Tag: ESM

ESM to build 1,000 MW in solar capacity – Macedonia, 14 September 2021

General Director of North Macedonia’s state-owned power utility ESM Vasko Kovacevski said that the company plants to build 1,000 MW of solar capacity in the long-term, as part of its strategy for the transition from coal-based to electricity generation based on renewable energy sources. Kovacevsk Full article available for subscribers of Energy NEWS service (PDF […]

ESM recorded 16.8 million euros loss in 2020 – Macedonia, 23 August 2021

North Macedonian state-owned power utility ESM said that it has recorded a net loss in the amount of 16.8 million euros in 2020. In 2020, the company recorded total revenues in the amount of 195.4 million euros, which is 5 % less compared to 2019. On the other hand, universal service supplier Full article available […]

ESM to supply electricity to EVN Home at lower price – Macedonia, 24 August 2021

The tender for the selection of the company which will sell electricity to universal supplier EVN Home in the next six months has been concluded. According to unofficial information, the winner is state-owned power utility ESM, which will sell electricity at the price of 36.1 euros/MWh, which is 7 % Full article available for subscribers […]