Montenegrin government fulfills promise: Seven contracts for SHPPs terminated
When it was elected, the Government of Montenegro announced it would ban the construction of small hydropower plants and revise concessions.
Zorlu to expand Alaşehir geothermal power plant with 3.6 MW solar unit
Zorlu Energy will turn its 45 MW geothermal power plant in Alaşehir into one of the first hybrid systems in Turkey by integrating it with a solar power plant that it plans to install at the site. Zorlu Enerji Elektrik or Zorlu Energy, which is planning to launch an initial public offering for its renewables […]
IRENA, IHA promote role of sustainable hydropower on path to climate goals
IRENA and IHA argue sustainable hydropower should be incentivized due to its importance for the carbon neutrality push
Turkey’s İş Leasing secures EUR 40 million for green investments
Companies will have the opportunity to finance investments in resource efficiency and small scale renewables.
EnC Energy Transition Tracker: 61% of power output in WB6 still comes from fossil fuels
The Energy Transition Tracker points to slow energy transition momentum and the decarbonization challenge in electricity production and transportation.
Europe seals record EUR 26.3 billion of investments in offshore wind farms
Despite COVID constraints, Europe raised EUR 26.3 billion to finance 7.1 GW of new offshore wind capacity in 2020.
DEM, Petrol, Nafta Lendava join forces to use geothermal energy in abandoned gas, oil wells
Companies plan to establish a pilot geothermal power plant by using innovative technology.
Turkey expands renewables capacity in gigawatts rather than megawatts
The Lower Kaleköy HPP, with an installed capacity of 500 MW, is the first hybrid power plant that combines hydro and solar in Turkey.