Greek renewable power projects stalled by turmoil
Ambitious projects will be on hold for some time, due to the risk of Greece exiting from the eurozone, EurActiv and Reuters said in a report. Two sources said at least four major solar and wind projects had stalled. Decisions to invest are on hold as there is too much risk, according to one, while […]
Bosch sells five solar parks for EUR 10 million
Businessman Nedko Mladenov’s company BCI bought five photovoltaic parks near Kazanlak in Bulgaria from Bosch Solar Energy for EUR 10 million, Capital.bg reported. He is the head of BCI Kazanlak Holding, which used to manage the facilities. The solar power plants of 4.98 MW each have been connected to the grid since July 2, 2012. […]
Government gets EU funds for financing energy, transport
Close to EUR 9.5 billion for investments in projects on environment, energy and transport, by means of the Operational Program for Major Infrastructure of Romania (POIM) for 2014–20, was set by the European Commission, its resident office announced. Under the EU cohesion policy, EUR 23 billion were earmarked for the country. When taking into account […]
Bulgaria interested in Montenegro–Italy power link
Prime minister Boyko Borisov has suggested at a meeting with Montenegro’s president Filip Vujanović for Bulgaria to use the high-voltage submarine link between that country and Italy, which is yet to be completed, in order to export electricity, Hellenic Business Council in Bulgaria reported on its website. Borisov and Vujanović met at the Council of […]
Vestas secures 46.2 MW order for Amasya wind project
Şehzade Enerji, a subsidiary of GNCR Holding and Eurowind Holdings, chose Vestas Wind Systems A/S of Denmark to supply V126 turbines for its Amasya wind power project in Turkey. The order comprises the supply and installation of the 14 turbines as well as a five-year service agreement, Vestas said. The delivery is planned for the […]
Norway Grants pledge EUR 26 million for green projects
Romania’s private enterprises and non-governmental organizations will be awarded with funds for ongoing projects by the Green Industry Innovation Programme, funded by Norway, Business Review’s portal reported. Out of 53 entities, 32 are partnerships by companies or NGOs from both countries. Norway Grants allocates EUR 26 million for job creation, reduction of carbon-dioxide emissions, energy […]
Short-term levy imposed for viability of renewables
The parliament approved a ‘temporary green tax’, deemed necessary by the government to ensure the viability of the Renewable Energy Sources Fund, local media said. The fee charged to all electricity consumers was raised to 0.65 euro cents per kWh from 0.5 euro cents per kWh. The increase applies until the end of the year. […]
Electricity bridge planned with Georgia, Azerbaijan
A new power line will be added to the current energy corridor that runs between Turkey, Georgia and Azerbaijan, Daily Sabah reported. The electric part of the corridor starts with the Baku–Tbilisi–Ceyhan oil pipeline and continues with the Trans-Anatolian Natural Gas Pipeline (Tanap). Boards came together in Georgia’s capital Tbilisi and chose two routes. Deputy […]
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