Exergy to supply first-ever Made-in-Turkey generator for 10 MWe geothermal power plant
Exergy, a subsidiary of Italy’s Maccaferri Industrial Group, has attained the Turkish Certification for local manufacturing of generators thanks to collaboration with Nidec ASI, a multinational specialized in heavy duty industrial applications, according to a press release from Exergy, the producer of the Organic Rankine Cycle (ORC) systems for electricity production from renewable energy sources and waste heat […]
CGES, KfW sign EUR 20 million loan agreement for Luštica transmission project
Montenegrin transmission system operator (TSO) Crnogorski Elektroprenosni Sistem (CGES) and German development bank KfW have signed a EUR 20 million loan agreement for the Montenegrin Coast: Lustica Region Development. The guarantee for the loan will be secured by the Government of Montenegro, and the collateral for the guarantee will be provided by CGES, in the […]
Energy Community report calls on Member States to finish reforms in order to succeed in clean energy transition
The Energy Community (EnC) Secretariat’s Annual Implementation Report concludes that the average implementation score of the Contracting Parties is at around 43%, and underlines the need of finishing this first transition, from foreclosed energy sectors to regionally integrated markets, in order to be successful in the second, green energy transition, which is currently transforming the […]
Slovenian blockchain-based energy trading platform SunContract to expand to Italy
Slovenian blockchain-powered energy trading platform SunContract has recently entered into a strategic partnership with Italian energy company Tecnoapp. Under a cooperation agreement signed by SunContract and Tecnoapp, the parties are to work on the market expansion of SunContract Energy Marketplace and decentralization of the energy market in Italy. SunContract is an energy trading platform that directly […]
Association urges Romania to tap into onshore wind rather than invest in conventional power
Romania should harness onshore wind to meet growing demand for electricity instead of investing in conventional power, WindEurope CEO Giles Dickson told the annual meeting of the Romanian Wind Energy Association in Bucharest today, according to a news release from the Brussels-based association promoting wind power in Europe. Wind energy provided 12.2% of Romania’s electricity […]
HEP Group to invest EUR 780 million in power networks by 2021
Croatian power utility Hrvatska Elektroprivreda (HEP Group) will invest HRK 4 billion (EUR 537 million) in the distribution network and more than HRK 1.8 billion (EUR 241 million) in the transmission network from 2018 to 2021, which will ensure the security of supply for the existing and future consumers in Croatia. Members of the Croatian […]
Fresh tendering planned for development of renewable energy sources – PM
Montenegrin Prime Minister Duško Marković has announced fresh tendering procedures for the leasing of state land intended for the construction of power plants using renewable energy sources, as well as the signing of an agreement for a solar power plant at the location of Briska Gora in the Ulcinj municipality by the end of the […]
Hidroelectrica, Verbund sign memorandum of cooperation
The largest electricity producers in Romania and Austria, Hidroelectrica and Verbund, have signed a memorandum of cooperation, Hidroelectrica said on its website. In the memorandum, the parties express their intention to jointly develop projects and implement design, construction, and equipment solutions based on the most modern technologies in the energy sector, according to the press release. […]