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 […]
Extending feed-in tariffs risks turning public opinion against renewable energy
Author: Pippa Gallop, Research Coordinator, CEE Bankwatch Network One of the main factors driving the controversial small hydropower boom in the Western Balkans is the availability of feed-in tariffs, providing investors with a near-certain income for several years. The aim of this policy has been to incentivise the development of renewable energy, however most of […]
Vestas wins 106 MW order for Greece, customer not disclosed
Vestas has won a 106 MW order for several sites in Greece, the Danish manufacturer of wind turbines has said in a press release, without disclosing the customer and projects per the customer’s request. More specifically, the order includes the supply and installation of 14 V136-4.2 MW, five V136-3.6 MW and eight V117-3.6 MW turbines, […]
EEX, IBEX to launch Bulgarian power futures
Germany’s European Energy Exchange (EEX) and the Independent Bulgarian Energy Exchange (IBEX) have signed an agreement on cooperation in the Bulgarian power market. As part of the cooperation and subject to the approval of the relevant authorities, EEX will list Euro-denominated and financially settled Base Week, Month, Quarter and Year Futures for the Bulgarian market, […]
KESH files request to build floating solar power plant
Albania’s state-owned power utility KESH has submitted a request to the Ministry of Infrastructure and Energy to build a floating solar power plant with a capacity of 12.9 MW on the Vau i Dejes reservoir, the Albanian media reported. KESH’s detailed application to build the floating photovoltaic (PV) power plant can be accessed on the […]
HEP says to invest EUR 135 million in renewables on average annually to lift share to 50% by 2030
Croatia’s state power utility Hrvatska Elektroprivreda (HEP) plans to invest HRK 1 billion (around EUR 135 million) in renewable energy sources on average annually, in what will enable it to increase the renewables share from 35% to 50% by 2030, according to a news release from HEP. HEP plans to achieve the target through the […]
EBRD now offering “mega” Green Innovation Vouchers of up to EUR 50,000
The European Bank for Reconstruction and Development (EBRD) has moved into a new phase of the Green Innovation Vouchers scheme in Serbia to target projects with larger resource-efficiency impact, increasing the value of the vouchers to up to EUR 50,000, according to a news release from the EBRD. A new call for applications for “mega” […]
Regulatory framework, electricity price highlighted as impediments to greening region’s energy mix
The Western Balkans, and Serbia in particular, should continue implementing regulations to help green the energy mix and fight climate change, according to panelists at the 11th Balkan Energy Finance Forum. They also raised the issues of how the low regulated electricity price is affecting investments in the energy sector overall and how third countries […]