Funding for Bogdanci wind farm’s second phase secured
In two years, the Bogdanci wind farm, the first Macedonian wind power plant online since 2015, should have a total installed capacity of 50 MW, as the second phase will add 6 more wind turbines with a combined capacity of 13.8 MW. The Bogdanci wind farm now has 16 wind turbines each with 2.3 MW, […]
Sustainability in focus of Montenegrin energy development in 2019
The beginning of the operation of the Montenegro-Italy submarine power cable in mid-2019, doubled wind power generation, and the start of solar power plants’ production, as well as a complete transition of aluminum plant KAP from heating oil to natural gas, will mark developments in the energy sector in 2019, according to the Energy Plan for 2019 […]
EIB supports Rimac Automobili with EUR 30 million loan
The European Investment Bank (EIB) and Croatia’s Rimac Automobili have signed a EUR 30 million loan for investment in research and development of electric vehicles (EVs) and related components, the EIB said in a press release. According to the EIB, the financing will allow the innovative car company to further develop its electric driving technologies. […]
Serbia to launch wind, solar auctions in H2 2019
Serbia will hold its first auctions for the construction of wind farms and solar power plants in 2019, Miloš Banjac, assistant energy minister in charge of renewable energy sources and energy efficiency, said at a conference exploring options to increase the renewables share in Serbia’s energy mix and relevant challenges and recommendations. The conference was […]
Participants of Belgrade Ministerial Conference – Reducing pollution in Southeast and South Europe is a national, regional and global challenge
A two-day Ministerial Conference Innovative Solutions to Pollution in South East and Southern Europe has been organized by the United Nations Environment Programme (UNEP) and the Serbian Ministry of Environmental Protection in Belgrade, gathering ministers and high environmental representatives of countries from the region to discuss measures to reduce pollution and adopt Joint Regional Vision on Innovative Solutions […]
EU clears MET Renewables’ entry into NIS Energowind ownership
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control over Belgrade-based NIS Energowind, the developer of the Plandište wind farm, by MET Renewables, part of Swiss energy company MET Group, and O Zone, part of Russia’s Gazprom group, the commission said in a press release. NIS Energowind, founded in Serbia […]
Carbon Tracker: 42% of global coal-fired power plants unprofitable
Around 42% of global coal capacity is already unprofitable because of high fuel costs, while it costs more to run 35% of coal power plants than to build new renewable generation facilities, finds Carbon Tracker’s study of the profitability of 6,685 coal-fired power plants worldwide, representing 95% (1,900 GW) of all operating capacity and 90% […]
Tendering launched for concession to build 49.5 MW Grebak wind farm
The Ministry of Industry, Energy and Mining of the Republic of Srpska has announced a public invitation to award a concession to build and operate the Grebak wind farm in Nevesinje, with an estimated capacity of 49.5 MW and an annual output of 130 GWh of electricity. The plant will not receive state subsidies for renewable energy […]