Fintel Energija to start trading on BELEX on Nov. 20 as it completes Serbia’s 1st IPO in 80 years
Belgrade-based renewable energy company Fintel Energija, a subsidiary of Italy’s Fintel Energia, will start trading on the Belgrade Stock Exchange (BELEX) on November 20, having successfully completed Serbia’s first initial public offering (IPO) in nearly 80 years, raising a total of some RSD 755.2 million, or around EUR 6.3 million, for a new wind farm […]
Serbia, Croatia, BiH, Bulgaria, Romania, Cyprus among countries to improve green transition scores – EBRD
Serbia, Croatia, Bosnia and Herzegovina (BiH), Bulgaria, Romania, and Cyprus are among countries that improved their 2018 scores in the area of green transition compared to 2017, while the scores of Albania, Macedonia, Greece, Kosovo*, Montenegro, and Turkey, among other markets, remained unchanged, according to the European Bank for Reconstruction and Development’s (EBRD) Transition Report […]
Consortium led by India Power Corporation wins bid to build 100 MW solar power plant
The Albanian Energy and Infrastructure Ministry has selected a consortium led by India Power Corporation to build the country’s first solar power plant with an installed capacity of 100 MW, in an investment worth EUR 70 million. The members of the consortium, which was selected among 3 bidders in the final phase of the bidding procedure, […]
Draft regulations discussed for Macedonia to introduce prosumers, premiums for PV, wind energy projects
A public debate was organized in Skopje on November 8 to discuss a draft rulebook and a draft decree to regulate the sector of renewable energy sources over the coming period, including prosumers and tendering procedures with electronic reverse auctions to award premiums to investors seeking to build PV and wind energy capacities. The draft […]
Tendering for 4 wind farms launched, ceiling price set at USD 0.055/kWh
Turkey’s Energy and Natural Resources Ministry has launched tendering for the construction of four wind farms with a total installed capacity of 1,000 MW, according to reports. This is the second wind power tendering announcement issued by the ministry. In August last year, the ministry awarded a 1 GW wind farm to a consortium including two Turkish […]
Use of biomass toward low-carbon industry – challenges and prospects
Serbia’s cement industry is ready to increase the use of biomass as fuel, which would have a positive impact on reducing CO2 emissions, according to a roundtable organized by UNECOOP with the support of the Association of the Cement Industry of Serbia (CIS) and the Faculty of Applied Ecology – Futura. The roundtable on the […]
Advocacy group calls for improved regulatory framework, premiums to incentivize renewables in Croatia
Croatia’s current investment potential in the sector of renewable energy sources is estimated at about EUR 1 billion, but for the potential to be realized, the country needs to tackle key challenges such as transitioning the incentive system to premiums, according to an advocacy group called Platforma za dobru energiju (Platform for Good Energy). The […]
Renewables tendering ahead in Macedonia as MEPSO signs transmission network modernization deals
Macedonia will launch tendering by end-2018 for the construction of new PV power stations and wind farms to be backed by premium tariffs, officials announced as state-owned electricity transmission system operator (TSO) MEPSO signed nine agreements worth EUR 18 million to modernize the country’s power transmission network, according to news releases from the Macedonian government […]
