EBRD considers providing EUR 50 million loan for wind farm Kovačica, Serbia
The project for the construction of 104.5 MW wind farm Kovačica in Vojvodina, Serbian northern province, reached important milestone: European Bank for Reconstruction and Development (EBRD) officially launched the procedure to consider approval of the EUR 50 million loan to Electrawinds K-Wind d.o.o., a company developing the project. Loan approval decision will be made on the […]
Albanian government approves construction of first wind park project
The Government of Albania has approved this month the construction of a 12 MW wind farm to the Alb-Building construction company. The first wind park in Albania will be developed in the region of Tepelena, along the river Vjosa. The investor received a permit for the project’s development in 2012 from the previous government led by […]
Malibunar windpark to be completed in 2017, Alibunar construction starts soon
Aleksandar Antić, Minister of mining and energy has met today Nicolas Brynooghe, director of Belgium company Elicio and talked with him about the development and construction of wind parks Malibunar and Alibunar. Minister Antić emphasized that the Ministry of mining and energy is committed to improving regulatory framework in order to contribute to the projects’ completion. […]
Hydropower potential Croatia’s best chance for more energy independence
Hydropower potential is Croatia’s best chance for more energy independence, concluded the participants of the 4. Energy Investment Forum 2017, which was organized in Zagreb by Poslovni dnevnik. The country currently imports around 30 percent of electricity consumed. “Hydro potential is our biggest potential with KN 3 billion investment cycle (EUR 403,8 million),” said Perica […]
Environmental protection and sustainable development in the focus of CEDEF event in Novi Sad
Recent announcements that Serbia may soon open Chapter 27 of the acquis have greatly influenced local energy sector, which has seriously started considering and applying environmental standards in both current operations and plans for development. Only several days after the national utility company Elektroprivreda Srbije (EPS) and the Environmental Protection Agency signed a contract on […]
Small is not (always) beautiful: small hydro development in the Western Balkans
By Igor Vejnović, Hydropower Policy Officer, CEE Bankwatch Network It has long been recognized that the human and environmental costs of large dams are extremely high — just recently the failure of the overflow channels at the Oroville dam, California, almost triggered a tragedy. Across the Balkans, however, instead of coming up with genuinely new ideas, […]
Elicio presents two projects: wind farm Alibunar and wind farm Malibunar
Representatives of Elicio company held a public presentation of Alibunar and Malibunar wind farms, informing the citizens and land owners in the village of Vladimirovac about the plan and schedule for their construction. Project manager Marijan Rančić presented the plan for construction and reconstruction of roads, as well as the process of shipping and installing […]
EUR 180 million invested in RES projects in Montenegro
Ministry of Economy of Montenegro has announced that the total value of investments in renewable energy sources (RES) projects in that country reached almost EUR 180 million. The largest investment in RES is Krnovo wind farm worth EUR 143 million, according to a press release published on the ministry website. The remainder of EUR 35 […]