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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…



Energy Community mediates dispute between state, HPP Energji Ashta

27.09.2018


Energy Community mediates dispute between state, HPP Energji Ashta The Energy Community Secretariat’s Dispute Resolution and Negotiation Centre has organized the first meetings with the parties and all other entities involved in the dispute related to balancing issues in the Albanian hydro sector, the Energy Community Secretariat has said in a press release. The parties…



Republika Srpska, Russia’s Rakurs-Engineering sign agreement on project for construction of HPPs on Vrbas river

24.09.2018


Republika Srpska Minister of Industry, Energy and Mining of Petar Đokić and General Manager of St. Petersburg-based Rakurs-Engineering Leonid Chernigov signed in Banja Luka a cooperation agreement on the EUR 500 million project for the construction of 4 cascading hydroelectric power plants (HPPs) on the Vrbas river. The project comprises HPPs Trn, Laktaši, Kosjerevo and…



HESS publishes 1st contract notice for disputed HPP Mokrice project


State-owned hydropower plant operator Hidroelektrarne na Spodnji Savi (HESS), part of the GEN Group, has launched a contract notice to carry out a negotiated procedure for the first lot of the public procurement to build hydropower plant (HPP) Mokrice, disputed by environmental campaigners. The lot refers to the procurement of turbines, generators, and powerhouse lifting…



Hidroelectrica to forge cooperation with Verbund


State-owned Hidroelectrica plans to sign a cooperation agreement with Austria’s electricity producer Verbund, Romanian media reported. The approval of the cooperation agreement between the biggest power producer in Romania and the largest provider of electricity in Austria is on the agenda of the next General Shareholders Meeting planned to take place in October, Romania’s portal…



Serbia’s EPS, Romania’s Hidroelectrica coordinate operation of Djerdap HPP


Serbian state-owned power utility Elektroprivreda Srbije (EPS) has signed an agreement with Romania’s Hidroelectrica to improve the joint operation of the Djerdap hydropower plant on the Danube river, the Serbian company said. EPS and Hidroelectrica resolved issues on the maintenance of the hydro power complex and the reconstruction of the waterfall of the overflow dam…