EPCG overhauls small hydropower plant Glava Zete, replaces two transformers at HPP Perućica
Montenegrin state power utility Elektroprivreda Crne Gore (EPCG) has completed an overhaul of small hydropower plant Glava Zete, operated by its joint venture with Norwegian firm NTE. The state-owned utility has also replaced two transformers at its hydropower plant Perućica. The modernization of Glava Zete was part of an EUR 8 million project that also […]
Nanotechnology brings flexible, printed solar power panels
Third-generation photovoltaics are thin, light and semitransparent and come in different colors. Furthermore, nanotechnology enables printing of flexible solar power panels with endless applications. Less than a milimeter thick and weighing under 500 grams per square meter, flexible organic photovoltaic modules are the new generation of materials with wide applications, compatible with building materials. The […]
Portugal reaches world’s record low solar power prices in auction
Portugal’s government accepted an unidentified project developer’s offer of EUR 11.4 per MWh for solar power over 15 years, beating the latest all-time low achieved in an auction in Abu Dhabi. Minister of Environment João Pedro Matos Fernandes said the latest round of bidding for the construction of solar power plants in Portugal resulted in […]
Solar power is becoming more affordable for firms, households in Serbia
Solar power systems are getting cheaper every year. During the industry’s boom in Europe and the world, investment in the sector in Serbia has been weak. ProCredit Bank’s expert Danko Kalkan points to great growth potential. Prices of solar power equipment have been halved in the past several years so such systems are more profitable […]
CE Oltenia plans to slash CO2 emissions by 38%, but keep investing in coal
Romania’s ailing state-run electricity producer Complexul Energetic Oltenia (CE Oltenia) has drawn up a 2021-2026 restructuring and decarbonization plan that entails gradually reducing coal power production and developing renewable energy sources, with a target to cut CO2 emissions by around 38%. The plan includes EUR 1.5 billion in investments. CE Oltenia, the second-biggest electricity producer […]
450 MW offshore wind park to be built in Adriatic Sea
Italy-based energy services company Saipem has announced plans to build one of the first wind farms in the Adriatic Sea in cooperation with two other domestic firms. The offshore wind power plant, described as the biggest in Italy, will have an installed capacity of about 450 MW. Saipem said the planned wind farm will have […]
Greek Green Funds target over EUR 3 billion in investments
The Hellenic Development Bank of Investments (HDBI) has launched a program called Greek Green Funds for venture capital and private equity funds to finance businesses in the sectors of renewable energy production and technology, energy conservation infrastructure, sustainable development, and circular economy. The Greek Ministry of Development and Investments has said the program is expected […]
Serbian building firm on path to green growth with new high-efficiency equipment
Serbian construction company Karin Komerc MD has taken a significant step towards green growth by investing in new, high-efficiency equipment. The achieved cuts in energy and water consumption, reduced CO2 emissions, as well as financial savings, demonstrate the great potential of the construction industry to reduce its environmental footprint and take an active role in […]
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