Research of renewable energy in cooperation with the UAE’s Masdar Institute
Ministry of Mining and Energy called on Serbian scientific research institutions to apply for joint renewable energy projects with Masdar Institute from the United Arab Emirates, owned by Abu Dhabi Future Energy Company. All applications received by March 27 are to be sent to Masdar Institute for consideration. The cooperation, based on a memorandum from […]
Photovoltaic energy systems from Greece invests in Thrace
Greek solar energy company Photovoltaic Energy Systems is preparing to invest in renewable energy in Turkey, a company official said on March 2. Hurriyet reported that Anadolu agency quoted Evaggelos Kalenteridis announcing solar projects in a district of the western city of Edirne, which neighbors Greece. “The company was searching for a place to invest […]
Make public institutions switch to peat for heating, producers say
Association of Peat, Briquettes and Wood Biomass Producers presented its initiative in the town of Vinkovci, together with Croatian Wood Cluster, to get authorised institutions to introduce peat as heating fuel in most public buildings through public procurement system, which would result in saving money, Energetika.ba portal reported. The association’s representatives said there were 3,200 […]
Incentives stay only for operational wind and solar facilities
Bulgaria’s parliament scrapped preferential prices for new renewable energy installations on February 26, as the country is struggling to cut deficits in the energy sector and keep a lid on consumers’ utility bills, Euractiv reported. Wind power farms and photovoltaic parks mushroomed in 2011, after Bulgaria introduced generous subsidies for renewable energy, guaranteed for 20 […]
RES fund to post a deficit
The Renewable Energy Sources (RES) Fund, financed by consumers through electricity bills, will post this year a deficit because of the power utility’s reduced revenues due to lower fuel prices. The government is considering plugging the hole by spreading the cost among consumers and RES operators. One scenario mulled by the Energy Ministry, would see […]
MVM purchases hydroelectric power plant
State-owned MVM Hungarian Electricity Ltd. has purchased a 7.48 MW hydroelectric power plant (HPP) in Romania, more precisely a 90 percent stake, in order to “further strengthen its renewables portfolio”, Budapest Business Journal reported, citing an article in Hungarian language Romanian daily ’Kronika’. According to the paper, the value of the transaction is approximately EUR […]
Hidroelectrica prepares for hydropower upgrade, acquisitions
Hidroelectrica plans to invest EUR 300 million this year in upgrading three hydropower plants and considers buying small hydro plants in the neighbouring countries as well as several hundred megawatts in wind farms developed on the local market, Mediafax reports. According to the attorney Remus Borza, the representative of Euro Insol, Hidroelectrica’s judicial administrator, Hidroelectrica […]
CHP plant as a solution for Sokolac district heating company
Head of Sokolac Municipality Milovan Bjelica had a meeting with consultants of the European Reconstruction and Development Bank (EBRD) to discuss a project of a 5 MW cogeneration plant, powered by biomass, with a value estimated at EUR 5.1 million, reported portal ekapija.ba. ”CHP plant project is a capital project with a technical support before […]
