Power capacity from renewables reaches 5.14 GW

Last year power production in Romania grew 7.8% to 69.37 TWh, according to data from the National Institute of Statistics. Thermal power stations generated 1.65 TWh, a 6.2% increase on the year, hydropower output fell 12.2% to 16.69 TWh, and nuclear units produced 11.64 TWh or 0.3% less than in 2014. Wind turbines contributed 7.05 […]

News February 11, 2016

Croatia, Romania lead region in green energy target quotas

While Cyprus fared very low and Greece was just under European Union average in 2014 by the share of renewables in gross final energy consumption, Croatia reached the highest level in the bloc among the markets followed by Balkan Green Energy News. A publication released by Eurostat revealed the newest EU member exceeded the target of […]

News February 10, 2016

EBRD awards sustainable energy projects

In a ceremony in Istanbul, the European Bank for Reconstruction and Development and partners have awarded the best energy efficiency and renewable energy projects financed in Turkey through the Mid-size Sustainable Energy Financing Facility (MidSEFF). The programme, supported by the European Union and the European Investment Bank, provides funds to Turkish banks. EBRD is expanding […]

News February 10, 2016

Armed conflict makes Statkraft write off hydro project

As fights between government forces and the rebels intensified in southeastern Turkey, Statkraft stated in its quarterly results it decided to suspend most of the construction works for the Çetin hydropower plants on the Botan river. The two facilities planned for total capacity of 517 MW are the Norwegian company’s biggest project outside the home […]

Renewables February 10, 2016

Končar to revitalize hydropower plant in Kenya

Following a public tender Končar – Power Plant and Electric Traction Engineering (KET) signed a contract with Kenya Electricity Generating Company (KenGen) for the revitalization project of hydropower plant Kamburu (3×37 MVA) worth almost EUR 14 million. Končar said its firm will deliver electrical equipment, including the rehabilitation of the three generators, while the turbine […]

Renewables February 10, 2016

Transeastern acquiring hydro, wind projects

According to a letter of intent, Transeastern Power Trust from Canada will take over three operational small hydropower plants in Romania with an overall capacity of 3.65 MW. The company announced a transaction, calculated on a debt-free basis of CAD 7.5 million, or EUR 5 million. On February 1, Transeastern announced a proposed acquisition of […]

News February 10, 2016

Municipality to acquire small hydropower plant

Western Serbian Municipality of Nova Varoš set RSD 100 million (EUR 891,000) for the purchase of a small hydropower plant from the army, while according to estimates, a similar amount will be needed for the rehabilitation of the pipeline and new equipment, according to local portal Glas zapadne Srbije. The municipal assembly voted to buy […]

Renewables February 10, 2016