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Lol keep digging
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What licenses are needed to break ground on construction? not sure on what they actually need there, but I'm under the opinion a lot of the license's come as the projects develop from watching devoll build. Maybe the office is a ?
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Latest energy project updates No Shala postings, it's going t be a long summer so don't get in a hurry here. The good thought are Devoll has been in construction for quite some time and their still working on license's and there are a couple new projects popping up.
DECISION. 48, dated 29.04.2016 ON THE BEGINNING OF PROCEDURES FOR LICENSING OF SOCIETY "Xhengo ENERGY" SH.PK, for generation of electricity from HEC "hut Selces"
DECISION. 49, dated 29.04.2016 ON THE BEGINNING OF PROCEDURES FOR THE LICENSING OF SOCIETY "Xhengo ENERGY" SH.PK, MERCHANTABILITY ACTIVITY IN ELECTRICITY
DECISION. 50, dated 04.29.2016 ON THE BEGINNING OF PROCEDURES FOR THE LICENSING OF SOCIETY "Xhengo ENERGY" SH.PK, THE ACTIVITY OF SUPPLY OF ELECTRICITY
DECISION. 51, dated 29.04.2016 ON THE LICENSING OF SOCIETY "FREEDOM ENERGY" SH.PK for generation of electricity from HEC "caves beneath 2" in 2300 with an installed power KW
DECISION. 52, dated 29.04.2016 ON THE LICENSING OF SOCIETY "FREEDOM ENERGY" SH.PK TRADING ACTIVITY IN ELECTRICITY
DECISION. 53, dated 29.04.2016 ON THE LICENSING OF SOCIETY "FREEDOM ENERGY" SH.PK ACTIVITY OF SUPPLY OF ELECTRICITY
DECISION. 54, dated 29.04.2016 ON THE BEGINNING OF PROCEDURES FOR THE LICENSING OF SOCIETY "AE DISTRIBUTION" MERCHANTABILITY SH.PK ACTIVITY OF ELECTRICITY
DECISION. 55, dated 04.29.2016 ON THE BEGINNING OF PROCEDURES FOR THE LICENSING OF SOCIETY "AE DISTRIBUTION" SH.PK ACTIVITY OF SUPPLY OF ELECTRICITY
DECISION. 56, dated 04.29.2016 ON THE BEGINNING OF PROCEDURES FOR THE LICENSING OF SOCIETY "Devoll Hydropower" JSC ACTIVITY OF SUPPLY OF ELECTRICITY
DECISION. 57, dated 29.04.2016 ON THE BEGINNING OF PROCEDURES FOR THE LICENSING OF SOCIETY "DAAB ENERGY GROUP" SH.PK for generation of electricity from HEC "-TOMORRICË DOBRENJË 2400 with installed power KW
DECISION. 58, dated 04.29.2016 ON THE BEGINNING OF PROCEDURES FOR THE LICENSING OF SOCIETY "DAAB ENERGY GROUP" MERCHANTABILITY SH.PK ACTIVITY OF ELECTRICITY
DECISION. 59, dated 29.04.2016 of initiating procedures for the approval of "GENERAL CONTRACT CONDITIONS OF UNIVERSAL SERVICE SUPPLY OF ELECTRICITY TO END CUSTOMERS"
DECISION. 60, dated 04.29.2016 ON THE BEGINNING OF PROCEDURE FOR REVIEW OF DRAFT - REGULATION ON THE LINKS ON DISTRIBUTION SYSTEM
I had my post worded wrong so I deleted, to much coffee this morning,
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I take this as a WIN for business's and possibly our project.
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Kosovo and Albania, agreements to protect investments
English newspapers -
May 4, 2016
KESH Two ministers of Kosovo and Albania, Hykmete Bajrami and Milva Ekonomi, signed the agreement for the promotion and protection of investments. The agreement gives investors of each country, security and guarantee that their investments will be protected and treated fairly in full compliance with the rule of law, standards and accepted international practices. Economy Minister at the meeting praised the growth of direct investment from Kosovo to Albania and increase trade volume between the countries in 2015. The two ministers also discussed the progress of implementation of the agreement on trade facilitation.
you will have to google translate below, Does this include all investors (foreign?)
http://www.gazeta-shqip.com/lajme/2016/05/04/kosova-dhe-shqiperia-marreveshje-per-te-mbrojtur-investimet/
Time for a vote for the country to let Albania grow jobs and new business's
"said Meta.yesterday the justice reform has been completed, as this was what we expected, it has been the final word of the Venice Commission, which is given and the final word and OPDAT EURALIUS experts. From yesterday, with the final delivery of expert opinions, everything is finished. We were ready to vote with that yesterday. LSI worked reform to include as many actors and believe that inclusion has been a dimension of this reform. Every minute that passes is counterproductive and jeopardize our agenda on the EU path."
