Browsing: north macedonia

Gross electricity production in Macedonia decreased by an annual 14.6% in February, to 611,074 MWh, according to the statistical office Makstat data. Net electricity production fell…

North Macedonia expects to complete the first coupling of its organized electricity market with the market of one of the neighboring European Union member states in…

Macedonian Government, in accordance with the Law on Energy, adopted a decision on the selection of a universal supplier. For the most favorable offer for the…

Macedonian project for a natural gas interconnection with Greece will likely further delay the already slow transition to renewable energy sources and could result in a…

Fuel storage and transport company Oilko KDA raised its stake in local fuel retailer Makpetrol to 24.88% from 22.87% following a takeover offer. A total of…

Total net production of electricity in North Macedonia in January 2024 reached 563,425 MWh, which is 20% lower compared to the same month last year, according…

The governing board of the Climate Investment Funds, a climate fund delivering low-cost finance to over 70 developing countries, approved an $85 million investment plan presented…

Fuel retailer Makpetrol expects to generate a net profit of 873.1 million denars (14.2 million euros) in 2024, up 13% compared with a year earlier, the…

Electricity distribution operator EVN Macedonia, part of the Austrian group EVN, has put into operation an 11 MW photovoltaic power plant in Probistip. The planned annual…

Macedonia-based oil refinery Okta announced that its net profit declined by 65% in 2023 to 191.7 million denars (3.1 million euros). In the same period, the…