Statkraft opens its second hydropower plant in Turkey

The Kargı Kızılırmak hydropower plant became fully operational and increased the capacity of Norway’s Statkraft in Turkey by six times. The company now accounts for more than 1% of the country’s electricity generation. More than 700 people attended the official opening at the 102 MW plant located in Çorum province at the Black Sea region, […]

Renewables August 26, 2015

Hidroelectrica begins procedure for exchange listing

Six months out of insolvency, largest national power producer may be listed at the stock market, Energynomics.ro said. Károly Borbély, Hidroelectrica’s head of strategy and corporate affairs, said the preparations already begun. „It will be possible six months after we come out of insolvency, most likely in the fall of 2016 or early 2017,“ Romanian […]

Renewables August 26, 2015

Small hydropower concessions coming up in Montenegro

Investors can apply for the construction of small hydropower plants in two locations in Montenegro. The Ministry of Economy is receiving applications for concession awards to exploit water streams. The public call is for the construction of small hydropower plants (SHPPs) on the rivers of Bukovica, in Šavnik municipality in central Montenegro, and Štitarička, in […]

Renewables August 24, 2015

Conference on sustainable energy and climate changes

Civic Alliance of Montenegro said regional conference ’Energy. Development. Democracy: How successful policy dialogue can ensure sustainable use of energy and climate protection in South East Europe?’ will take place in Podgorica on September 29–30. The event is part of the project ’Public Dialogue on Sustainable Use of Energy and Energy Efficiency’, implemented since 2011 […]

Renewables August 20, 2015

Electrica exiting two wind energy projects

Citing declining profitability of renewable energy, Romanian utility revealed a plan to terminate the development of two wind parks, which is reflected by financial statements by the management, Business-Review reported. Electrica SA was listed on markets in Bucharest and London in July last year, and made a decision at the time to postpone investment in […]

Renewables August 20, 2015

Phoenix Solar gets contract for 6.9 MW solar array

German photovoltaic system integrator Phoenix Solar AG said it would build a solar array of 6.9 MW in central Anatolia, in partnership with local company Asunim Yenilenebilir Enerji Teknolojileri, SeeNews reported. The firms were awarded the order by a Turkish consortium. Its value was not disclosed. The contract calls for Phoenix Solar to undertake all […]

Renewables August 18, 2015

Monsson Group dismantling wind park in Constanța

Local legislation has rendered a wind power plant in Targuşor, Constanța county, unfeasible, according to its operator Monsson Group, controlled by businessman Emanuel Muntmark, Ziarul Financiar’s portal said. The company and its project partners decided to remove turbines from the 27 MW project due to market uncertainty, Romania Insider reported. “Unfortunately, major changes in renewables […]

Renewables August 11, 2015