EBRD sets EUR 100 million for Vakıfbank to on-lend

The European Bank for Reconstruction and Development said it approved EUR 50 million or its equivalent in dollars or Turkish liras to Vakıfbank (Türkiye Vakıflar Bankası t.a.o.) under the Turkey Sustainable Energy Financing Facility 3 (TurSEFF 3). Another EUR 50 million was set under Turkey Sustainable Energy Financing Facility Framework Ext 1 (TurSEFF 2). The […]

Radić: Investors in Balkans seek biomass-fuelled boilers

Key pieces of equipment for L’Oréal’s hybrid trigeneration plant near Burgos in Spain have been designed and installed by company Polytechnik from Austria. The system relies on biomass and solar energy to produce steam, hot and cold water and electricity for the French cosmetics manufacturer’s operations. Viktor Radić from Polytechnik told Balkan Green Energy News […]

No immediate impact of coup on solar power sector

Western analysts are concerned the fallout from the failed military coup of July 15 will weigh heavily on Turkey’s shaky democracy and increase president Recep Tayyip Erdoğan’s authoritarianism, according to an article in PV Magazine’s portal, which notes investors gauge political stability of markets as turmoil lifts expenses. In the short term, the photovoltaic sector […]

Recom modules deployed in 11.9 MW project

Amur Leopard solar modules of 260 W produced by Recom have been deployed in the construction of a landmark 11.9 MW photovoltaic project in Cyprus. The multi-site development, which includes ground-mounted solar parks in five locations across the country: at Frenaros, Nisou, Dali, Paliometocho and Malounta, are among the first solar projects of this scale […]

Gamesa lands wind turbine deal in Greece of 10.2 MW

Six European projects in development will be supplied by Gamesa Corporación Tecnológica. The manufacturer headquartered in Spain said it has been contracted to install 12 G52 turbines of 850 kW at a wind farm located in the island of Eubea in Greece. The press release adds the deals have been closed in the second quarter […]