ELES secured over EUR 100 million from EU, Japan for development projects
Aleksander Mervar, CEO of ELES, speaks of efforts toward a just energy transition and the development projects of Slovenia's TSO
Romania counts on EUR 6.7 billion from EU for green energy projects
Developers of renewable energy, grid and just transition projects can file proposals in Romania by October 16, after which the government should forward them to relevant EU institutions. The government expects EUR 6.7 billion over the next ten years from the recently established Modernization Fund. The Ministry for Economy, Energy and Business Environment published a […]
China completes world’s second-largest solar power plant
Huanghe Hydropower Development connected its photovoltaic park of 2.2 GW to the grid. The second-biggest solar power plant in the world is located in Qinghai, China, and includes an energy storage system of 202.9 MW supplied by domestic company Sungrow. It is part of a giant renewables project, which is planned to reach 16 GW. […]
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 […]
Works begin on EUR 13.5 million Kragujevac-Kraljevo transmission line
For the first phase of the construction of the Trans-Balkan Electricity Corridor, worth EUR 157 million, EMS is using KfW’s EUR 15 million loan and another EUR 6.5 million from European funds. The construction of the Kragujevac-Kraljevo overhead power link is the project’s second section out of four. A ceremony was held for the start […]
Slovenia’s ELES to pay EUR 49.75 per MWh for transmission losses in 2021
The Slovenian transmission system operator completed the auction for baseload products it would buy for the next three calendar years. ELES said suppliers offered electricity at EUR 49.5 per MWh to EUR 55.7 per MWh for the company to cover losses. After a public call, ELES conducted an electronic auction for power suppliers in order […]
ELES preparing auction to buy power for covering losses through 2023
ELES is receiving suppliers’ applications for baseload products of 10 MW for next year and 11 MW for both 2022 and 2023 to cover losses in electricity. Slovenia’s transmission system operator or TSO said interested parties can submit auction documents by June 3. ELES doo issued a public call for an auction to buy energy […]
Kragujevac-Kraljevo transmission line contract signed; works to start in one month
Kodar, Elektromontaža and Elnos BL will connect Kragujevac and Kraljevo with an overhead transmission link. EMS picked the consortium for the EUR 13.5 million project, while with substation upgrades the section of the Trans-Balkan Electricity Corridor is worth EUR 29.6 million. Elektromreža Srbije jsc – EMS signed a deal with a consortium on the construction […]