EU on track to meeting 20% renewable energy target
In 2013, Bulgaria has already exceeded its renewable energy sources target share of 16% for 2020 by three percentage points, while in the rest of European Union’s southeast, Cyprus is the furthest behind schedule, having achieved 8.1%, compared to its target of a 13% share, a new report shows. EU countries are well on the […]
Repower gives up on investments in renewables
A Swiss group changed its mind about investing in renewable energy sources in Romania, due to law changes, portals Wall-street.ro and Capital.ro said. Private power supplier Repower Furnizare Romania, the local subsidiary of Swiss-held Repower AG, was planning to invest about CHF 200 million (EUR 192 million) in renewable energy production units, as well as […]
Hidroelectrica’s contracts didn’t involve state aid
Following an in-depth investigation, the European Commission has concluded that electricity supply contracts signed by the state-owned Romanian electricity generator Hidroelectrica SA with certain electricity traders and industrial customers did not involve state aid within the meaning of the EU rules. The commission found that the contracts were either concluded on market terms or, where […]
EBRD, KfW finance Krnovo wind park project
Julio Moreno, head of the European Bank for Reconstruction and Development’s country office, announced an investment of EUR 48.5 million in Krnovo wind farm in an interview for Portal Analitika. The project worth a total EUR 130 million will be supported in cooperation with KfW Development Bank of Germany, he added. „It will be the […]
Serbian company installs LED lighting in Kočani
Minel-Schréder fabrika svetiljki DOO from Belgrade, Serbia, signed a contract with Kočani municipality to replace street lighting and installing LED lamps in the town and a part of the village of Orizari. The value of the project is MKD 52.51 million (EUR 850.000) and 3,125 lights will be replaced, said Ratko Dimitrovski, Kočani mayor, who […]
Upsolar selected for nearly 3 MW of new solar projects
Chinese provider of solar photovoltaic modules and services Upsolar said it struck a deal for 2.84 MW of capacity with Erikoğlu SunSystem, an engineering, procurement and construction (EPC) company with more than 2,000 systems deployed. Erikoğlu will install 3,548 Upsolar UP-M250P and 7,592 Upsolar UP-M260P modules across three projects in the cities of Denizli and […]
New law on biomass, biogas means cheaper heating
Four ministries, regulating authority ANRE and Romanian Association of Biomass and Biogas (Arbio) are preparing the new law for the biomass and biogas sector, while a parliamentary committee is working on the new law for heating, Energynomics.ro reported. The final stage of talks started on the feed-in tariff scheme (for projects with an installed capacity […]
Srebrenik school reconstructed with project funds
More than 600 pupils will have warmer classrooms and savings of more than 50% shall be achieved after the reconstruction of the elementary school in Duboki Potok in the municipality of Srebrenik near Tuzla, Ekapija.ba portal reported. Gromex company was hired for the works within the Green Economic Development project, implemented by the United Nations […]
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