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Hidroelectrica, Verbund sign memorandum of cooperation

31.10.2018


The largest electricity producers in Romania and Austria, Hidroelectrica and Verbund, have signed a memorandum of cooperation, Hidroelectrica said on its website. In the memorandum, the parties express their intention to jointly develop projects and implement design, construction, and equipment solutions based on the most modern technologies in the energy sector, according to the press…



HEP Group to invest EUR 780 million in power networks by 2021


Croatian power utility Hrvatska Elektroprivreda (HEP Group) will invest HRK 4 billion (EUR 537 million) in the distribution network and more than HRK 1.8 billion (EUR 241 million) in the transmission network from 2018 to 2021, which will ensure the security of supply for the existing and future consumers in Croatia. Members of the Croatian…



Republika Srpska completes Bočac 2 hydropower plant

30.10.2018


Elektroprivreda Republike Srpske (ERS), the power utility of Bosnia’s Serb entity, the Republika Srpska, has unveiled the completed Bočac 2 hydropower plant (HPP), which has an installed capacity of 8.76 MW and expected annual output of 41.6 GWh of electricity. The project cost 21.5 million euros and is expected to break even within seven years…



Romania’s Hidroelectrica, Austria’s Verbund Hydro Power sign memo on cooperation

26.10.2018


Romanian majority state-owned hydro power producer Hidroelectrica said it has signed a memorandum of cooperation with Austrian utility Verbund Hydro Power. The two companies will cooperate in the joint development of projects and the implementation of design, construction and equipment solutions based on the latest technologies in the energy field, Hidroelectrica said in a statement…



Norway’s Energi Teknikk, Serbia’s D-company team up to make SHPP equipment

22.10.2018


Norwegian equipment supplier Energi Teknikk and Serbia’s D-company have signed a strategic partnership agreement which involves joint production of equipment for small and medium-sized hydropower plants (SHPPs) for the Balkan, EU, Russia and US markets, as well as the purchase of 32% of the Norwegian company’s shares by the Serbian company. Milan Barackov, general manager…



Greek PPC strikes bond loan deal for 87 MW of wind, HPP

10.10.2018


PPC Renewables SA has signed a secured bond loan agreement worth EUR 17.5 million (USD 20.2m) to support the construction or upgrade of 87 MW of wind and hydropower plants (HPPs) in Greece. Greek utility PPC SA (ATH:PPC), the parent of the company, said in a bourse filing last week that the funds will go…



ERS opens 8.76 MW hydropower plant Bočac 2 under EUR 21.5 million investment


Power utility Elektroprivreda Republike Srpske (ERS) yesterday unveiled the Bočac 2 hydropower plant (HPP) with an installed capacity of 8.76 MW and the expected annual output of 41.6 GWh of electricity. The project worth BAM 42 million (about EUR 21.5 million) is expected to break even within seven years. Alongside HPP Bočac 2, which will…



Bosnia’s HEV completes Bocac 2 HPP project

08.10.2018


Bosnian hydro power company Hidroelektrane na Vrbasu (HEV) has completed the construction of a hydro power plant in the municipality of Mrkonjic Grad, the office of the president of the country’s Serb Republic entity said. Hidroelektrane na Vrbasu invested 42 million marka ($24.7 million/21.5 million euro) in the construction of the 8.76 MW Bocac 2…



ACER, Energy Community to tighten cooperation on electricity market coupling

02.10.2018


The Agency for the Cooperation of Energy Regulators, ACER, and the Energy Community Regulatory Board (ECRB) as well as the national regulatory authorities agreed to intensify cooperation and share knowledge on a regular basis, the Energy Community said in a press release. A few days ago the ACER, and the Energy Community Regulatory Board organised…



Elektroprivreda Srbije commissions EUR 9.5 million substation on Mt. Kopaonik


Public power company Elektroprivreda Srbije (EPS) has put into operation a state-of-the-art 110/35/10 kV substation on Mt. Kopaonik, in a project worth EUR 9.5 million, implemented by German engineering group Siemens, EPS said in a press release. The 110 kV Kopaonik substation, with 35 kV and 10 kV outputs, has a cutting-edge technology, according to…