Japanese CIS modules to power five solar power plants
Solar Frontier Europe, a subsidiary of the world’s largest CIS solutions provider, has signed a 23 MW module supply agreement with Konar Energy of Turkey at Solarex 2015 in Istanbul. The parent company said it will be supplying its proprietary CIS thin-film modules, manufactured in Japan, for five upcoming solar power plants in Turkey. Module […]
Minister confirms delay in electricity market liberalization
The government remains on the decision to delay the electricity market liberalization, economy minister Bekim Neziri said, as quoted by MINA agency’s Macedoniaonline.eu portal. “Full liberalization of the electricity market in Macedonia would lead to an increase in the household electricity price. Even the current prices are high for citizens, and therefore we remain on […]
Challenges to financing renewable energy projects in the Balkans
By Qendresa Rugova, Burg Capital GmBH, Vienna esa.rugova@burgcapital.com Global investment in renewable power has seen impressive growth, even surpassing anticipations with a total investment of USD 270.2 billion in 2014, 17% higher than 2013 (BNEF, 2015). This surge in investment has become possible as costs for solar panels and wind turbines are rapidly decreasing thereby […]
Biomass in the Western Balkans: Why don’t we use our wood biomass potentials?
By Vojislav Milijić, CEO of Foragrobio CC d. o. o. / president of Serbian National Biomass Association Serbio vojislav.milijic@serbio.rs Biomass is the biodegradable part of products, waste and residues in forestry, agriculture industry and communal waste. Biomass from wood and agriculture residues is the first energy source used by humans and its significance has reduced […]
Heating market emerging, but needs policy support
In the Balkan countries and in Turkey the energy policy is focused on fossil and nuclear energy sources rather than on renewables, says Heinz Kopetz, president of the World Bioenergy Association (WBA)
New Generation Power International announces joint venture
Global independent power producer New Generation Power International (NGPI), headquartered in the United States, announced a joint venture with Yılsan Holding, Mineks International and DCM Energy to develop, own and operate a 100 MW geothermal project in Turkey. Turkey has previously stated its goal to source 30% of its power needs from renewable energy, including […]
Reforms, forest quality conversion needed for biomass suply
Official information from public sources about forests in Serbia, most importantly from the national inventory from nine years ago, has a lot of discrepancy and data varies very much, even up to six times in some important categories, said Nenad Petrović, a docent at Faculty of Forestry in Belgrade. One of the main reasons, in […]
IFC investment in ABank for SMEs’ energy efficiency
IFC, a member of the World Bank Group, announced a USD 97 million (EUR 85.17 million) financing package to ABank, to increase lending to energy efficiency and renewable energy projects in order to boost sustainable energy investment in Turkey and support micro, small, and medium enterprises, which are essential for economic development and job creation. […]
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