69 MW Košava 1 wind farm put into operation in Serbia

MK-Fintel Wind, a joint venture of Italy’s Fintel Energia Spa and Serbia’s MK Group, owned by businessman Miodrag Kostić, has put into operation the 69 MW Košava 1 wind farm near Vršac, Serbia today. The construction of the Košava 1 wind farm with 20 turbines delivered by Denmark-based Vestas, soaked an investment of EUR 118 […]

Electricity September 24, 2019

Greece to start shutting down coal power plants

A business plan being drafted by the management of majority state-owned Public Power Corporation (PPC) includes a “sweeping divestment” of its coal power plants in Greece, Ekathimerini writes. The plan to start shutting down PPC’s coal-fired power plants, which is expected to be ready by mid-November, is meant to be factored into the structural changes […]

Electricity September 20, 2019

ELES, GEN-I to pursue green transformation through smart grids

Slovenian power transmission system operator (TSO) ELES and electricity trader GEN-I have signed an agreement to form a consortium that will seek to accelerate the Slovenian energy sector’s green transformation through smart grids, according to a press release from GEN-I, part of GEN Group. The agreement to pursue green energy transformation through smart grids was […]

Electricity September 18, 2019

Energy Vault – energy storage made of concrete blocks and cranes

Concrete blocks and cranes that is all that you need to store electricity. How? Simple. The crane uses excess energy from renewables to lift concrete blocks, and when the power is required, the crane lifts blocks, and the generator produces it. The process is similar to a pumped-storage hydropower plant (HPP), with water substituted with […]

Electricity September 12, 2019