Enel inaugurates Kafireas wind farm complex, largest in Greece
Enel Green Power Hellas S.A. (EGPH), a subsidiary of Italian energy company Enel, has connected to the grid its new, 154 MW Kafireas wind farm complex, which is the largest of its kind in the country. According to the company’s website, located in the municipality of Karystos (Evia), Kafireas involved an overall investment of around […]
Terna Energy Finance to launch green bond offer on October 16
Terna Energy Finance, a member of Terna Energy Group, will launch a public offer of a EUR 150 million seven-year bond on October 16. Greece’s first green bond offer will be deemed successful if at least EUR 120 million worth of securities are subscribed. The public offer of the green bond, certified by the Climate […]
Croatia’s HEP, Ukraine’s DTEK sign MoU, first step electricity supply from Hungary
Croatian power utility Hrvatska Elektroprivreda (HEP) and Ukrainian energy holding company DTEK have signed a memorandum of understanding and business cooperation. The memorandum was signed by DTEK’s Chief Executive Officer, Maxim Timchenko, and the President of HEP’s Management Board, Frane Barbarić, in the presence of the Prime Minister of the Croatian government, Andrej Plenković, and […]
158 MW Čibuk 1, Serbia’s largest wind farm, officially starts operations
Serbia’s largest wind farm, the 57-turbine Čibuk 1, has officially started operations today following a EUR 300 million investment. The wind farm with a maximum capacity of 158 MW generates power to supply 113,000 households and will displace 370,000 tonnes of CO2 emissions per year. Čibuk 1 is one of the wind farms whose output […]
FBiH to introduce renewable energy auctions in 2021
The Federation of Bosnia and Herzegovina (FBiH), an entity of BiH, plans to introduce renewables auctions in 2021, while the pace of the renewables development will depend on the binding target that Bosnia and Herzegovina will receive for the 2020-2030 period, currently subject to negotiations with the Energy Community, Halko Balavac, assistant energy minister at […]
Croatia’s power utility HEP starts building 58 MW Korlat wind farm
Croatia’s power utility Hrvatska Elektroprivreda (HEP) has started building the Korlat wind farm near Benkovac. HEP’s first wind farm will have an installed capacity of 58 MW, which is more than the capacity of the currently biggest operational wind farm in Croatia. The Korlat wind farm is expected to produce around 170 GWh of electricity […]
Hidroelectrica files non-binding letter of intent to buy CEZ assets in Romania
Romania’s Hidroelectrica, the country’s largest power producer 80%-controlled by the state, has submitted a non-binding letter of intent to buy the assets of Czech energy company CEZ in Romania, Hidroelectrica CEO Bogdan Badea has confirmed, Romania Insider reported, citing Economica.net. The assets have attracted strong interest, CEZ spokesperson Ladislav Kriz said, according to Profit.ro. CEZ […]
Investor pulls out of SHPP project after clashes on Mt. Stara Planina
Residents of the village of Topli Do on Mt. Stara Planina in Serbia clashed yesterday morning with security and workers accompanying investor Dragan Josić in an attempt to start the construction of a small hydropower plant (SHPP). The outcome was the investor’s announcement he was pulling out of the project, as well as that he […]