Balkans

McDermott and Eunice Energy Group to Collaborate on Greece-Africa Power Interconnection

Retrieved on: 
Tuesday, January 31, 2023

ATHENS, Greece and HOUSTON, Jan. 31, 2023 /PRNewswire/ -- McDermott and Eunice Energy Group announce the signing of a memorandum of understanding (MoU) for cooperation on the two-gigawatt (2 GW) electrical interconnection between Greece and Egypt, known as the Greece-Africa Power (GAP) Interconnector project.

Key Points: 
  • ATHENS, Greece and HOUSTON, Jan. 31, 2023 /PRNewswire/ -- McDermott and Eunice Energy Group announce the signing of a memorandum of understanding (MoU) for cooperation on the two-gigawatt (2 GW) electrical interconnection between Greece and Egypt, known as the Greece-Africa Power (GAP) Interconnector project.
  • Eunice Energy Group is leading the transnational consortium between Greece and Egypt for the GAP project, which aims to contribute to regional energy security and stability by facilitating intercontinental clean energy transfer.
  • "I am proud to join forces with Eunice Energy Group on the GAP project and help build the future of energy in the region."
  • George Kalavrouziotis, Eunice Energy Group CEO added: "Eunice is thrilled to partner with an American industry leader like McDermott.

Aeterna Zentaris Provides Business Update and Outlines Key Upcoming Milestones

Retrieved on: 
Tuesday, January 17, 2023

“We have made significant development progress since we initiated six pre-clinical development programs in 2021,” said Dr. Klaus Paulini, Chief Executive Officer of Aeterna.

Key Points: 
  • “We have made significant development progress since we initiated six pre-clinical development programs in 2021,” said Dr. Klaus Paulini, Chief Executive Officer of Aeterna.
  • Aeterna is currently conducting its pivotal Phase 3 safety and efficacy study AEZS-130-P02 (the "DETECT-trial") evaluating macimorelin for the diagnosis of Childhood Onset Growth Hormone Deficiency (“CGHD”).
  • Phase 3 Study: Bolstered enrollment expected by the replacement of inactive countries/sites and engagement of an additional Clinical Research Organization (CRO).
  • Revenues that may be achieved if we out-license any of those development programs are not considered in our budget and thus provides further upside potential.”

ROKiT Cities Albania becomes Official Sponsor of Vllaznia Women's Football Team

Retrieved on: 
Monday, November 28, 2022

LONDON, Nov. 28, 2022 /PRNewswire/ -- As part of its on-going deployment of out-of-home Wi-Fi services throughout Albania and subsequently across Kosovo, Montenegro and North Macedonia, ROKiT Cities Albania has agreed to become the Official Sponsor of Albania's top women's football team, Vllaznia.

Key Points: 
  • LONDON, Nov. 28, 2022 /PRNewswire/ -- As part of its on-going deployment of out-of-home Wi-Fi services throughout Albania and subsequently across Kosovo, Montenegro and North Macedonia, ROKiT Cities Albania has agreed to become the Official Sponsor of Albania's top women's football team, Vllaznia.
  • Vllaznia is the most successful women's football team in Albania, having won the Albanian Championship 9 times in a row and, for the past 6 consecutive seasons, have played in the UEFA Women Champions League alongside such teams as Real Madrid, Chelsea and Paris St. Germain and now ROKiT Cities Albania has reached an agreement with Vllaznia to be their official sponsor for this season, including all European and domestic matches.
  • Commenting, Endri Puka, CEO of Aksent, added "It's fantastic to be aligning ROKiT Cities Albania with the Vllaznia Women Football team, the best football team in Albania, and we look forward to great success with this fantastic partnership and hope that our collaboration will grow bigger in the coming years."
  • ROKiT has been providing mobile services and Wi-Fi products globally for more than 20 years and ROKiT Cities ambition is the installation of faster and more cost-effective Wi-Fi XL across the globe.

LNG Alliance is bringing affordable and reliable LNG to the landlocked Balkan nations through Montenegro's Bar LNG terminal

Retrieved on: 
Tuesday, October 25, 2022

Currently, there is no operating LNG terminal along the entire Adriatic coastline, almost 1,000 kilometres extending from the Greece-Albania border to the Krk Terminal in Croatia.

