HEP receives 6 offers for Orlec Trinket solar power plant
Two Chinese companies – Dongfang Electric International Corporation and Chinapower Sepco1 – are among 6 companies that expressed interest to build the 6.5 MW Orlec Trinket solar power plant on the Cres island, in what would be the largest solar power plant in Croatia, local media reported. According to the Chinese Southeast European Business Association (CSEBA), […]
Montenegro to start phasing out feed-in tariffs for renewables in 2020
The Government of Montenegro has decided to start gradually reducing feed-in tariffs for renewable energy sources as of January 1, 2020, and announced it will continue to promote the construction of wind farms, solar power plants, and large hydropower plants without guaranteed incentive prices, Montenegrin media reported. The government has adopted regulations that will put […]
Sustainability in focus of Montenegrin energy development in 2019
The beginning of the operation of the Montenegro-Italy submarine power cable in mid-2019, doubled wind power generation, and the start of solar power plants’ production, as well as a complete transition of aluminum plant KAP from heating oil to natural gas, will mark developments in the energy sector in 2019, according to the Energy Plan for 2019 […]
Serbia to launch wind, solar auctions in H2 2019
Serbia will hold its first auctions for the construction of wind farms and solar power plants in 2019, Miloš Banjac, assistant energy minister in charge of renewable energy sources and energy efficiency, said at a conference exploring options to increase the renewables share in Serbia’s energy mix and relevant challenges and recommendations. The conference was […]
HEP says to invest EUR 135 million in renewables on average annually to lift share to 50% by 2030
Croatia’s state power utility Hrvatska Elektroprivreda (HEP) plans to invest HRK 1 billion (around EUR 135 million) in renewable energy sources on average annually, in what will enable it to increase the renewables share from 35% to 50% by 2030, according to a news release from HEP. HEP plans to achieve the target through the […]
Consortium led by India Power Corporation wins bid to build 100 MW solar power plant
The Albanian Energy and Infrastructure Ministry has selected a consortium led by India Power Corporation to build the country’s first solar power plant with an installed capacity of 100 MW, in an investment worth EUR 70 million. The members of the consortium, which was selected among 3 bidders in the final phase of the bidding procedure, […]
Fresh tendering planned for development of renewable energy sources – PM
Montenegrin Prime Minister Duško Marković has announced fresh tendering procedures for the leasing of state land intended for the construction of power plants using renewable energy sources, as well as the signing of an agreement for a solar power plant at the location of Briska Gora in the Ulcinj municipality by the end of the […]
Fortum-EPCG consortium emerges as top bidder to build 250 MW solar power plant at Briska Gora
A consortium of Finland’s state energy company Fortum and Montenegro’s state power utility Elektroprivreda Crne Gore (EPCG) has been ranked the number-one bidder to lease state land at the location of Briska Gora in the Ulcinj municipality for the construction of a solar power plant, according to a statement from the Montenegrin Ministry of Economy. […]