This is like a jigsaw puzzle and scavenger hunt, but the pieces continue to fall in place.
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The Energy Community Secretariat said Albania, Macedonia and Bosnia and Herzegovina rectified the failure to comply with the renewable energy directive (2009/28/EC).
Albania’s and Macedonia adopted National Renewable Energy Action Plans (NREAP) earlier this year, while BiH submitted its own, formally bringing cases ECS-3/14, ECS-4/14, ECS-5/14 to the end, the secretariat said on its website. This is without prejudice to the fact that Macedonia’s NREAP has to be reviewed to include updated biomass data, the statement adds.
Last year’s decision of the Ministerial Council established the failure to comply with Energy Community law, where a series of dispute settlement cases were initiated by the secretariat in February 2014. The round had included Montenegro and Ukraine, but the two contracting parties rectified breaches by the end of that year. The obligation to adopt an action plan stems from directive 2009/28/EC on the promotion of the use of energy from renewable sources, adopted in the Energy Community in 2012.
http://balkangreenenergynews.com/albania-macedonia-bih-abide-by-renewables-directive/
Austrian Kelag Group, owned by German multinational energy company RWE, signed a letter of intent with electricity distribution Elektro Celje d. d. about a strategic partnership. In the next phase it may enter its trading enterprise Elektro Celje energija (ECE), which controls 23% of Slovenian power market and supplies over 200,000 households. “We are analyzing possible models. Several options are open,” Rade Kneževic, Elektro Celje’s departing managing director, told Dnevnik newspaper. Almost 75% of ECE is owned by the company.
RWE has been trying to grow its operations in the electricity distribution market in Slovenia. Through its Croatian subsidiary last year it entered the households segment, and it has been speculated in the media that the German company is preparing to obtain an ownership share in one of state-owned electricity traders, the article said.
Kelag is already present in Slovenia through Interenergo d. o. o., which owns several hydropower plants in the region of former Yugoslavia. The chief executive of the company is Anton Papež, known for close ties with Miro Cerar, prime minister of Slovenia, Dnevnik said. The key lobbyist of Kelag in the country is Benjamin Wakounig, who heads the Slovenian Economic Association (SGZ) in
http://balkangreenenergynews.com/rwe-wants-bigger-share-in-power-distribution-market/
ERE step regulation procedures for new connections to the distribution system, Dr. Gordani Lawrence, 29 April 2016
Albanian Association of Renewable Energy - AREA considers as very positive the decision of the Energy Regulatory Office, the meeting dated 29.04.2016, on the initiation of the procedure for adoption of the "Draft Regulation for New Connections Distribution System" (ref. Department legal and Consumer Protection). A decision in line with the commitment expressed during the General Assembly of AREA's on 28 April 2016, in the framework of "Plan and Program Objectives for 2016".
Specifically in connection with the foregoing Area will submit the official request for inclusion closely in the consultation process of the Rules for New Connections Distribution System. Indeed, in this respect under the Energy Sector Law 43/2015 provides guaranteed access to renewable energy producers with priority dispatching of electricity from renewable sources, but secondary legislation so far has not been complete. Priorities for approval by ERE is necessary procedural measures as well as preparing the documentation relative to link generating facilities.
In particular, network operators need to increase transparency to investors with respect to access to networks based on the methodology for determining the cost of connection to the nearest point in the network. All must be done in order to bring a performance improvement through investments in network and establishing clear procedures in practice and prompt compensation in case of lack of network capacity in conformity with the provisions of Article 16 of the Renewable Energy Directive.
In the same framework requires the approval of administrative procedures simplified for granting authorizations for producers of renewable energy in accordance with the requirements of the Law on Energy Sector 2015 and especially as defined by Article 13 of Directive Renewable Energy for procedures streamlined and simplified between institutions.
On the foregoing it is considered useful to recall once again that the current developments in the sector make the necessary construction of a framework of "smart" regulatory facilitate profitable investments in efforts to arrive in the most sustainable goals national consumption to 38%. In the interest of as preceding the opening of the "Draft Regulation on new connections to the distribution system" constitutes an important step in support of investments made and further development of the sector by encouraging the application of methods dealing with EU policies in 2020 and beyond to 2030
Is it a iceberg seller or a Rat hole trader?
