An overview of the Turkish photovoltaic market

By Qendresa Rugova, Burg Capital GmBH, Vienna esa.rugova@burgcapital.com Driven by steady economic growth, the Turkish power market has experienced tremendous progress over the past decade with power generation assets doubling from around 37 GW in 2000 to the current level of 70 GW. This expansion, however, has also led to an increased reliance on imported […]

Wind project Zelengrad–Obrovac becomes operational

An investment of EUR 50.56 million in a wind park in northern Dalmatia with 42 MW of capacity was completed and set into motion, Večernji list newspaper said. Turbines with an additional 12 MW of capacity will be installed in Zelengrad–Obrovac wind park in the second phase. EnerCap Capital partners, the fund manager based in […]

Statkraft seeks afforestation services provider

Devoll Hydropower Sh. A. (DHP), Albanian company ultimately owned by the Norwegian company Statkraft AS, closed its invitation for expression of interest or prequalification for afforestation services as the deadline expired on June 22. The endeavour in Banje hydropower plant area, part of Devoll project, covers 255.3 hectares in five sections and includes maintenance of […]

Partnership set for developing solar power plants

Armand Group, a Romanian renewable energy operator, said it signed an agreement with Green Tech Ltd., a specialized British company, for the finance and development of solar photovoltaic projects below 500 kW capacity that will benefit from the new solar feed-in tariff expected to be applied this year in the country. With British finance and […]

Monsson operates in 20 countries on four continents

Projects of over 2.4 GW, out of which over 1 GW have been already built and operational, have been developed under Monsson Group in Romania. The company said it expanded its operations in 20 markets in the past two years and reached 500 employees on four continents. In a press release, the company added it […]

EBRD, KfW finance Krnovo wind park project

Julio Moreno, head of the European Bank for Reconstruction and Development’s country office, announced an investment of EUR 48.5 million in Krnovo wind farm in an interview for Portal Analitika. The project worth a total EUR 130 million will be supported in cooperation with KfW Development Bank of Germany, he added. „It will be the […]

Countrywide wind power plants’ capacity tops 2 GW

Total wind energy capacity in the country linked to the grid exceeded 2 GW, Eletaen, the Greek Wind Energy Association, said in its preliminary report for the first half of this year, Energy Press portal wrote. The benchmark level was struck on April 26 by a 2 MW Vestas V90 facility installed by Terna Energy […]