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state energy company Holding Slovenske Elektrarne (HSE) has shut down another environmentally and technologically outdated unit of the country’s largest coal-fired energy facility, the Šoštanj thermal power plant (TPP).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 […]
Parliamentary Assembly of BiH adopts recommendations for energy sector reform
The House of Representatives of the Parliamentary Assembly of Bosnia and Herzegovina has adopted recommendations for the energy sector reform, proposed by MPs Momčilo Novaković, Hanka Vajzović, Saša Magazinović, Predrag Kožul, Mirsad Isaković, Lazar Prodanović and Jasmin Emrić. Once entity governments consent, the Ministry of Foreign Trade and Economic Relations of BiH is to propose an […]
Croatia to switch to premiums as feed-in tariff model “reaches end” – minister
Croatia will switch to premiums to co-finance renewable energy projects, said Minister of Environmental Protection and Energy Tomislav Ćorić. The feed-in tariff model “has reached its end” in Croatia and the state will no longer use it to subsidize electricity production from renewable energy sources, but will rather switch to premiums, Ćorić said in an […]
Greece awards 277.32 MW of capacity in 1st regular competitive auctions, EDP wins largest wind project
Greece’s energy regulator, RAE, auctioned off a total of 277.32 MW in wind and solar photovoltaic (PV) capacities in its first regular competitive auctions, held on July 2, obtaining prices lower than in the December 2016 pilot tender. A total of 53.48 MW was awarded for 83 small PV projects, with a capacity of over […]
Postal operator Pošta Slovenije forges e-mobility partnership with energy trader GEN-I, seeks to fully electrify fleet
Slovenian state postal company Pošta Slovenije has signed an agreement on business cooperation in the field of e-mobility and green next-generation delivery solutions with energy trader GEN-I, with the aim of fully electrifying its fleet, according to a news release from Pošta Slovenije. The e-mobility partnership will enable people and businesses to deliver packages in […]