Deal show is over now and Mr.Falaknaz seems very current with today's trend.
http://www.arabianbusiness.com/company-news/details/?pressReleaseId=51921&ref=nnm
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Picked up nice little 10k this morning more free shares thanks to Apple trading
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The shala concessions were done under Sali Berisha leadership with many others, but it's time to go Berisha, Let the people have this country and let it grow.(PD is feeling the loss of control pressure)
After the call for the arms of Albanians yesterday in Parliament by Sali Berisha, Prime Minister Edi Rama has urged the Prosecutor General to immediately initiate an investigation of this statement.
In a press conference, Berisha described Rama as a "funny character" that every Thursday closing process continues to drag on judicial reform. "Berisha is afraid of reform in justice" - he said.
"There are several reasons to investigate Berisha, this call of the people to be armed is just one more reason, in a normal country should be crier to prosecutors, the law says so in a normal country. But Albania can not be a totally normal for some time as written in the law does not apply equally to all. Albania normal country can become normal people who deserve this country for whom the law is read and applied differently from those who make the laws, pay taxes or Albanians to treat everyone as equals, "he said.
Berisha has not been investigated to date up to what has become or be investigated for what said yesterday, as long as justice reform and voted not apply.
Rama said that Sali Berisha and the PD does not want justice reform.
"Basically calling Sali is one more fact that is known for one thing, inequality before the law. Precisely the privilege of being above the law is the essence of judicial reform. Sali is tipical, so pick the more striking is the strong image of the suit. Therefore on Thursday did not say what laws, but the law indicated weakness citizens before a funny character, that in every country of Europe and the world would have arranged with time.
Actually it came in yesterday stood artificial tension Sali and his group have led to the roof, calling for the arms. PM Sali Berisha and do not want judicial reform.
The more approaching deadlines fans reform more desperation Sali becomes desperation PD, the more deepen political criminal treatment of PD government, instead of coming to the increase in respect of the Albanians, the intensity of the work for reform has come in PD artificial tension that increase with Sali in the top of the canopy led to urging people to pick up weapons.
The White House and a clear message for justice reform to the Albanian people and the requirement to become a member in the EU, "said Rama.
https://translate.google.com/translate?sl=sq&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.gazeta-shqip.com%2Flajme%2F&edit-text=&act=url
https://translate.google.com/translate?sl=sq&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.gazeta-shqip.com%2Flajme%2F&edit-text=&act=u
The perfect Iceburg Play
Really nice Thanks
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Judicial reform is close now, which will be huge for Albania business.
And everyone will have a electric meter soon. The big picture conditions are turning favorable for the people and business. The country is evolving.
Hoffman: "The judicial reform should be adopted before the summer"
Gjiknuri: "Within June, all customers with meters"
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Becareful and take care ed3/6me
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Interesting isn't it, the size of companies that have bought the rights to these concessions from the previous administration.
Top/pspw
In New York yesterday
This time were numerous citizens of Albanian diaspora, who have come up with placards, asking the head of government as not to damage the Valbona area by building hydroelectric power plants.
From 2011 to 2015, 460 companies raised 53 billion pounds, or about $76 billion at current exchange rates, through new listings on the London Stock Exchange, according to the regulator. That included 199 I.P.O.s last year. WOW!
A vast majority of I.P.O.s in Britain are carried out through private placements to institutional investors, such as insurance companies and pension funds, with a few offerings including the sale of a small percentage of shares to retail investors.
http://www.nytimes.com/2016/04/14/business/dealbook/britain-ipo-fca.html?partner=rss&emc=rss&_r=0
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Thank you Sir
Always looking for feedback, good or bad, looking for loopholes in this organization. And I would not suggest anyone taking a position in this stock until they did a lot of reading.
The person that just stops by this board or is told about it at the water fountain is not going to be able to comprehend what has taken place here without their own reading and commitment to research through the financials filed.
The longs here have endured and have been educated thru a period of progression in this stock. I have looked hard to find a reason, and talked with others on different scenarios’ trying to fault this stock. The problem is a group of longs here can’t find a reason why they would stop on PSPW.
With every rebuttal posted it has had a logical reason on why there doing it the way they are and it’s answered in the financials, less lack of communication to shareholders. (Imo)
But I feel this is the way it has to be until the time is right. The more I look at the execution of the projects, the more brilliant it presents itself, this is big business at work.
