CROPEX sells largest number of guarantees of origin so far
Croatian power exchange CROPEX said it has held its fourth auction of guarantees of origin (GO), selling 274,482. It is the highest number so far. In the first auction, CROPEX sold 263,889 GOs and the tally was 194,049 in the second one, followed by 166,779 in the next round. At the fourth auction of GOs […]
Interenergo commissions 10 MW wind farm in Croatia’s Jasenice
The head of the small municipality has explained local authorities lean on renewables for development. An equivalent wind farm should be added together with a 5 MW solar park, Martin Baričević said and pointed to the possibility to install a pumped storage hydropower facility and a gas-fueled power plant. Five turbines of 2 MW each […]
Outlook for wind energy financing
Author: Ivan Komušanac, Analyst for Markets & Wind Energy Technology at WindEurope Costs of wind energy have been continuously falling. That’s one of the main reasons why Europe installed 194 GW of wind energy capacity. Onshore wind is today the cheapest form of new power generation in a lot of places in Europe, thanks to […]
Register for Trebinje Energy Summit – SET 2020
Power utility Elektroprivreda Republike Srpske (ERS), the City of Trebinje and SET Trebinje, which are organizing Trebinje Energy Summit – SET 2020, have announced that the event will bring together a large number of decision makers from governments and energy companies from the region, as well as from international financial institutions. The summit will have […]
Bids open in Albania solar power auction for 140 MW in Karavasta
The Ministry of Infrastructure and Energy said investors have until March 16 to submit applications for the construction of a photovoltaic plant at the coast southwest of capital Tirana. Albania scheduled a public event for April 7 to pick the operator for the 140 MW solar power system. Minister Belinda Balluku presented the auction process, […]
Valorem takes over wind energy portfolio of 82 MW in Greece
French green power company Valorem said it has bought a portfolio of 82 MW wind projects in Greece, in a move to expand its operations in this country. According to information it posted on its website, the affiliate of private equity and venture capital firm 3i covers all the phases of renewable energy investments from […]
BiH entity greenlights four wind farms of 165.8 MW in total
The Government of the Federation of Bosnia and Herzegovina (FBiH) has given the initial consent for four wind farms with a total installed capacity of 165.8 MW to obtain energy licenses. They are planned to be built near Tomislavgrad and Posušje. BiH currently has two wind farms, with a total capacity of 86.6 MW. The […]
EU lifts green investment target by EUR 260 billion per year by 2030
The Sustainable Europe Investment Plan will mobilize at least EUR 1 trillion in the next decade, the European Commission has said. The so-called Just Transition Mechanism, which is being set up by the EU with the responsibility for the green investment part worth EUR 100 billion from 2021 to 2027, comes with a support fund […]