Page 27 - bne_November 2018_20181105

bne November 2018
Cover story I 27
KOSOVO
• Kosovo wind park: A unnamed French company said it is
ready to invest €120mn in a wind park project in Kosovo
MACEDONIA
• ELEM solar power plant: Macedonia’s state-run power producer ELEM plans to invest €10mn into a 10MW solar power plant – the first solar park built by ELEM.
MONTENEGRO
• Briska Gora solar power plant: A consortium of Fin- land’s state energy company Fortum and Montenegro’s majority state-owned power firm EPCG is the front runner in a tender in October for the construction
of a 100MW solar power plant in Briska Gora in the
SERBIA
Serbia will connect 200MW of wind power plants to its network by the end of the year, Energy and Mining Minister Aleksandar Antic said in October.
• Kosava wind farm: Fintel Energija, the Serbian subsidiary of Italian Fintel Energia Group, plans to invest €120mn
BOSNIA
• Vrbas hydropower plant: Bosnia & Herzegovina’s Serb-dominated entity Republika Srpska signed a deal with Russia’s Rakurs Engineering in September for cooperation on the completion of a cascade of medium- sized hydropower plants on Vrbas river in a project estimated to cost €500mn.
ROMANIA
In 2030, Romania will surpass the renewable energy target set by the European Commission, according to a Deloitte study. In 2020, the share of electricity from renewable sources will reach 26.8% of Romania’s power consumption, over the European Commission’s 20% target in the EU. In 2030, renewable energy will reach 35.5% of the domestic
in October. The wind park will produce 80MW of power, according to the French ambassador.
The project is part of ELEM's strategy to diversify its electricity production and to increase production from renewable energy sources.
northern part of the country that will cost €178mn.
• Podgorica solar power plant: The local authorities
of Montenegro’s capital Podgorica plan to build
a solar power plant in the nearby village of Velje Brdo.
in the first phase of the Kosava wind farm near the north- ern town of Vrsac in Vojvodina, the company said in July – the largest investment so far in the renewable energy sector in Serbia. The first phase will consist of 20 wind generators with a total installed power of 69 MW and will produce enough power for 45,000 households.
• Trusina wind and solar park: Launched in July the two projects in the Republika Srpska will have installed capacity of 49.5MW and 65MW respectively.
• Dabar hydro power plant: a tender is being held for the 160MW hydro power plant, which is estimated to cost €200mn.
consumption, also over the European target of 32% for that year, local Economica.net reported. The local electricity production will reach 73.1 TWh in 2030, 24% of, which will be produced in hydropower plants, 23% in wind parks, 22% will be nuclear power and 10% will come from photovoltaic parks, according to Deloitte estimates. The total installed
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