Chinese to present offer for HPP Dabar in next four months
China International Water & Electric Corporation in next four months will present its technical and financial proposal for the construction of the hydropower plant (HPP) Dabar in Nevesinje, the Republic of Srpska. During his visit to Beijing, President of the Republic of Srpska Milorad Dodik was informed that China International Water & Electric Corporation (CWE) […]
EnGoPlanet lights up Las Vegas using Smart Street Lights
The city of Las Vegas, Nevada has installed the experimental street lights created by EnGoPlanet. The main source of energy for the Smart Street Lights are solar panels and pedestrian footsteps. These street lights could offer a solution for the cities struggling to secure street lights. Built in the Nevada desert, Las Vegas is best […]
World Bank supports geothermal energy development in Turkey
The World Bank supports Turkey with USD 289.8 million to encourage private sector investment in geothermal energy development. Geothermal energy projects in Turkey will be supported with an IBRD loan of USD 250 million and a Clean Technology Fund grant of USD 39.8 million, reported Anadolu Agency. The World Bank’s Board of Directors approved a […]
EPS invests EUR 500 million in hydropower
Electric Power Industry of Serbia (EPS) will invest about half a billion euros in the modernisation of hydropower plants (HPPs) by 2025 announced Aleksandar Jakovljević, Director of the EPS Directorate for Strategy. Hydropower plants produce one third of EPS total electricity production. They were built from 26 to 60 years ago, so EPS plans to invest EUR […]
NIS, Betec sign cooperation agreement on geothermal energy
Serbian energy company NIS Gazprom Neft and the Chinese Betec Group Ltd. have signed a co-operation agreement on developing geothermal energy projects in Serbia. The two companies have joined forces to develop geothermal active areas plan to build power plants in northern Serbia “based on the well head power plant technology,” says the NIS statement. The […]
Investors in dilemma about RES pilot tender
Prospective investors are in dilemma about the participation in a RES pilot tender for the installation of new PV systems announced by Regulatory Authority for Energy of Greece as they are required to provide additional letters of guarantee. Potential investors are upset after they have been informed that they are required to provide follow-up letters […]
Airbus uses biomass for heating
The French aircraft manufacturer Airbus uses woodchips to heat its production facilities after Polytechnik company has installed a new biomass fueled boiler to produce thermal energy. The Austrian company renowned for its advanced combustion solutions using biomass to provide energy has reported that the installed boiler is to produce saturated steam with the heat output […]
New EBRD support for renewable energy investments in Turkey
The European Bank for Reconstruction and Development (EBRD) is providing USD 55 million to Turkish lender Isbank to finance private investments in renewable energy and resource efficiency projects. The new agreement comes as a “part of the EBRD’s strategy to help Turkey meet a growing demand for electricity and diversify away from expensive imported fuel, […]