Tag: ELEM

EBRD to provide financing for Oslomej solar project – Macedonia, 04 January 2018

The European Bank for Reconstruction and Development (EBRD) said that it has decided to provide a loan worth 5.9 million euros to Macedonian state-owned power utility ELEM for the purpose of the construction of Oslomej solar power plant. The statement from the Bank said that the project will help Full article available for subscribers of […]

Funding for Bogdanci wind farm expansion secured – Macedonia, 18 December 2018

Macedonian state-owned power utility ELEM and German Development Bank (KfW) have signed a loan agreement on the financing of the second phase of Bogdanci wind farm project, namely the expansion of the plant to 50 MW of installed capacity. Currently, wind farm Bogdanci, the only such facility in M Full article available for subscribers of […]

ELEM sold surplus electricity for 1.6 million euros – Macedonia, 05 October 2018

Macedonian state-owned power utility ELEM sold a total of 19,080 MWh of surplus electricity for a total of 1.62 million euros at the fourth auction this year held on 4 October. The statement from the company said that the it has sold baseload electricity that should be delivered in November at th Full article available […]