EU TSOs measures kick off amid fresh frequency deviations in CE power system
A new compensation programme, put in place by the Continental European TSOs, automatically kicked off on July 7 when the grid time deviation exceeded 60 seconds, ENTSO-E said in a statement, adding that the cause for the frequency deviations – a political dispute between the Serb and Kosovar authorities on electricity – has not been […]
Bids sought for three small hydropower plants
The Ministry of Industry, Energy, and Mining of Republika Srpska has launched tenders for concessions to build and operate three small hydropower plants. One invitation refers to two small hydropower plants (HPP) on the Bjelava river that would have a total installed capacity of 2.523 MW and an annual output of 10.19 GWh of electricity. […]
Returns on green investments are down, but so are costs
On the sidelines of the Green for Growth Fund’s (GGF) recently held Sustainable Future Forum and the grand finale of the clim@ pitching competition for startups, Christopher Knowles, who at the time served as chairman of the GGF, spoke to Balkan Green Energy News about the impact of innovative solutions, return on green investments, and […]
China’s Belt and Road in Balkan coal dead end & why the EU should care
Author: Igor Kalaba, Energy Policy Coordinator for South East Europe, CAN Europe Governments in the Western Balkans have developed a liking for taking out Chinese loans to buy new Chinese coal plants in order to burn Balkan coal. These loans are presented to the public as investments although both China and Balkan governments know that […]
HSE shuts down another obsolete unit of coal-fired Šoštanj power plant
Slovenian state energy company Holding Slovenske Elektrarne (HSE) has shut down another environmentally and technologically outdated unit of the country’s largest coal-fired energy facility, the Šoštanj thermal power plant (TPP). The most recently closed unit of TPP Šoštanj, the 275 MW Unit 4, reached the end of its life after 46 years of operation, according […]
Turkey sets October 23 as bidding deadline for world’s largest offshore wind farm
The deadline to bid for Turkey’s first and the world’s largest offshore wind farm has been set at October 23. The 1.2 GW offshore wind farm will need to be built using equipment sourced at least 60% in Turkey, while no less than 80% of engineers to be employed on the project are to be […]
GEN-I secures EUR 20 million via bond issued on Ljubljana Stock Exchange
Electricity and gas trading group GEN-I has announced that it has successfully completed the simultaneous issue of a bond and a commercial paper. The issue of the bond has secured the company EUR 20 million, Nova Ljubljanska Banka (NLB) said on its website. GEN-I issued a 45-month bond with an annual interest rate of 2.4% […]
China Energy gains renewable foothold in Greece, eyes Balkan expansion
China Energy Investment Corporation, one of the world’s largest power companies, has signed a cooperation agreement with Greece’s Copelouzos Group for renewable energy and conventional electricity. Under the agreement, China Energy will enter into the equity of a significant pipeline of wind farms built by Copelouzos Group, one of the biggest investment groups in Greece […]