PPC’s subsidiary firm granted trading license
Greece’s main electricity utility Public Power Company (PPC) said its subsidiary firm established in Bulgaria has been granted a trading license by the neighbouring country’s regulatory authority for energy. The subsidiary, which PPC controls with an 85% stake, was founded by the Greek electricity corporation as part of its wider strategy to enter markets in […]
Hunedoara hydro project set to be launched in December
Hidroelectrica, the largest electricity producer in Romania, announced the opening of its hydroelectric power plant in Hunedoara for December. The facility is on the Strei river in Transylvania and is presently 62% complete, portal Business-review.eu reported. The EUR 58 million investment is for 12 MW of installed power capacity. Overall, the still insolvent state-owned company […]
Nation’s biggest hybrid power plant activated in Izmir
Gediz University launched the largest combined solar and wind power system in Turkey. The hybrid electric generator was built on Seyrek Campus in Izmir. The 500 kW facility is located in the 3,000 square meter student car park area. It can meet the electricity demand of around 100 houses, Daily Sabah reported. The project costs […]
Audit reveals lag behind national biofuel targets
National Audit Office has cautioned in a report that the country is failing to meet biofuel production and use targets, Sofia news agency Novinite said. According to an audit of the implementation of the European Union targets from 2008 to 2012, Bulgaria is delaying the adoption of obligatory sustainability criteria for biofuels. Also, consumption of […]
Hydropower plant Đerdap 1 entering revitalization
The fourth stage of the units overhaul of the 1,026 MW hydro facility Đerdap 1 in eastern Serbia, owned and operated by Electric Power Industry of Serbia EPS, will start on August 3, the plant’s head Ljubiša Jokić said. After A-5 unit was revitalized in late March, the plan was to stop A-1, which has been […]
Sustainable Energy Initiative mainstreams renewables
Under the framework of its Sustainable Energy Initiative, the European Bank for Reconstruction and Development funded renewable energy generation with about EUR 4 billion between 2006 and the end of 2014, says Nandita Parshad, EBRD Director, Power and Energy Utilities. In an interview with Balkan Green Energy News, she underscored the challenges coming from changing […]
Watchdog pre-licences largest biomass facility
Turkish Energy Market Regulatory Authority (EMRA) gave the preliminary go-ahead for the construction of the country’s biggest biomass-fuelled power plant, Enerji Enstitüsü reported. Agricultural producer Mutlular Group’s subsidiary plans to install 30 MW of capacity by the end of next year in Balıkesir in Turkey’s midwest. Paddy stems from rice fields will be the main […]
USTDA strengthens support for geothermal energy
United States Trade and Development Agency (USTDA) awarded a grant to Turcas BM Kuyucak Jeotermal Elektrik Üretim AŞ (TBK), a Turkish joint venture owned primarily by BM Holding and Turcas Energy Holding. The grant funds a feasibility study that will evaluate the technical and financial specifications for a geothermal energy project with a capacity of […]