Solar power is becoming more affordable for firms, households in Serbia
Solar power systems are getting cheaper every year. During the industry’s boom in Europe and the world, investment in the sector in Serbia has been weak. ProCredit Bank’s expert Danko Kalkan points to great growth potential. Prices of solar power equipment have been halved in the past several years so such systems are more profitable […]
CE Oltenia plans to slash CO2 emissions by 38%, but keep investing in coal
Romania’s ailing state-run electricity producer Complexul Energetic Oltenia (CE Oltenia) has drawn up a 2021-2026 restructuring and decarbonization plan that entails gradually reducing coal power production and developing renewable energy sources, with a target to cut CO2 emissions by around 38%. The plan includes EUR 1.5 billion in investments. CE Oltenia, the second-biggest electricity producer […]
450 MW offshore wind park to be built in Adriatic Sea
Italy-based energy services company Saipem has announced plans to build one of the first wind farms in the Adriatic Sea in cooperation with two other domestic firms. The offshore wind power plant, described as the biggest in Italy, will have an installed capacity of about 450 MW. Saipem said the planned wind farm will have […]
Greek Green Funds target over EUR 3 billion in investments
The Hellenic Development Bank of Investments (HDBI) has launched a program called Greek Green Funds for venture capital and private equity funds to finance businesses in the sectors of renewable energy production and technology, energy conservation infrastructure, sustainable development, and circular economy. The Greek Ministry of Development and Investments has said the program is expected […]
Enery BG 1 plans to build 400 MW solar power plant in southern Bulgaria
Austrian-owned Enery BG 1 Ltd. plans to build a solar power plant in the municipality of Haskovo in southern Bulgaria, with an installed capacity of 400 MW. The intention is for Enery BG 1’s photovoltaic (PV) power plant to span a total area of some 400 hectares. Its projected annual output is 560 GWh of […]
Serbian Biogas Association unveils guide for investors
The Serbian Biogas Association has published a guide for investors interested in building a biogas plant in Serbia, whose main purpose is to encourage new investment in the sector and support those who have already decided to invest in biogas. The guide, developed by the Serbian Biogas Association in cooperation with the rural development department […]
Slovenia approves EUR 12.7 million for unfinished infrastructure at HPP Brežice
The Slovenian government has approved an additional EUR 12.7 million to complete the unfinished infrastructure at hydropower plant (HPP) Brežice on the river Sava and extended the time frame for the works until the end of summer 2022. The unfinished infrastructure works that need to be completed concern nature protection measures as well as flood […]
Romania rolls out agricultural land law amid renewables producers outcry
RWEA and PATRES have warned the rules coming into force on October 13 would make it nearly impossible to develop renewable energy projects on land outside cities. Romania introduced a string of categories of individuals and entities that will have priority in buying agricultural land and it can’t be repurposed. President of Romania Klaus Iohannis […]
