Oil company OMV to build Austria’s largest PV plant
Vienna-based oil and gas company OMV and Austria’s power producer Verbund have signed memoranda of understanding (MoUs) which envisage the construction of Austria’s largest photovoltaic (PV) plant. The focus of the strategic partnership is on evaluating and implementing power generation, power storage, and Power-to-X facilities, in order to promote self-sufficiency at OMV sites, preferably with […]
Complaint submitted to EnC against North Macedonia over small hydropower plants
Environmental groups Eko-Svest and CEE Bankwatch Network have filed a complaint to the Energy Community (EnC) Secretariat over North Macedonia’s redesigned renewable energy incentives scheme which they say is unfairly favoring small hydropower plants (SHPPs). As of February, North Macedonia’s renewable energy incentives system subjects solar photovoltaic (PV) producers and most wind producers, but not […]
Protests against hydropower planned across Balkans from July 6-16
Environmental activists and civil society organizations (CSOs) from across the Balkans are organizing protests under the slogan “Our rivers – No DAMage!” in July over hydropower projects threatening to leave local populations without homes, arable lands, drinking water, and irrigation supply, or the landscape they have enjoyed for generations. The protests against hydropower plants (HPPs) […]
GGF Impact Report: 2.75 TWh of energy saved annually, CO2 emissions cut by 692,183 metric tons
By the end of 2018, the Green for Growth Fund (GGF) had financed nearly EUR 825 million in green investments, substantially reducing energy consumption and CO2 emissions. The fund’s investments are having a measurable impact on households and businesses by reducing their energy bills and CO2 emissions as well as enabling them to use resources […]
Nordex Group to supply turbines for HEP’s first wind farm
Croatia’s state-owned power utility Hrvatska Elektroprivreda (HEP Group) has placed an order with German wind turbine manufacturer Nordex Group for the supply of 18 N131/3600 turbines for the Korlat wind farm, according to a press release from the German group. Korlat is the first wind farm in HEP Group’s power plant portfolio. The Nordex Group […]
Most Read in June: Siemens Gamesa’s ETES, Montenegro goes coal-free for 10 days, EC Albania report
Even though it was published in late June, the news about Siemens Gamesa’s breakthrough electrothermal energy storage system made it to the number one spot on our English-language Top 3 Most Read list for June. The Top 3 Most Read list for June is also available for our portal’s Serbian/local language version. 1 – Siemens […]
Elsewedy agrees to buy 4 wind farms, 1 SHPP in Greece
Egypt’s Elsewedy Electric, an integrated energy and infrastructure solution provider, has announced entering into a share purchase agreement with R.F. Energy S.A. (a subsidiary of F.G Europe S.A.) to acquire 100% of the share capital of 3 wind energy and 1 hydropower companies in operation in Greece. The total consideration agreed is EUR 55 million, […]
Turkey global leader in new geothermal capacity in 2018, Croatia sixth
Turkey was the global leader in adding new geothermal capacity in 2018, with 219 MW. Croatia was sixth worldwide, with 17.5 MW. Turkey completed several geothermal power projects in 2018, raising its installed capacity by 21% or 219 MW, to 1.3 GW, according to a report by think tank Renewable Energy Policy Network for the […]