Croatia paid EUR 410 million so far in incentives for renewables
Since 2007, when stimulation of renewable energy production started in Croatia, until the end of 2015, HRK 3.07 billion (EUR 410 million) has been paid to preferential producers. Last year alone, the budget was over EUR 133 million and, as the number of power plants rises and the amount of bought electricity increases, by the end […]
Turcas Petrol to enter energy market in Iran
Turkish energy company Turcas Petrol is looking at entering the Iranian energy market through investments in oil, gas or renewables, following the lifting of most of the sanctions against the Islamic Republic. “We believe we must definitely be in Iran,” company’s chief executive Batu Aksoy told journalists, as reported by Hürriyet Daily News. At a time when […]
EBRD launches Reenova+ in Croatia
The European Bank for Reconstruction and Development is starting a EUR 60 million facility for financing energy efficiency improvements in Croatian homes and households. Loans under the new Reenova+ financing facility will be extended by partner financial institutions, the bank stated on its website. Erste & Steiermärkische Bank d. d. is the first that joined the programme and additional […]
Cogeneration at Vinča landfill to be launched in 2019
Five companies have been shortlisted from 11 that applied in a tender for the selection of a private partner to cooperate with the City of Belgrade in the rehabilitation of Vinča landfill and the construction of a waste management facility where heat and power will be generated, portal Novosti.rs reported. The firms are going to the next […]
Public enterprises, municipalities must hire energy managers
All companies controlled by the government are obligated to appoint an energy manager in order to start reducing electricity, gas, fuel oil and other energy consumption, Večernje novosti newspaper’s portal reported. According to new regulation issued by the Ministry of Mining and Energy, the rule also applies to all other companies that consume more than […]
Attractiveness of Turkish market growing with renewables
Turkey, despite the problems in the surrounding Middle Eastern region, is a good country to make energy investments, according to the head of Energy Council of Foreign Investors, Anadolu Agency’s Energy News Terminal reported. Mario Diel said in an interview that domestic electricity and natural gas markets are new, developing and ripe for foreign investors to profit. He […]
Remote reading system covers over 60% of customers
Out of 370,000 electricity consumers in Montenegro, 228,000 or over 60% are included in the system of remote electricity meter reading, state-owned utility Electric Power Company of Montenegro (EPCG) informed news agency Mina-Business. EPCG stated Enel delivered all the electricity meters for the modernization of electricity consumption measurement project. “In the second stage of the project, 82,000 […]
Greece only EU member from Balkans that cuts emissions in 2015
While carbon dioxide emissions from fossil fuel combustion increased by 0.7% last year in the European Union, results in countries followed by Balkan Green Energy News are mixed. Bulgaria fared the worst, fifth in the group registering an increase, according to data released by Eurostat. Slovakia led the jump with 9.5%, followed by Portugal, Hungary […]