Romania proposes new legislation...

The Romanian Ministry of Energy has initiated a public consultation on a draft...

Europe: Gazprom’s gas exports...

Gazprom’s pipeline gas exports to Europe surged to a one-year high in daily...

Romania: CRH launches 30...

Irish building materials company CRH has officially launched a 30 MW wind farm...

Romania: Day-ahead electricity prices...

The average price of electricity on the day-ahead market of the Romanian energy...
Supported byClarion Energy banner
HomeUncategorizedItaly to Pay...

Italy to Pay EU155 Per MWH Made From Renewables in Serbia

 

Italy has agreed to pay “one of the highest feed-in tariffs” in Europe for electricity produced from renewable sources in Serbia, the Balkan country said.

The agreement guaranteeing the price of 155 euros ($214.5) per megawatt hour will be signed by respective government officials in Rome tomorrow, supporting Italian energy investments in Serbia that may exceed 1 billion euros, Serbia’s Infrastructure Ministry said in an e-mailed statement.

Beneficiaries will include Seci Energia SpA, a unit of Maccaferri Group, which earlier this year agreed with Serbia’s power monopoly, Elektroprivreda Srbije, to jointly develop 10 hydro plants of more than 300 megawatts combined capacity for estimated 819 million euros. The plants on the Drina River will help Italy meet a goal of deriving 17 percent of its power consumption from renewable sources by 2020.

Seci Energia and Elektroprivreda, or EPS, are also working on three plants on the Ibar River in southern Serbia, worth an estimated 300 million euros and totaling 103 megawatts.

The accord in Rome will be signed by Italy’s Industry Minister Paolo Romani, who oversaw the agreement between Seci and EPS. He said then the electricity will be exported to Italy via Montenegro and an underwater cable across the Adriatic Sea. Edison Agrees With Serbian EPS to Complete Kolubara B Plant (1)

Edison SpA’s expected development of Serbia’s coal-fired, 750-megawatt plant Kolubara B plant will also be discussed tomorrow as EPS prepares to form a joint venture for the investment worth estimated 1 billion euros, the statement said.

 

 

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

FBiH: Net electricity production reached 473 GWh in June

Net electricity generation in the Federation of BiH fell to 473 GWh in June 2024 from 582 GWh in the same month last year, according to the data published by the statistical office. In the same period, electricity imports increased to 126 GWh...

Croatia: JANAF buys 5.2 MW solar park

Croatian oil pipeline operator JANAF has indirectly acquired the Bulinac solar photovoltaic power plant with an installed capacity of 5.18 MW as part of its diversification strategy, the company said in a filing to the Zagreb stock exchange.The acquisition of this...

Serbia: Banatski Dvor gas storage expansion to begin in October

Serbia will start works to expand the Banatski Dvor natural gas storage facility in October, according to Dusan Bajatovic, head of natural gas importer and distributor Srbijagas.The expansion works are expected to be completed in 18 months, Bajatovic said in...
Supported bySEE Mining News
error: Content is protected !!