JinkoSolar to supply 50 MW of solar panels to Tegnatia
Photovoltaic industry supplier JinkoSolar Holding Co., Ltd. announced it would supply panels of 50 MW overall capacity to Turkey’s renewable energy developer Tegnatia. According to the agreements signed by both parties at the beginning of 2015, the equipment will be delivered in several shipments bound for projects across Turkey. Tegnatia is a joint venture between […]
Basketball star’s factory supplies EPS with smart meters
EWG’s factory from the eastern Serbian town of Bor won the controversial tendering for the production of smart power meters for Electric Power Industry of Serbia (EPS), Belgrade newspaper Večernje novosti said on May 12. The company, which launched production in 2013, is owned by Dejan Bodiroga, International Basketball Federation (FIBA) official and retired Serbian […]
Bulgaria reluctant to join regional auction platform
Plans to create a single European cross-border capacity auction platform is holding back the Bulgarian transmission system operator from joining the regional platform. This is despite the fact a joint European auction platform might only be operational by 2019, petrochemical market information provider ICIS reported. At a recent industry event, Victoria Popovska, head of the […]
IFC invests in Finans Leasing to help energy efficiency
IFC, a member of the World Bank Group, said it is providing a USD 60 million (EUR 52.62 million) loan to Finans Leasing, a leading Turkish leasing company, to boost lending to small and medium enterprises (SMEs) for sustainable energy efficiency projects that will cut costs and help protect the environment. IFC will lend USD […]
Pressure mounts on EBRD to quit Mavrovo dams project
The Macedonian government has plans to make Mavrovo the home for two large and around 15 small hydro power plants, one with financial support from the EBRD, even though this is the largest and richest national park in the country and home to the critically endangered Balkan Lynx, CEE Bankwatch Network said. Boškov most, one of […]
Enel’s subsidiary posts EUR 64 million profit in Q1
Enel’s EBITDA in Romania fell by 1.5% in the first quarter, from EUR 65 million a year ago to EUR 64 million, according to data released by the Italian group and quoted by Mediafax. The company has obtained earnings before interest and taxes (EBIT) down by 26% from EUR 50 million a year ago to […]
Parliament approves law on power from renewable sources
A large majority of lawmakers adopted legislation on measures in the field of electricity produced from renewable energy sources, according to a press release issued by the Ministry of Energy, Small and Medium Sized Enterprises and Business Environment, Business-review.eu reported. The business magazine’s portal said producers and operators who were not issued individual decisions authorization […]
Formal launch of works on Krnovo wind power plant
Montenegro’s Krnovo Green Energy has marked the official start of construction works on the 72 MW Krnovo wind power plant with an estimated investment value of EUR 120 million, SeeNews portal cited local media reports. The consortium of France’s Akuo and Austria’s Ivicom has been awarded a permit to build the wind park. Krnovo Green […]