Author: Vladimir Berbatović Source: Balkan Green Energy News https://balkangreenenergynews.com/epcg-to-invest-eur-700-million-to-build-new-renewables-capacities-upgrade-other-facilities/ State power utility Elektroprivreda Crne Gore (ЕPCG) will invest a total of EUR 700 million to build new renewable energy capacities and upgrade its other power generation facilities to bring them into line with environmental standards, with the aim of reducing dependence on imports due to hydrologic conditions,…

Author: Vladimir Spasić Source: Balkan Green Energy News https://balkangreenenergynews.com/eps-to-invest-eur-4-6-billion-by-2027-eur-700-million-to-go-into-hydropower-renewables/ Public power utility Elektroprivreda Srbije (EPS) intends to invest EUR 4.6 billion from 2019 to 2027, of which EUR 1.6 billion in the modernization of existing and construction of new thermal power plants (TPPs) as well as environmental protection, EUR 1,3 billion in distribution projects, EUR 1 billion…

Romania’s state-owned hydropower company Hidroelectrica will totally refurbish its hydropower plant (CHE) Râu Mare – Retezat under a EUR 80 million project, financed from own funds. The plan’s capacity will increase to 350MW after the process, Economica.net reported. The company wants to make CHE Râu Mare – Retezat the country’s largest supplier of system services,…

State-owned Hidroelectrica, the biggest electricity producer in Romania, announced that it has commissioned a 12MW power plant at Bretea – on Strei river, in Hunedoara county (western part of Romania). This is also the first automated plant, remotely controlled – a technology that will be deployed to each of Hidroelectrica’s 200 hydropower plants in operation,…

Author: Vladimir Spasić Source: Balkan Green Energy News https://balkangreenenergynews.com/serbian-energy-regulator-approves-grids-development-investment-plans/ The Energy Agency of the Republic of Serbia (AERS) has approved the Transmission System Development Plan for 2019-2028 and the Transmission System Investment Plan for 2019-2021. The plans were adopted by state-owned company Elektromreža Srbije, Serbia’s transmission system operator (TSO). In the Development Plan for 2019-2028,…

Author: grendelkhan. License: Creative Commons, Attribution-ShareAlike 2.0 Generic. BELGRADE (Serbia), October 8 (SeeNews) – Serbian state-owned power utility Elektroprivreda Srbije (EPS) plans to invest 800 million euro ($878.3 million) in the overhaul of hydro power plants across the country, news agency Tanjug reported. The investment will ensure the stability of electricity production from hydro power…

Romania’s largest power producer Hidroelectrica, 80%-controlled by the state, has submitted a non-binding letter of intent for purchasing the assets of Czech utility group CEZ in Romania, Hidroelectrica CEO Bogdan Badea confirmed at an energy conference, according to Economica.net. The interest for the assets is high, CEZ speakesperson Ladislav Kriz said quoted by Profit.ro. CEZ…

SARAJEVO (Reuters) – Montenegro power utility EPCG EPCG.MOT signed a 33 million euro ($36.5 million) loan deal with German state-owned development bank KfW [KFW.UL] on Wednesday to help fund the overhaul of three turbines at its 307 megawatt (MW) Perucica hydro power plant. The deal is a part of the KfW’s ongoing 80-million-euro Greening Public…

Kosovo* Author: Balkan Green Energy News Source: Balkan Green Energy News https://balkangreenenergynews.com/consultant-sought-to-help-launch-renewable-energy-auctions-in-kosovo/ The European Bank for Reconstruction and Development (EBRD) has invited expressions of interest in providing it with consultancy services in order support the Government of Kosovo* in developing and implement a competitive scheme for the award of future support to renewable energy generators….

PODGORICA (Montenegro), September 6 (SeeNews) – Montenegro’s government has approved a concession agreement with local company PM Hydro for the construction of a 995 kW hydro power plant (HPP), it said on Friday. The project envisages the construction of a hydro power plant on Vranjestica river in Kolasin municipality, which will produce 3.35 GWh of…