EU wind power growth must double to match Green Deal terms: report
Turkey was first in the region last year in new and cumulative capacity, the size of successful tenders and new asset financing. EU saw the share of wind power as primary source jump to 15% in 2019. Data obtained by WindEurope showed the installed wind power capacity in the continent reached 205 GW last year, […]
VW to test autonomous, electric cars in Thasos as it mulls investment
Volkswagen is working on a study in cooperation with the government in Athens. The first update is expected by April. VW could decide to invest after trying out autonomous driving and other innovative solutions. Germany’s automotive giant aspires to develop a smart island system in the north Aegean. Greece’s government has teamed up with Volkswagen […]
EPBiH gets concession for Vlašić wind power project
There are several wind farms planned for the plateau of Vlašić and Galica. Meanwhile, the company is about to begin building the Podveležje facility and the Trusina concession process is being restarted in the Republic of Srpska. Six contracts have been signed for a wind energy system on Vlašić mountain in Bosnia and Herzegovina. The […]
Hellenic Petroleum acquires juwi’s 204 MW solar power plant project
The fossil fuel giant in transition counts on domestic added value of 40% and hints at the possibility to add electricity storage or other innovative solutions. Hellenic Petroleum leaves German partners in charge of construction in Kozani. The facility would be the biggest of its kind now in Southeastern Europe. Greece’s dominant fuel and petrochemicals […]
Cyprus passes EUR 60.2 million guarantee for concentrated solar power project
Solastor from Australia devised the solution. Alfa Mediterranean is waiting for a loan from the European Investment Bank to start building the concentrated solar power system. It is backed by an EU program. The minority government of Cyprus has succeeded in its fourth attempt to squeeze a European NER300 funding project through parliament, with the […]
Sarajevo to track builders’ impact on air quality; kindergartens get purifiers
Preschoolers in Bosnia and Herzegovina’s capital will breathe more easily after the procurement in which UNDP assisted local authorities. The cantonal government also prepared a methodology and dispersion model for air pollution sources and the effect of structures planned for construction. A severe deterioration in air quality in the past months prompted public outcry and […]
Borusan EnBW gets loan from EBRD, ICBC to add 72 MW to wind farm
The new project in northwest Turkey costs USD 101 million. Borusan EnBW must adapt the existing 28 MW wind park’s operations to protect birds and bats. A part of the USD 74 million credit package will be used to reprogram a leasing arrangement. The Kıyıköy power plant is growing to 100 MW. The European Bank […]
GGF approves EUR 10 million for BKT Kosovo’s* green lending portfolio
Clients are getting access to home renovation loans and firms will be able to upgrade production processes and energy or service supply systems. GGF provides packages for green lending to its local partners. More opportunities for efficiency in energy and resource use in Kosovo* are about to be opened, according to the Green for Growth […]