Albanian government will stimulate investments in solar energy

Solar energy is an extremely important energy source for Albania because of its geographic position and exposure to sunlight, the Albanian Minister of Infrastructure and Energy, Damian Gjiknuri said at the opening of a workshop on solar energy in Tirana. The Minister said the Albanian government will stimulate investments in the production of energy from […]

Renewables November 3, 2017

EBRD to loan EUR 75 million to Turkey for renewables investment

The European Bank for Reconstruction and Development (EBRD) will provide EUR 75 million in financing to Turkey Sinai Kalkinma Bankasi (TSKB), a Turkey-based investment and development bank, for renewable investment. The financing, under Turkey Mid-Size Sustainable Energy Financing Facility III (MidSEFF III) is for on-lending to private sector borrowers for renewable energy and resource efficiency […]

Renewables October 30, 2017

Mirova acquires majority stake in two Croatian wind farms

Renewable energy fund Mirova-Eurofideme 3 has bought 46% stake in RP Global’s 43.7 MW Danilo and 34.2 MW Rudine wind farms in Croatia. Having acquired 49% in July 2016, Mirova now owns 95% of the two wind farms on the Adriatic coast. Mirova-Eurofideme 3 is managed by Mirova, an affiliate of Natixis Global Asset Management […]

Renewables October 21, 2017

Green Economy Congress to take place in Belgrade, early November

Green Economy Congress 2017 titled “Mapping the Green Economy Momentum in Post-Industrial Era” will take place in Belgrade, Serbia’s capital from November 2-4. The congress will gather green economy leaders from around the world dedicated to development and promotion of green economy model and initiatives, says the organizer. The three-day gathering, hosted by civil society organizations […]

Renewables October 19, 2017

Belgium company Elicio completes Malibunar wind farm

Belgian utility’s project is prelude for nearby power generation facility of 21 Senvion units. Wind turbines of 8 MW in total capacity, or 2 MW each, were presented in the area of the town of Alibunar, less 60 kilometres northeast of Serbia’s capital Belgrade. Elicio NV’s Malibunar project is located near a site where the […]

Renewables October 18, 2017

EPS completes Đerdap 1 unit revitalization, ups capacity by 60 MW

The overhaul of four units of hydroelectric power plant Đerdap 1 has increased the plant’s installed capacity by 60 MW, which will result in its electricity generation increasing by 90 million kWh, or 2% of last year’s production. Having completed the revitalization of hydro generators A4, A5 and A6, state-owned power company Elektroprivreda Srbije (EPS) […]

Renewables October 18, 2017