A careful and organized course is required to achieve the energy transition in Cyprus, support the industry and strengthen the economy, ensuring sustainable solutions for the country’s energy future, new Minister of Energy, Commerce and Industry Michael Damianos said. He took over from his predecessor George Papanastasiou. Five ministers were replaced in a cabinet reshuffle […]
Power utility Elektroprivreda Crne Gore has launched its second battery energy storage system procurement tender. The required capacity is drastically lower than in the first call. The initial public procurement was canceled because state-owned energy company Elektroprivreda Crne Gore (EPCG) didn’t obtain approval from the Government of Montenegro to take a loan for a EUR […]
Public Power Corporation has received funds to speed up its Mesochora hydropower project, stalled for 24 years. The Greek Ministry of Environment and Energy announced that the procedures to complete the Mesochora hydropower plant (HPP) in Trikala would be significantly accelerated, ending a 24-year period of judicial deadlock and construction suspension. Of note, the project […]
Montenegro is facing its most challenging year for the energy sector, Minister of Energy and Mining Admir Šahmanović stressed. State-owned power utility Elektroprivreda Crne Gore (EPCG) will suffer a loss of around EUR 80 million given that the Pljevlja coal power plant is offline, while electricity consumption is rising amid increases in prices of other […]
The city of Kozani in northern Greece, home of the country’s dwindling lignite industry, is seeking a contractor for seven photovoltaic systems of 7 MW overall. The municipality said the power plants would supply its buildings, public lighting, pumps and drilling rigs as part of the country’s first energy community led by a local authority. […]
The Serbian Law on Greenhouse Gas Emissions Tax and Law on Carbon-Intensive Product Imports Tax, both at EUR 4 per ton of CO2 equivalent, are coming into effect on January 1. It is the country’s answer to and equivalent of, respectively, the European Union’s Carbon Border Adjustment Mechanism (CBAM). Notably, several bylaws are still required for […]
Zdravko Dragaš is the new CEO of Montenegro’s state-owned power utility Elektroprivreda Crne Gore. The Board of Directors of Elektroprivreda Crne Gore (EPCG) appointed Zdravko Dragaš today as the company’s CEO, at its 41st regular session. A month and a half ago, the Board of Directors relieved the previous CEO Ivan Bulatović of his duties […]
Romania apparently achieved moderately lower prices at its additional wind power auction for contracts for difference (CfDs) than in the regular round. According to a media report, nine bids were approved, for seven proposed facilities, and the winners include OX2, Qair and Zen Energy Group. All wind farm projects in Romania that obtained the right […]
Wpd has won environmental approvals for a wind power project of 147.6 MW in Central Greece and one for 77 MW in Thrace, in the country’s northeast. Some of Germany-based wpd’s wind power investments in Southeastern Europe are struggling with delays and controversies – like in Montenegro and Bulgaria, but it is gaining speed in […]
Croatia’s highway management enterprise, Hrvatske Autoceste, is implementing a project for solar power plants along its highways. The company plans to use the electricity for self-consumption and for electric vehicle chargers. It would reduce costs and increase its energy independence. After a tender procedure, Hrvatske Autoceste (HAC) selected ETS Farago to produce project designs for […]