Sincro.Grid project starts works on 5 MW battery storage facility
A 5 MW battery storage facility and the new power capacitor in Slovenia are part of the smart grids solutions within the Sincro.Grid project with Croatia. Sincro.Grid said construction works have started in Pekre near Maribor on the installation of a battery system with a capacity of 5 MW and storage time of five hours, […]
EUR 29mn subsidies quota for households’ energy renovation booked in two hours
Croatia’s Environmental Protection and Energy Efficiency Fund stopped receiving applications for the current co-financing scheme for energy renewal of family houses as it immediately fulfilled the quota for the program’s EUR 29 million. The Croatian Environmental Protection and Energy Efficiency Fund (FZOEU) said it received 7,386 applications for its co-financing program for energy renovation of […]
Prices of photovoltaic panels jump as much as 25% in Greece
Global demand, industrial accidents, environmental disasters, exchange rates and the impact of the coronavirus pandemic could all be contributing to a rapid rise in the cost of solar power panels in Greece since the beginning of July. Industry sources reported price hikes of up to 25%. Investors in solar power in Greece are concerned because […]
PPC Renewables, RWE targeting 2 GW solar deal for Greece by year-end
PPC Renewables and German RWE are working on a formal business agreement on joint development of photovoltaic systems in lignite mining areas in Greece while coal facilities are being shut down. The two companies are reportedly eyeing a deal through December. Representatives of Germany’s RWE completed a three-day working visit to Greece, where they visited […]
Green development in focus of new North Macedonia government
North Macedonia set six main tasks for the next four years including environmental protection and sustainable development. The cabinet of Prime Minister Zoran Zaev promised to improve air quality, prosecute those who pollute and endanger health and to invest in mobility, renewables and energy efficiency. Prime Minister Zoran Zaev and his new cabinet said environmental […]
Outrage in Skopje over destruction of river for small hydropower plant
Locals are complaining about damage to the landscape amid works on the first of the three planned small hydroelectric units in Skopje territory. Eko-svest demands the construction on the Markova reka to be halted and all such projects to be suspended until a review of concessions is conducted. Eko-svest condemned the destruction of the upper […]
Electrica pays EUR 1.62 million for 7.5 MW Stănești solar park
Electrica paid just EUR 1.62 million for the Stănești photovoltaic unit to Raylexo Limited and Long Bridge Management si Administrare, but it also took on EUR 3.82 million in existing loans. Electrica said it completed the acquisition of the Stănești solar park in the south of Romania. The power distributor and supplier bought the unit for […]
Montenegro awards deal to EPCG for hydropower plant Komarnica
State-owned power producer Elektroprivreda Crne Gore got the right to build Montenegro’s first hydroelectric station in four decades and run it for up to 60 years. Hydropower plant Komarnica will cost EUR 260 million to EUR 290 million, more than in the previous official estimate. Minister of Economy of Montenegro Dragica Sekulić handed the concession […]