Key Points: 
  • Currently, there is no operating LNG terminal along the entire Adriatic coastline, almost 1,000 kilometres extending from the Greece-Albania border to the Krk Terminal in Croatia.
  • The vast hinterland of the upcoming Bar LNG terminal in Montenegro will primarily serve Montenegro and major parts of Bosnia-Hercegovina, Kosovo, Serbia, Albania, and the southern region of Hungary.
  • In that context, the Bar LNG terminal will play a crucial role as an LNG storage provider and as an LNG distributor to provide energy security to the entire region.
  • The project FID for the Bar LNG Terminal is expected in Q3 2023.

Nanotech Energy Europe B.V. signs 1Gwh+ agreement to supply battery energy storage systems (BESS) in Greece

Retrieved on: 
Thursday, October 20, 2022

AMSTERDAM, Oct. 20, 2022 /PRNewswire/ --Nanotech Energy Europe B.V., a fully owned subsidiary of Nanotech Energy Inc., today confirms it has signed a master purchase agreement to supply 1+ GWh size BESS (battery energy storage systems) through 2028 to Smile Energy in Athens, Greece.

Key Points: 
  • AMSTERDAM, Oct. 20, 2022 /PRNewswire/ --Nanotech Energy Europe B.V., a fully owned subsidiary of Nanotech Energy Inc., today confirms it has signed a master purchase agreement to supply 1+ GWh size BESS (battery energy storage systems) through 2028 to Smile Energy in Athens, Greece.
  • This deal highlights the paramount value of Nanotech's safe, long cycle life, graphene battery to the energy storage market.
  • As the world transitions to a new energy mix, battery storage will be critical to maximizing green energy opportunities.
  • Nanotech Energy is on a mission to bring transformative, graphene-based, energy storage products from the research lab to the mass market.

Nanotech Energy Europe B.V. signs 1Gwh+ agreement to supply battery energy storage systems (BESS) in Greece

Retrieved on: 
Thursday, October 20, 2022

AMSTERDAM, Oct. 20, 2022 /PRNewswire/ -- Nanotech Energy Europe B.V., a fully owned subsidiary of Nanotech Energy Inc., today confirms it has signed a master purchase agreement to supply 1+ GWh size BESS (battery energy storage systems) through 2028 to Smile Energy in Athens, Greece.

Key Points: 
  • AMSTERDAM, Oct. 20, 2022 /PRNewswire/ -- Nanotech Energy Europe B.V., a fully owned subsidiary of Nanotech Energy Inc., today confirms it has signed a master purchase agreement to supply 1+ GWh size BESS (battery energy storage systems) through 2028 to Smile Energy in Athens, Greece.
  • This deal highlights the paramount value of Nanotech's safe, long cycle life, graphene battery to the energy storage market.
  • As the world transitions to a new energy mix, battery storage will be critical to maximizing green energy opportunities.
  • Nanotech Energy is on a mission to bring transformative, graphene-based, energy storage products from the research lab to the mass market.

Berlin Packaging Expands in Eastern Europe with the Acquisition of EPS

Retrieved on: 
Thursday, September 22, 2022

MILAN, Italy, Sept. 22, 2022 (GLOBE NEWSWIRE) -- Berlin Packaging, the world's largest Hybrid Packaging Supplier, announced today the acquisition of European Packaging Solutions (EPS), a family-owned distributor of glass packaging solutions.

Key Points: 
  • MILAN, Italy, Sept. 22, 2022 (GLOBE NEWSWIRE) -- Berlin Packaging, the world's largest Hybrid Packaging Supplier, announced today the acquisition of European Packaging Solutions (EPS), a family-owned distributor of glass packaging solutions.
  • Berlin Packaging entered the Balkans in 2021 with its acquisition of Elias Valavanis S.A., a supplier of glass packaging for the food and beverage industries based in Greece.
  • The EPS acquisition expands our presence in the Balkans and secures important locations in Albania and Bulgaria, said Bill Hayes, Global CEO of Berlin Packaging.
  • EPS is the 4th acquisition Berlin Packaging has completed in EMEA (Europe, Middle East, and Africa) in 2022 and7th acquisition completed globally in 2022.

