and engineers on a global scale, said Gordan Milinić, director of the national Foreign Investments Promotion Agency (FIPA). In the context of attracting foreign capital and manufacturing systems, the country has all the profiles that are in demand; […]
Only five green power units added this year
According to fresh data from the Energy Agency of the Republic of Macedonia, power plants that use renewable sources, excluding large hydropower, have total capacity of 117.8 MW, a comparably small share of total electricity generation, portal Build.mk reported. The 168 renewables units are equivalent to only one thermal power plant, TEC Oslomej in Kičevo, […]
Construction of Vranduk hydropower plant officially begins
A ceremony to mark the start of the construction of a green energy project worth EUR 57.4 million was held yesterday on the territory of the city of Zenica in central Bosnia and Herzegovina. Works on the system which will have a capacity of 19.6 MW were launched in late July. Vranduk HPP, located next […]
Summer school on renewable energy as the driving force for local development
For the 12th year in a row, from 21 to 27 August, the municipality of Fojnica in Bosnia and Herzegovina is hosting a regional summer school covering topics on sustainable energy and energy planning. It is organized by the Regional Information and Education Centre (REIC), in collaboration with the German cooperation GIZ, the Konrad Adenauer […]
Iran looks up to Turkey in wind power sector
Turkey can serve as a leading example for wind power, being much more advanced in this sector than any country in its region, according to Giles Dickson (pictured), chief executive officer of WindEurope. In a statement from August 15, published by Anadolu Agency’s Energy News Terminal, he stressed the country reached more 5 GW in capacity and that its experiences can be useful for Iran, […]
Emon Electric sold to EnComm
Swedish-based wind energy and photovoltaic project developer Monsson Group said it sold Emon Electric from Romania to African company EnComm for an undisclosed sum in order to focus on external markets with a more stable business environment, SeeNews reported. Monsson bought the majority stake in the electric works business in May 2014. “I believe that […]
Industry saving EUR 48 million per year on green power costs
As earlier this month the European Commission approved Bulgarian state aid system of support for generation of energy from renewable sources from 2011, the measures will be implemented retroactively, from August last year through 2020. Over two hundred companies are going to save BGN 94 million (EUR 48 million) per year or EUR 255.5 million […]
AREA: Government breaches contract with SHPPs
A recent decision by the government in Tirana to obligate local and foreign companies in the field of renewable energy to accept new contracts concluded with the Albanian Power Corporation (KESH sh.a.) jeopardizes the rights acquired by concession deals, based on which they have made investments of millions of euros, Albanian Association of Renewable Energy (AREA) said. The Albanian Energy Regulatory […]
