EIB sets EUR 360 million for co-financing with EU funds
Romanian Partnership Agreement with the European Union for the 2014-2020 programming period will be supported by the European Investment Bank’s loan of EUR 360 million. Growth-oriented investments will be financed under operational programmes targeting competitiveness, human capital and large-scale infrastructure, EIB said after the agreement was signed. The loan will focus on energy, environmental improvement, […]
Recom modules deployed in 11.9 MW project
Amur Leopard solar modules of 260 W produced by Recom have been deployed in the construction of a landmark 11.9 MW photovoltaic project in Cyprus. The multi-site development, which includes ground-mounted solar parks in five locations across the country: at Frenaros, Nisou, Dali, Paliometocho and Malounta, are among the first solar projects of this scale […]
Gamesa lands wind turbine deal in Greece of 10.2 MW
Six European projects in development will be supplied by Gamesa Corporación Tecnológica. The manufacturer headquartered in Spain said it has been contracted to install 12 G52 turbines of 850 kW at a wind farm located in the island of Eubea in Greece. The press release adds the deals have been closed in the second quarter […]
LM Wind Power breaks ground for wind turbine blade plant
A facility in Bergama Organized Industrial Zone (BOSBI), set to start production by the middle of next year, is designed to produce enough wind blades for the capacity of 500 MW per year, with an option to raise it to around 2 GW. LM Wind Power, the world’s largest manufacturer in the segment, broke ground […]
Zagreb gets first ultra-fast solar car charging station
In front of the City Administration of Zagreb building, on Stjepan Radić Square, HEP Group inaugurated the first ELEN LEAF battery charging station for electric vehicles. It is a prototype of the most advanced charging station for electric cars in Croatia and also the first that is powered by solar energy, the state-controlled utility said. […]
Geothermal energy is underutilized
The Belgrade Chamber of Commerce organized a conference called Geothermal Energy is in Our Backyard, under the auspices of the city’s Secretariat for Energy and the Faculty of Mining and Geology of the University of Belgrade. The event was attended by representatives of local municipalities and many companies and public utilities from Belgrade and Serbia, […]
HRT buys HEP’s green energy again
HEP Group, Croatian government-owned power utility, said it agreed with Croatian Radiotelevision (HRT) for the state media system to continue to be a user of electricity supply obtained exclusively from renewable sources. The contract was signed by head of HRT Siniša Kovačić and HEP managing director Perica Jukić. HRT’s electricity from renewable sources is provided […]
ČEZ lauches arbitration proceedings for its investment
Bulgaria’s failure to observe the investment protection provisions of the Energy Charter Treaty was cited by ČEZ Group for its decision to file a request for arbitration with the World Bank’s International Centre for Settlement of Investment Disputes (ICSID). A number of actions of domestic authorities damaged the Czech utility’s companies in Bulgaria, causing the […]