Akfen secures USD 363 million in lending for USD 530 million renewables project
Akfen Renewable Energy, the renewables arm of Turkey’s Akfen Holding, has secured a total of USD 363 million in lending from six banks for its USD 530 million project to build four new wind farms and nine solar photovoltaic (PV) plants with a combined capacity of 327 MW. Akfen Renewable Energy is providing USD 167 […]
Low-carbon development in Bosnia and Herzegovina – an opportunity for economic development
Author: Nejra Spahić, mechanical engineer, Expert Associate, Energy Projects, the Regional Education and Information Centre for Sustainable Development in South-East Europe (REIC) Changes in the energy sector brought about by the start of market liberalization in the 1990s and the setting of the European Commission’s ambitious targets for cuts in greenhouse gas (GHG) emissions in […]
Kosovo* to transfer 100-120 MW in licenses from hydropower to solar, wind projects – minister
Kosovo’s* Ministry of Economic Development aims to transfer the quota of 100-120 MW for hydropower projects to solar and wind power projects, Economic Development Minister Valdrin Lluka said at the opening of the Green Festival in Prishtina. The Green Festival, held for a third year in a row, promotes green businesses and raises awareness and […]
Fifth International Fair and Conference RENEXPO BiH to be held on October 24-25 in Sarajevo
The fifth RENEXPO BiH, international fair and conference on renewable energy sources (RES), environmental protection, water management and energy efficiency, focused on stepping up investments in Bosnia and Herzegovina, will be held on October 24 and 25 at the convention center of the Hills Hotel in Sarajevo. The RENEXPO BiH will provide modern and efficient […]
Global warming report calls for “unprecedented changes” in all aspects of society
The Intergovernmental Panel on Climate Change (IPCC), the leading world body for assessing the science related to climate change, has issued a report that calls for “rapid, far-reaching and unprecedented changes in all aspects of society” to limit global warming to 1.5°C. The Special Report on Global Warming of 1.5°C was approved by the IPCC […]
ERS opens 8.76 MW hydropower plant Bočac 2 under EUR 21.5 million investment
Power utility Elektroprivreda Republike Srpske (ERS) yesterday unveiled the Bočac 2 hydropower plant (HPP) with an installed capacity of 8.76 MW and the expected annual output of 41.6 GWh of electricity. The project worth BAM 42 million (about EUR 21.5 million) is expected to break even within seven years. Alongside HPP Bočac 2, which will […]
Turkey to launch 1 GW solar tender in January, include storage at one site – ministry
Turkey’s Ministry of Energy and Natural Resources has announced that a 1 GW solar tender will be launched in January, with a 30 MW/ 90 MWh (AC) storage project to be included at one of the three sites in question, according to reports. Around 500 MW has been assigned to the Sanliurfa-Viransehir site and 200 […]
Residents vow to keep battling small hydropower plant Meteh
Residents in Plav in northern Montenegro recently again blocked the start of construction on the Meteh small hydropower plant (SHPP) on the Komarača river. They insist that the construction permit was unlawfully issued to the investor, construction firm Normal Company owned by businessman Žarko Burić, warning that the investor has no right to resume the […]
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