Montenegro’s EPCG to invest 2.1 mln euro in Piva HPP overhaul

PODGORICA (Montenegro), March 29 (SeeNews) – Montenegrin power utility Elektroprivreda Crne Gore (EPCG) said it plans to invest 2.1 million euro ($2.26 million) in an overhaul of unit A1 of Piva hydro power plant (HPP). The overhaul will be carried out in the next six months, EPCG said in a statement on Tuesday. Piva produced 109.8 […]

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Slovenia puts into operation 45 MW HPP on lower Sava river

LJUBLJANA (Slovenia), September 28 (SeeNews) – The 45 MW hydro power plant (HPP) Brezice, the fourth out of five HPPs on the lower part of the Sava river in Slovenia, was inaugurated on Wednesday, the government said. “The construction of HPP Brezice is not only a good economic idea, but an important message that the […]

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Powering Europe’s newest nation: Investigating the Kosovo energy crisis

Last month, the tiny Balkan nation of Kosovo narrowly avoided an energy crisis by reaching a deal with two private property owners to access some of the lignite coal it needs to supply its power plants. Several weeks earlier, the state-owned power company, KEK, had come dangerously close to running out of coal after villagers […]

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Albania: Staff Concluding Statement of the 2017 Article IV Mission

A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF’s Articles of Agreement, in the context of a request to use IMF resources (borrow […]

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Slovenia shows interest in Montenegro-Italy undersea power line

PODGORICA (Montenegro), April 11 (SeeNews) – Montenegro’s government said Slovenia has expressed interest in using part of the capacity of the undersea high-voltage power line that would link Montenegro to Italy. Slovenia has shown interest in expanding its cooperation with Montenegro by using part of the capacity of the future power line to Italy as […]

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Albania calls concession tender for HPP construction on Vjosa river

TIRANA (Albania), May 29 (SeeNews) – Albania called a tender for a 35-year concession for the construction, operation and transfer of a hydropower plant (HPP) on the Vjosa river, the energy ministry said. The hydropower plant will be built near the Kalivac village, in southern Albania, the ministry said in an announcement published on Friday […]

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EBRD will support US$39.5 million in hydropower rehabilitation projects in Bulgaria

European Bank for Reconstruction and Development (EBRD) will support €37 million (US$39.5 million) in costs for rehabilitation projects at the Belmeken-Sestrimo-Chaira hydro complex and Vacha-1 hydropower facility in Bulgaria, according to an EBRD procurement update notice published on Jan. 18. According to EBRD, Bulgaria’s state-owned National Electricity Co. (NEK) intends on using the proceeds of […]

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Romania’s Hidroelectrica invests 24 mln lei (5 mln euro) in upgrading Calimanesti plant

BUCHAREST (Romania), September 19 (SeeNews) – Romanian hydro power producer Hidroelectrica said on Tuesday it is investing 23.69 million lei ($6 million/ 5 million euro) in the modernization of its plant in Calimanesti, central Romania. The work was awarded through a tender opened by S.S.H. Hidroserv Bucharest and will be financed exclusively from Hidroelectrica’s development […]

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Serbia’s EPS looks to boost hydroelectric power capacity

Serbian utility Elektroprivreda Srbije has announced a US$656 million investment program aimed at increasing the output capacity of its hydroelectric power and thermal generating fleets. The state-owned company has already completed an upgrade of the 382-MW Bajina Basta hydropower plant, while overhauls of the 1,050-MW Djerdap 1 and 96-MW Zvornik projects are still ongoing. HydroWorld.com […]

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Croatia to raise fees for renewable energy production

ZAGREB (Reuters) – Croatia will next month increase incentive fees aimed at stimulating the production of renewable energy, in turn slightly raising electricity bills for consumers, the government said on Thursday. “The average electricity bill will be 22.90 kuna ($3.67) higher per month. This is the first such correction for energy production from renewable sources […]

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