Ten units of Western Balkan thermal power plants must be shut down by 2023
Ten units of coal-fired power plants in total will be shut down by the end of 2023 in BiH, Montenegro and Serbia, according to the Energy Transition Tracker
Reducing use of coal to get cleaner air in Sarajevo
Authorities in Sarajevo plan to limit the use of coal in order to start solving the decades-old problem of polluted air. Air pollution is directly responsible for one of five premature deaths in the city. Due to air pollution, the capital of Bosnia and Herzegovina is often among the 50 most polluted cities in the […]
Tetra Pak factory in Serbia consuming only renewable electricity
Tetra Pak has a goal of reaching net zero greenhouse gas emissions within a decade and its plant in Gornji Milanovac in Serbia has contributed by consuming electricity from 100% renewable sources. Tetra Pak has announced that it obtained renewable electricity certificates that account for 100% of the electricity consumption in its factory in Gornji […]
CINS: Official air quality monitoring data for Serbia are unreliable
Some automatic stations that measure air pollution in Serbia were out of service for years and others recorded partial or unreliable data amid a lack of funding. The state lowered reporting standards since the system was rolled out ten years ago. The capacity of domestic automatic monitoring stations has been decreasing since 2010, when they […]
Global investment in offshore wind power rises fourfold in first half of 2020
The allocation of funds for renewable energy from January to June outperformed data from most economic reports in the world, which can largely be attributed to offshore wind power. The sum of investment decisions in the subsector jumped 319% to USD 35 billion on an annual basis, topping the result from entire last year. The […]
Galascope completes solar power plants of 7.5 MW in Cyprus
RCB Bank financed the construction of two solar power plants in Cyprus with the help of the European Investment Bank. Galascope connected the facilities with an overall capacity of 7.5 MW to the grid and it will sell electricity in the open market. Galascope connected two photovoltaic parks of 7.5 MW in total to the […]
EFT signs concession for 60 MW solar power plant in Bileća in BiH
Energy Financing Team SE Bileća inked a deal for its first photovoltaic unit. After EFT Group’s subsidiary launched the initiative for a concession to build a 60 MW solar power plant, the Republic of Srpska started the procedure in January. The Ministry of Energy and Mining of the Republic of Srpska said Minister Petar Đokić […]
Terna Energy sells Mountain Air wind farm in US
Greece’s Terna Energy has sold the 138 MW Mountain Air wind farm in Idaho in the United States to Innergex Renewable Energy Inc. for USD 215 million. According to the Greek energy company, the operating profit of the project amounted to USD 17.6 million in 2019. The sale is expected to generate a profit of […]
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