Insa Oil and Focal Point Energy Announce Joint Venture to Expand Strategic Energy Market

Retrieved on: 
Tuesday, June 14, 2022

HOUSTON and PLOVDIV, Bulgaria, June 14, 2022 /PRNewswire/ -- Houston-based energy investment and development company, Focal Point Energy, has agreed to form a 50/50 joint venture with Insa Oil, a leading Bulgarian energy company.

Key Points: 
  • HOUSTON and PLOVDIV, Bulgaria, June 14, 2022 /PRNewswire/ -- Houston-based energy investment and development company, Focal Point Energy, has agreed to form a 50/50 joint venture with Insa Oil, a leading Bulgarian energy company.
  • Insa Inc, as the venture is named, sees Focal Point and Insa partnering to expand reach into the broader Balkan market.
  • Insa Inc, as the joint venture is named, will see Focal Point Energy and Insa Oil partnering to expand Insa Oil's reach into the broader Balkan market for both their existing portfolio of refined products and to develop new clean energy opportunities in the region.
  • As part of the joint venture, Focal Point Energy will support the ongoing development of a new bio-ethanol production plan, in addition to Insa Oil's existing Bulgarian refinery.

Wave and Tidal Energy Market to Reach $1.3 Bn, Globally, by 2030 at 9.4% CAGR: Allied Market Research

Retrieved on: 
Monday, May 23, 2022

PORTLAND, Ore., May 23, 2022 /PRNewswire/ -- Allied Market Research published a report, titled, "Wave and Tidal Energy Market by Type (Wave Energy, Tidal Energy), by Technology (Tidal stream generator, Oscillating Water Columns, Tidal turbines, Tidal barrages, Tidal fences), by Application (Power generation, Desalination): Global Opportunity Analysis and Industry Forecast, 2020-2030". According to the report, the global wave and tidal energy industry generated $0.5 billion in 2020, and is anticipated to generate $1.3 billion by 2030, witnessing a CAGR of 9.4% from 2021 to 2030.

Key Points: 
  • This factor drives the growth of the global wave and tidal energy market.
  • PORTLAND, Ore., May 23, 2022 /PRNewswire/ -- Allied Market Research published a report, titled, " Wave and Tidal Energy Market by Type (Wave Energy, Tidal Energy), by Technology (Tidal stream generator, Oscillating Water Columns, Tidal turbines, Tidal barrages, Tidal fences), by Application (Power generation, Desalination): Global Opportunity Analysis and Industry Forecast, 2020-2030".
  • This factor drives the growth of the global wave and tidal energy market.
  • Furthermore, import and export activities were significantly impacted, which in turn, adversely affected the industries using wave and tidal energy system and thereby, affecting the global wave and tidal energy market.

Wave and Tidal Energy Market to Reach $1.3 Bn, Globally, by 2030 at 9.4% CAGR: Allied Market Research

Retrieved on: 
Monday, May 23, 2022

PORTLAND, Ore., May 23, 2022 /PRNewswire/ -- Allied Market Research published a report, titled, "Wave and Tidal Energy Market by Type (Wave Energy, Tidal Energy), by Technology (Tidal stream generator, Oscillating Water Columns, Tidal turbines, Tidal barrages, Tidal fences), by Application (Power generation, Desalination): Global Opportunity Analysis and Industry Forecast, 2020-2030". According to the report, the global wave and tidal energy industry generated $0.5 billion in 2020, and is anticipated to generate $1.3 billion by 2030, witnessing a CAGR of 9.4% from 2021 to 2030.

Key Points: 
  • This factor drives the growth of the global wave and tidal energy market.
  • PORTLAND, Ore., May 23, 2022 /PRNewswire/ -- Allied Market Research published a report, titled, " Wave and Tidal Energy Market by Type (Wave Energy, Tidal Energy), by Technology (Tidal stream generator, Oscillating Water Columns, Tidal turbines, Tidal barrages, Tidal fences), by Application (Power generation, Desalination): Global Opportunity Analysis and Industry Forecast, 2020-2030".
  • This factor drives the growth of the global wave and tidal energy market.
  • Furthermore, import and export activities were significantly impacted, which in turn, adversely affected the industries using wave and tidal energy system and thereby, affecting the global wave and tidal energy market.