The financials hold the answers to every question that could be asked except when it’s exactly going to happen.
I will give you credit on the painting of the tape, I take a daily screen shot of shares traded and there is a large number of low volume trades shown, but when a buyer comes in, she moves upward fast. The numbers have not changed; (reference sticky above share allotments) I know where approximately 10 million of those shares are from April 13 to Dec 15 from different people, and the accumulation line speaks for itself. What’s the real reason on propping it up? Is it more attractive at 12 cents instead of 5 cents? Flippers can’t make money on no volume, and there’s no news. And if they do make a dollar who cares.
Dubai group is in control here and it does not make any sense for them to work against SEC policies, PSPW files there financials they told us in the filings that Falak holdings was there OPEC.
OPEC means operating expenses, Research and development and general administration costs provided.
So after reading your post and your comment back to me about painting, It’s Interesting how tuned in you are on the volume for a non-poster, I figure you are probably looking for some PRO responses to your post to help further entice buying of the stock since our volume has slowed, allowing you to flip some more of your shares. All IMO
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One of the reasons I recently posted on how a concession agreement works in Albania
Technical and non-technical terms of agreements and public-private partnership kocensionare are confidential and can not be disclosed to third parties without the consent of all parties involved in the agreement kocensionit.
Imo falak 'a meeting was discussing terms with Energy minister. When Falak says go with Energy minister its go time.
KESH is negotiating a debt restructuring all of its debt created due to the bankruptcy of the sector and due to mismanagement during the previous government.
This came yesterday from Minister of Energy and Industry Damian Gjiknuri administrator. I new it was bad but did not realize they bankrupted the sector. puts the PSPW holding pattern more into perspective with other information found.
https://translate.google.com/translate?sl=sq&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.energjia.gov.al%2F&edit-text=&act=url
PSPW/TOP
Just running my DD Internet paper route this morning and seen that.
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TITLE Press News interconnection line with Kosovo inaugurated in June Gjiknuri
Posted: 02 April 2016
The interconnection line with Kosovo, Gjiknuri In June inaugurated
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400 kilovolt interconnection line between Albania and Kosovo ends in mid June. The news was announced by Minister of Energy and Industry Damian Gjiknuri which together with the administrator of the Transmission System Operator Zeqo z.Engjëll inspected works for the imposing columns of the last segment-Fierzë Koman.
OST administrator, said total Zeqo 4 pillars are the last to finish. According to him, the rest is the extension of the conductor, which to date has completed about 30 kilometers and is scheduled to finish in early June all.
"It is one of the most important investments that OST is carrying out in recent years where along the line the Podgorica greatly increases the readiness of security of supply, increased confidence not only to traders and energy producers but also to neighboring countries after a higher security element for the Balkans, "said Zeqo.
"We are doing physical unification of the Albanian energy market Kosovo energy market. What we call "energy highway" will start functioning. There will be advantages for both countries due to the nature of the production of energy that they have, with our nature coal and hydro. Strengthens ties between Albania and the international network, making Albania advantageous in many ways from either the trading of energy, in terms of security of supply, but above all will bring greater security from the standpoint tariff Albanian consumers great for trading options and exchange of energy bring stability in prices ", said Gjiknuri.
Gjiknuri Minister announced that he will continue with other projects and next year begins line with Macedonia for which funding already secured.
"These are very important developments for Albanian power system which makes it even more solid. A system which is still absorbs more investment and creating the necessary platform for private investment, a pillar of sustainable economic development, "said Gjiknuri.
The new line of 400 kV interkojneksionit Tirana2 - Kosovo b is funded by the government of the Federal Republic of Germany through KfW Bank, with a value of 42 million Euro for the Albanian project. The 400 kV line will have a length of 242 km of which 155.5 km in the territory of Albania and the rest about 90 km in the territory of Kosovo. The project, in addition to increasing the capacity of the electricity exchange and network reliability in the region, will enable optimal resource utilization common electricity to Kosovo and Albania given their complementary nature.
Great find man Thanks for posting
How a concession agreement works
Legal framework of concession agreements HPP by Dr Lawrence Gordani, March 28, 2016
Kocensionit contracts the Hec-ve signed by the Minister of Energy and Industry in the capacity of the contracting authority by the Council of Ministers. After signing the contract, the operator designs the detailed implementation plan. Before approval, the plan is subject to state technical opposition again.
Construction of hydroelectric energy is the subject of 10 to 20 permits and licenses from various regulatory bodies, including: the environmental permit (annually), permits for construction (pre-construction) permit for use of water resources (annual) license to manufacture energy (before the start of production), permit the transmission network connection etc.
