Energy Wood III – EUR 10,000 still available for biomass heating systems
The implementation of the third phase of the Energy Wood project, which started in October last year in Montenegro, will continue in 2018, until the remaining EUR 10,000 for modern biomass heating systems are spent. Over the past three months, more than 200 interest-free loans have been approved for biomass (pellet and briquettes) heating systems. Still, […]
Turkey has awarded 2,1 GW of wind power capacity in 32 regions
The multi-day tender marathon in Turkey offering an aggregate amount of 2,130 MW of wind power capacity, finished with preliminary licenses issued for 2,110 MW in 32 different regions in the country. The licenses were issued in the last couple of days of 2017, according to the Turkish Electricity Transmission company (Teias). Successful bids ranged […]
Kovačica wind park secured EUR 142 million from three lenders
Kovačica, a 104.5 MW wind farm under construction in Serbia, has successfully secured EUR 142 million and reached the financial close. The financing in the amount of EUR 142 million is provided by parallel loans from Erste Group Bank AG (supported by the German Export Credit Agency Euler-Hermes), Erste Bank Serbia, and the European Bank for […]
Croatia postponed free trade of renewable energy again
The Croatian government postponed the launch of renewable energy free trade for 2019. This is the second consecutive year that the supplier’s obligation to buy electricity from wind farms or other renewable energy sources (RES) at regulated purchase price has been prolonged. According to the provisions of the Croatian Law on Renewable Energy Sources (RES) […]
Horizon 2020 call for smart cities and energy systems, renewable fuels projects
The European Union published calls under the 2018-2020 Horizon Work Programme for project proposals focusing on smart cities, smart energy systems or renewable fuels with the deadline for submissions expiring on April 5, 2018. Among other countries, Albania, Bosnia and Herzegovina, the former Yugoslav Republic of Macedonia, Kosovo*, Montenegro, and Serbia are also eligible for funding. […]
Turkey’s Sisecam set up second largest solar roof-top plant in Europe
Turkish glass and chemicals group Sisecam made and installed a 6.2MW solar plant at the top of its Mersin Flat Glass Factory. This rooftop photovoltaic (PV) plant has become the second largest solar roof-top in both Turkey and Europe. Total investment in this project was TRY 22 million (EUR 4.8 million). The plant that covers […]
European Commission approved Greek auction scheme for renewable electricity
Greece will organize regular, competitive auctions to grant support to renewable energy sources, as planned, since the European Commission approved the Greek auction scheme for the production of electricity from renewable sources and high efficiency cogeneration. Being in line with EU State aid rules, the scheme will further European Union energy and climate goals whilst […]
Transeastern Power Trust acquires a wind farm in Romania to power up bitcoin mining
Transeastern Power Trust, a Toronto-based investor, has completed the acquisition of a 45 MW wind farm located in the Romanian Dobrogea Region. The wind farm was operated by OMV Petrom Wind Power SRL. The Trust intends to establish a data center operation containing hardware to mine the digital currency Bitcoin predominantly using electricity produced from […]
