CROPEX sells 263,889 guarantees of origin in first auction

Croatian power exchange CROPEX has held its first auction of guarantees of origin (GO) through the IT auction trading platform, selling 263,889 GOs, CROPEX said in a press release. “The first guarantees of origin auction for electricity from incentivized producers (Q1/2019) was successfully held by CROPEX, selling a total of 263,889 GOs at a price […]

Renewables August 30, 2019

Končar KET to refurbish HPP Vacha in Bulgaria

A consortium comprising Croatia’s Končar KET and Czech ČKD Blansko Holding has signed a contract to refurbish the 14 MW hydropower plant (HPP) Vacha-1, the accompanying 110 kV switchyard, and other auxiliary systems at the HPP, in cooperation with the Bulgarian state power utility Natsionalna Elektricheska Kompania (NEK EAD), Končar KET has said in a […]

North Macedonia’s ESM gets KfW’s donation for Bogdanci wind farm expansion

German development bank KfW has allocated MKD 10 million (about EUR 162,500) to North Macedonia’s state-owned electricity producer Elektrani na Severna Makedonija (ESM – formerly ELEM) for updating an environmental impact assessment study and securing other consulting services for an expansion of the Bogdanci wind farm. The second phase of the Bogdanci project envisages an […]

EBRD requires proper environmental impact assessment for projects it finances

The European Bank for Reconstruction and Development (EBRD) applies tight environmental and social standards to projects it finances and encourages partners to do the same. However, its leverage is limited to the projects it finances. Dariusz Prasek, Director of Operations, Environment and Sustainability Department, EBRD discusses these and other issues pertaining to the EBRD’s new […]