The EBRD is providing a 70 million euros loan to Albanian energy company OSHEE to address liquidity gaps caused by the COVID-19 pandemic and to construct a modern, underground substation in central Tirana.
AST and Elering will carry out an in-depth study of possible onshore land line corridors towards the planned offshore wind park sites which have been identified in the two countries’ maritime spatial plans.
Work has started on the construction of a new power substation in Ohrid, a key component of the first electricity interconnector between Albania and North Macedonia announced the EBRD which is financing the project.
The final report released by ENTSO-E on the separation in the Continental Europe synchronous area reveals that swift TSO coordination mitigated the incident and no major impact on consumers’ energy supply occurred.
The Ukrainian power system integration into the European continental network ENTSO-E will open up wide opportunities for Ukraine and strengthen the country's energy independence, stated Energy Minister Herman Halushchenko.
The EBRD is extending a 40 million euros loan to Distributie Energie Electrica Romania, the electricity distribution subsidiary of Electrica Group to build a resilient distribution network with enhanced efficiency and ready to integrate more renewable projects.
The World Bank approved a 212 million US dollars financing package for a new project in Ukraine that will enhance the flexibility of the power system to help synchronise it with the European electricity grid.
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