Cost of capital for onshore wind and solar investments mapped
Investments in wind and solar energy in Southeast Europe did not increase even though the cost of capital decreased in 2014-2016, which is why stable policy schemes have to be designed at European and national level, according to the “Pricetag” study funded by the European Climate Foundation. The “Pricetag” project examined the cost of capital […]
Quota for energy promoted through green certificates decreased
Mandatory renewable energy quota promoted through green certificates in Romania has been decreased by about one third by government decree. In 2017. the quota will be 8,3 percent of Romania’s gross final consumption, compared to 12,5 percent in 2016. The decision will come into effect after the next government of Romania, where parliamentary elections were held on […]
Consultant for Western Balkans energy efficiency program needed
The European Bank for Reconstruction and Development (EBRD) plans to establish the Western Balkans Green Economy Financing Facility with a total of EUR 85 million to finance residential energy efficiency and small-scale renewable energy investments. To support the implementation of the facility, the EBRD will engage a consulting company which will carry out the facility […]
Greece expects EUR 1.5 billion investments in wind energy
Ten corporations and their associates are set to invest around EUR 1.5 billion over the next three years for the development of wind-energy facilities with a total capacity of 1.400 MW. The majority of these projects are being planned by the ten biggest renewable energy players in the Greek market or smaller firms planning partnerships […]
Greek PPC to install pioneering energy storage system
Greek Public Power Cooperation (PPC) will install a pioneering battery system for renewable energy storage at its production facility on the Dodecanese island of Karpathos. The biggest power producer and electricity supply company in Greece has decided, according to the Greek energy news portal Energypress, to install a lithium-ion battery system for energy storage as […]
Transforming Cities: From Industrial Centers to Sustainable Urban Areas
The international Connective Cities Dialogue Event “Transforming Cities: From Industrial Centers to Sustainable Urban Areas” was held in early December in the city of Bocholt, Germany. Representatives of the City of Zenica, with the support of the GIZ ORF-EE as its partner, took an active part in this year’s event presenting its project to a […]
ERS: KfW loan for Hrgud wind farm favourable
The KfW loan for the Hrgud wind farm in Berkovići is one of the most favourable. This is the reply of the ERS’ management to the opposition’s accusations that the decision on the loan is a violation of law. Since guarantees for the loan for the Hrgud wind farm construction are provided by the government, it is […]
Evia wind farm investors given extension to pay for cable connection
Investors in the wind energy parks on Evia island are given two-month extension to start paying for the cost of underwater cable connection linking Polypotamos in Evia with the outskirts of the Greek capital Athens. The group of investors holding licenses for the construction of the wind farms in the southern part of Evia, were expected to start […]