Two banks secure funds for renewables from EBRD
European Bank for Reconstruction and Development said on July 15 it secured financing for Garanti Bank AŞ and Yapı ve Kredi Bankası AŞ of USD 180 million (EUR 165 million). The funds will finance mid-sized renewable energy projects implemented by private sector companies, each ranging between EUR 10 million and EUR 40 million, the report […]
Local government withdraws MHPP concession go-ahead
City council of Bihać cancelled its approval for granting concessions for mini hydropower plants on Una river at locations of Martin Brod and Dobrenica in Bosnia and Herzegovina’s west. Under public pressure on the local level, but also a national one, mayor Emdžad Galijašević initiated the council session just a week after the approval was […]
Italy gives EUR 16.5 million for electricity system
Ministry of Energy and Industry and the Italian government signed a memorandum of cooperation for EUR 16.5 million, as part of projects from previous financial programs supported by Italy in the energy sector. The agreement was signed by the minister of energy and industry Damian Gjiknuri and the Italian ambassador to Albania Massimo Gaiani, Albanian […]
Support scheme costs EUR 2.03 billion through 2028
If not a single power plant that utilizes renewable energy sources is built anymore, Slovenia’s expenses for subsidies from 2009 to 2028 would amount to EUR 2.03 billion, according to government data, Finance newspaper’s author Jurij Šimac said. Last year the solar power facilities, little over 3,000 of them, generated 244 GWh or 27% of […]
Pilot initiative joins European Green Capital award
The call for applications for the 2016 European Green Leaf (EGL) and for the 2018 European Green Capital (EGC) Award, initiatives by the European Commission, will run until October 19. EGL is open to all towns and cities across Europe with 20,000 – 100,000 inhabitants, while EGC is for cities with a population of more […]
Photon Energy subsidiary expands to Romania
Solar power solutions and services company Photon Energy said its subsidiary Photon Energy Operations expanded to Romania, SeeNews reported. The company takes over the full monitoring, operations and maintenance of three power plants with a capacity of 11 MW based in Oradea, in the northwestern part of Romania, according to a statement filed with the […]
German engineering firm eyes new HPP projects
Voith Hydro is interested to participate in the construction of hydropower facilities in Montenegro. The company’s regional sales manager Predrag Krunić underscored that the country has significant energy potential in the rivers and streams of Morača, Komarnica, Lim, Ćehotina and Tara, while only 17% is utilized. The engineering enterprise from Heidenheim, Germany, participated in project […]
Edison SpA interested in renewable energy sources
After the meeting with energy minister of the Republic of Srpska Petar Đokić in the entity’s capital city Banja Luka, Irene Salerno from Italy’s Edison SpA said the company is interested in investing in green energy projects with a capacity of over 20 MW. The Edison’s regional manager added the enterprise is interested in starting […]