EIB approves loan for CHP plant in Sofia

The board of the European Investment Bank (EIB) has approved a EUR 45 million (USD 53 million) loan to the municipality of Sofia for the construction of a combined heat and electric power (CHP) plant. Once built, the plant will operate as part of the Bulgarian capital’s central heating network, local media reported, quoting an EIB […]

Mirova acquires majority stake in two Croatian wind farms

Renewable energy fund Mirova-Eurofideme 3 has bought 46% stake in RP Global’s 43.7 MW Danilo and 34.2 MW Rudine wind farms in Croatia. Having acquired 49% in July 2016, Mirova now owns 95% of the two wind farms on the Adriatic coast. Mirova-Eurofideme 3 is managed by Mirova, an affiliate of Natixis Global Asset Management […]

Electricity October 21, 2017

First Greek “smart” battery for households in February 2018

An attractively designed working model of the first Greek-designed lithium ion “smart” battery for households will be ready for domestic consumers in February, 2018, Vasilis Nikolopoulos, the co-founder and CEO of Greek firm Intelen Inc has told the Athens-Macedonian News Agency (ANA) radio station ‘Praktorio 104.9 FM’. Greek media report that in his interview to […]

Electricity October 20, 2017

Belgium company Elicio completes Malibunar wind farm

Belgian utility’s project is prelude for nearby power generation facility of 21 Senvion units. Wind turbines of 8 MW in total capacity, or 2 MW each, were presented in the area of the town of Alibunar, less 60 kilometres northeast of Serbia’s capital Belgrade. Elicio NV’s Malibunar project is located near a site where the […]

Electricity October 18, 2017

EPS completes Đerdap 1 unit revitalization, ups capacity by 60 MW

The overhaul of four units of hydroelectric power plant Đerdap 1 has increased the plant’s installed capacity by 60 MW, which will result in its electricity generation increasing by 90 million kWh, or 2% of last year’s production. Having completed the revitalization of hydro generators A4, A5 and A6, state-owned power company Elektroprivreda Srbije (EPS) […]

Electricity October 18, 2017