Phantom energy companies drain government funds
Thermal power plant operators AES and ContourGlobal, alongside renewable energy sources, will remain the primary sources in the energy mix of Bulgaria, a recent document shows. The latest pricing changes show that AES’s Maritsa Iztok-1 and ContourGlobal’s Maritsa Iztok-3 set their share in the system at 20% and 25.2%, respectively, 3e-news.net reported. Meanwhile, according to […]
Power purchase agreement may cure deal fatigue
No country of this region can hope for a prosperous future without closer cooperation with its neighbours and Europe. Gaetano Massara, CEO of GE South East Europe, the world’s leading infrastructure technology provider, who is covering 11 countries of the region from his Belgrade and Zagreb offices, told Balkan Green Energy News that looking at […]
Canton grants concession for SHPP in Olovo
As investor Energonova DOO from Sarajevo agreed to a fee of 10% and to invest at least BAM 80,000 (EUR 40,920) in village infrastructure, the authorities of Zenica–Doboj Canton approved the concession for the construction of a small hydropower plant in Petrovići in the territory of Olovo, in central part of Bosnia and Herzegovina. The […]
Island of Vis to host solar power plant of 2 MW
A remote Adriatic islet in Split–Dalmatia County may get its first power plant and significant energy autonomy, as it currently depends on a submarine link with the island of Hvar. Vis mayor Ivo Radica told Dalmacija News a location permit for the solar power plant is needed, as is a spatial plan for the wider […]
EBRD approves funds for Krnovo wind power plant
The European Bank for Reconstruction and Development (EBRD) is supporting the first commercial wind power plant in Montenegro, to be located at Krnovo, near the town of Nikšić in the western part of the country. Also, the government in Podgorica agreed on July 23 for French development bank of Proparco to join the project lenders. […]
Nordex gets contracts for 64.2 MW in string of deals
Three contracts for the installation of N117/2400 and the N117/3000 turbines in Turkey, totalling 64.2 MW, were awarded to Germany’s Nordex. According to its press release, the company will be supplying seven N117/3000 Generation Delta turbines for the Ödemiş wind farm to the new customer Erdem Holding. This order also includes a premium-service contract for […]
Photon Energy subsidiary expands to Romania
Solar power solutions and services company Photon Energy said its subsidiary Photon Energy Operations expanded to Romania, SeeNews reported. The company takes over the full monitoring, operations and maintenance of three power plants with a capacity of 11 MW based in Oradea, in the northwestern part of Romania, according to a statement filed with the […]
China Development Bank would back geothermal projects
Beijing Explo-Tech Engineering Co. Ltd. (Betec) is interested in exploiting geothermal energy in Vranje and Kuršumlija in southern Serbia, and in building a thermal power plant, the representatives of the company from China said at a meeting with president Tomislav Nikolić. Beta news agency reported the potential investors said the power plant construction should start by […]
