Investors eyeing potential for floating solar, hybrid plants in Greece
German SINN Power is about to showcase the prototype of a floating solar power plant and its hybrid system utilizing wind and wave energy in Crete, while another German company, BayWa, is said to be looking at possible projects for the technology in Greece. Company BayWa AG is examining the Greek market for opportunities in […]
Geothermal cogeneration unit to be installed in Babina Greda in Croatia
Municipal authorities are using EU funds to determine the size and temperature of a well at as much as 3,800 meters underground. A study found the heating potential of at least 27 MW together with the possibility to build a power plant of 1 MW or more in Babina Greda in Croatia. The Vukovar-Srijem County […]
Delaying coal phaseout would be expensive for Bulgaria, Romania and Greece
The drop in market prices of power amid the coronavirus crisis opens the way for a less costly closure of thermal power plants that burn lignite. Postponing the coal phaseout in Balkan states would magnify expenses, according to a study released by the Southeast Europe Energy Transition Network. The COVID-19 pandemic sent market prices of […]
Low costs boost demand for renewables during coronavirus crisis
Green energy has been the most resilient to the effects of lockdowns worldwide, said Dave Turk, Acting Deputy Executive Director of the International Energy Agency. The demand for renewables is seen growing 1% this year, while the coronavirus impact may push the level in the overall energy sector as much as 6% lower, according to the […]
PPC Renewables may partner with Motor Oil, Helector in green energy
Greece’s national electricity producer PPC is leaning on its green energy firm for the transition away from conventional and dirty technology. PPC Renewables is developing geothermal, wind and solar projects and establishing ventures, where domestic companies Motor Oil Hellas and Helector emerged as next likely partners. Government-controlled Public Power Corp. SA or PPC is discussing […]
PetroSolar to install smart bus stops in Niš by end of May
Serbia’s third-largest city is introducing local bus shelters with solar-powered systems. They will have free 4G Wi-Fi, mobile chargers and LED lighting. A group led by PetroSolar already delivered the smart bus stops, which will be placed in the center of Niš. The Directorate for Construction of the City of Niš has said PetroSolar projekt […]
Abu Dhabi gets world’s record low solar power price offer
A local utility from the United Arab Emirates is starting talks with a consortium which offered to build a 1.5 GW photovoltaic plant and sell electricity for USD 13.5 per MWh. The bid by EDF and JinkoSolar broke the record set this year in Qatar. Solar power has never been cheaper at utility scale. Électricité […]
Typhoon HIL is best startup in Serbia in PowerUp! challenge
A firm founded in 2009 was acknowledged for UEGOS, a solution to prevent voltage deviations and protocol barriers between smart devices and the power grid. Typhoon HIL was chosen in the PowerUp! competition in Serbia to participate in the finals in Poland. Typhoon HIL Inc. has impressed the jury with a tool for the communication […]