KESH adopts climate risk management plan
Albania’s state-owned power utility KESH, whose production is almost entirely dependent on hydropower plants (HPP), has adopted its first climate risk management plan, a strategic approach to address the challenges posed by rising temperatures and increasing hydrological variability. KESH operates a 1,350 MW hydropower cascade on the Drin River. It is facing challenges due to […]
HEP receives 6 offers for Orlec Trinket solar power plant
Two Chinese companies – Dongfang Electric International Corporation and Chinapower Sepco1 – are among 6 companies that expressed interest to build the 6.5 MW Orlec Trinket solar power plant on the Cres island, in what would be the largest solar power plant in Croatia, local media reported. According to the Chinese Southeast European Business Association (CSEBA), […]
Tendering for concession to build Ljubinje solar park flops
The Ministry of Industry, Energy, and Mining of Republika Srpska has repealed a decision to award a concession for the construction and operation of the Ljubinje solar photovoltaic (PV) power station after the tendering announcement, published in the summer of 2018, attracted no bids. A 50-year concession had been envisaged for the project worth BAM […]
Montenegro to start phasing out feed-in tariffs for renewables in 2020
The Government of Montenegro has decided to start gradually reducing feed-in tariffs for renewable energy sources as of January 1, 2020, and announced it will continue to promote the construction of wind farms, solar power plants, and large hydropower plants without guaranteed incentive prices, Montenegrin media reported. The government has adopted regulations that will put […]
ProCredit Bank is first buyer of green energy with guarantees of origin in Serbia
Serbia’s public power utility Elektroprivreda Srbije (EPS) and ProCredit Bank have signed the country’s first contract for the sale of renewable energy with guarantees of origin. The two companies have signed an annex to the contract to issue a certified guarantee to the bank that EPS will deliver only electricity generated in hydropower plants (HPP), […]
How world’s favorite toy maker achieved its 100% renewable energy target
As Lego’s products hide in gift wrapping under Christmas trees around the world, it is worth recalling that the Danish toy company has achieved its 100% renewable energy target, three years ahead of schedule. Lego has achieved its renewable energy target, which means it balances 100% of its energy use with energy from renewable sources. […]
Velika Ciglena geothermal power plant starts operation
The Velika Ciglena geothermal power plant, the first in Croatia and the largest Organic Rankine Cycle (ORC) system in Europe, with a capacity of 17.5 MW, has started operation. The investor is Turkish construction company MB Holding. MB Holding received a permit to build the geothermal power plant in 2015, under an investment estimated at […]
Norway’s Statkraft seeks to build floating solar power plant in Albania
Norway’s state-owned Statkraft, the world’s largest hydropower company and Europe’s largest generator of renewable energy, has filed a request to build a floating solar power plant in Albania, according to reports citing Albania’s energy ministry. Statkraft, which produces hydropower, wind power, solar power, gas-fired power, and supplies district heating, has been operating its first hydropower […]
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