Dragan Kujović new Executive Director of Montenegrin TSO CGES
An extraordinary Shareholders Assembly of Montenegro’s state-owned utility Crnogorski elektroprenosni sistem (CGES) elected Dragan Kujović as Executive Director of the company, CGES said in a statement. CGES is a joint stock company and transmission system operator (TSO) in Montenegro. “Shareholders Assembly relieved former Executive Director Ivan Bulatović of his duty after the expiry of his four-year mandate,” […]
Slovenia interested in undersea power line, hydropower plants in Montenegro
On the first day of the Joint Commission for the implementation of the Agreement on Economic Cooperation between Montenegro and Slovenia, the alpine country has shown interest in expanding energy sector cooperation with Montenegro by utilizing the capacity of the undersea high-voltage power line that will link Montenegro to Italy, and by taking part in […]
Greek energy companies interested in renewable energy projects
The Serbia-Greece business forum, held yesterday in Belgrade, gathered 59 Greek and about a hundred Serbian companies. During the bilateral meetings session Greek energy companies took active part and expressed great interest in the renewable energy sources sector. PPC Renewables, one of Greece’s biggest power producers from renewable energy, is interested in establishing joint ventures with Serbian companies. This […]
Greece expects EUR 1.5 billion investments in wind energy
Ten corporations and their associates are set to invest around EUR 1.5 billion over the next three years for the development of wind-energy facilities with a total capacity of 1.400 MW. The majority of these projects are being planned by the ten biggest renewable energy players in the Greek market or smaller firms planning partnerships […]
Evia wind farm investors given extension to pay for cable connection
Investors in the wind energy parks on Evia island are given two-month extension to start paying for the cost of underwater cable connection linking Polypotamos in Evia with the outskirts of the Greek capital Athens. The group of investors holding licenses for the construction of the wind farms in the southern part of Evia, were expected to start […]
Montenegro finishes laying its part of underwater power cable with Italy
Montenegro has finished laying its part of the underwater power cable with Italy. The operation ended near the cape of Jaz, where a substation is being built. Montenegro is set to become a regional hub for transfer of electricity between Western Europe and Western Balkans, once the entire project is finished in 2018. The laying […]
EBRD to support renewable energy projects in Greece
The European Bank for Reconstruction and Development (EBRD) will support one of the leading Greek renewable energy companies Terna Energy S.A. with EUR 50 million to develop projects in Central Greece. Terna Energy will invest a total of EUR 60 million in the development, construction and operation of renewable energy projects in Greece. One of […]
China’s State Grid to buy 24% stake in Admie
China's State Grid is a preferred strategic investor to buy a 24 percent stake in Greece's electricity grid operator Admie, sa9d the board of Public Power Corp.
