Upfront investment necessary for geothermal projects
Among developing countries, only Turkey and Kenya exceeded forecasts for geothermal deployment over the last five years, by 280 MW, while elsewhere over 3 GW of power has been left in the ground, Climate Policy Initiative (CPI) published in its report. Geothermal has the potential to play a big role in a low-carbon energy transition […]
Two public charging stations installed in Osijek
State-owned HEP Group introduced chargers for electric vehicles in the city of Osijek in eastern Croatia. The investment is worth HRK 110,000 (EUR 14,570). ELEN brand stations installed in two locations were the result of a cooperation agreement between the utility and the municipal authority. Two cars can simultaneously charge batteries at each station, and […]
Subsidies hike encourages purchases of electric cars
Buyers of electric cars will receive RON 20,000 (EUR 4,500) vouchers and buyers of hybrids will benefit from a EUR 1,130 discount, after the Romanian government’s emergency ordinance which applies for both private and legal persons. Owners of electric vehicles were entitled to a deduction of EUR 2,700 until now. Government sources told Energynomics.ro portal […]
Grants for sustainability and renewables at farms
Provincial Secretariat for Energy and Mineral Resources of Vojvodina closed three calls for applications for grants to co-finance projects of farms in the region. Programmes cover energy sustainability, particularly for dairy cow farming and goat and sheep farms, with utilization of solar thermal power for warm water and heat recuperation systems, the institution’s website said. […]
Wind project halted in Aegean village after protests
A local court has ruled to halt the construction of a wind power plant in Ovacık village, which lies within the Urla district of the Aegean province of Izmir, after villagers protested against the felling of trees in a forest, Hürriyet Daily News reported. Recently, the court had stopped the execution temporarily after the court […]
Biggest wind investors post EUR 450 million losses
Ten largest companies in Romania’s wind energy sector posted cumulated losses of almost EUR 450 million last year. By comparison, they recorded total profits of EUR 112 million in 2014, Ziarul Financiar said. Between 2009 and 2013, installed capacity of wind energy power plants increased from 14 MW to 3 GW, following investments of about […]
Double-digit growth for vehicles on biofuel
Total alternative fuel vehicle registrations in the EU increased 17.4% to 143,595 in the second quarter, a report by European Automobile Manufacturers Association showed. Of these, electric vehicle registrations significantly grew, by 53% year on year to 27,575 units. Demand for new hybrid vehicles also increased, by 22.6%, totalling 53,443 units. Meanwhile, 62,577 new passenger […]
E.ON gets EUR 2 million in damages from government
After a legal dispute at the arbitration court in Paris against E.ON, Romanian state lost the case because of claims being overdue and is obliged to pay the German energy group EUR 2 million in compensation. The government had accused E.ON of not having made the investments promised in the privatization contract of the former […]