Technical and non-technical terms of agreements and public-private partnership kocensionare are confidential and can not be disclosed to third parties without the consent of all parties involved in the agreement kocensionit.
The main terms and conditions of agreements kocensionit and PPP for the construction of hydropower are as follows:
The object of the agreement
Kocensionit target of the agreement is the financing, design, construction, putting into operation, administration, maintenance of hydropower and submit it to the contracting authority (Ministry of Energy and Industry) at the end of the contract term.
Duration of Kocensionit
Kocensioni granted for a period of up to 35 years. Kocensionit period may be extended only in case of an Event of Force Majeure or approved by the Council of Ministers.
Society shapes Kocensionare
After the entry into force of the contract shall establish Kocensionari kocensionit kocensionare Society, which will be transferred all rights and obligations under the contract of kocensionit Kocensionarit. Form of society should be "limited liability company" or "joint stock company", with the sole object of veprimarisë commercial activity exercised within kocensionit contract. This company will have a duration in accordance with the term of the contract kocensionit.
Characteristics of hydropower
Clearly defined in the contract name, location, number and technical characteristics of HPP and the estimated annual production of electrical energy. Also, determine the installed capacity of hydropower which Kocensionari should implement the construction project.
Value of Investment
Kocensionari value that will invest in total monetary value stated in the contract. From this amount in percentage form of investment determined that measures should go for machinery and equipment. Since this value is based on estimates, subject to changes that may occur it may change, but the value of the investment can not be less than 95% of the predicted value.
Kocensionare fees and the value of reinvestment
Kocensionare fees expressed as a percentage (%) of annual electricity production. Kocensionit fee is fixed and does not change until the end of the contract kocensionit.
Kocensionari also has the obligation to reinvest a portion of the initial investment (given in percent) for machinery and equipment, after 15 or 25 years from the entry into force of the contract.
Insurance contract
Kocensionari must deposit in a banking institution or insurance company on behalf of the Contracting Authority an amount ranging from 5-10% of the total investment, according to the contract negotiations. Providing contract will serve to ensure proper implementation in the manner and within the prescribed period, maintenance and fulfillment of other terms of the contract for the period of kocensionit.
Ensuring benefits kocensionit
In accordance with the rules of the market operator may enter an agreement for the sale of electricity in the Wholesale Public Supplier and will sell electricity generated by the power tariffs, set by ERE.
Other risks associated with the project
In the case of complex and risky acts, the contract provides for the separation conditions and the extent of risk associated with the cost of works and other features between public and private partners.
Kocensioneve registry.
By 2013, kocensioneve register held by the Contracting Authority in accordance with the old law kocensioneve. The new law establishes the Ministry of Finance responsible for maintaining the Registry Kocensioneve. Register together a list of kocensioneve hydropower effect is not made public.
Monitoring Kocensioneve
MEI in cooperation with AKBN are responsible for monitoring the implementation of contracts kocensionit and public-private partnerships. NANR reports quarterly to the Contracting Authority kocensioneve situation in the construction phase and related offenses. Currently, NANR assessment process is in actual investment and installed capacity for kocensionet who have completed the construction phase and in the production process.
Licensing of manufacturing power.
When construction ends of HPP, Kocensionarët undergo a final inspection technician, before applying for the licensing of manufacturing power. ERE provides power production licenses based on regulations. Licensing rules and practices for the production, marketing and supply of energy and the register of licenses for each license type published and continually updated on the official website of the ERE.
Reports published for the power sector.
ERE publishes in the first quarter of the next year a comprehensive report on the state of the electricity sector in the reporting year. This report includes data for a) the generation, transmission and distribution of electricity; b) regulating and monitoring the operators of the electricity market; c) licensing activity and dealing with conflicts; d) legislative developments; e) institutional and international relations in the field of energy, etc.
Looks that way
Thanks Wakl
at the time it was thought Bank Julius Baer ended up with a large amount of those shares.
Rame Energy ended up with all that and have recently sold some of it,all dispersed from pspw.
http://renewables.seenews.com/news/search/?term=rame+energy&date=0&date-from=&date-to=
http://renewables.seenews.com/news/search/?term=seawind&date=0&date-from=&date-to=
Don't cut yourself short, your well grounded on this stock. Their is a good input from many on this board
Top/Pspw
Thanks Wakl I'm just trying to show a common basic view point of where we have been and where we could be going.
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