Vestas sells majority stake in three wind power plants in Romania
Vestas has entered into an agreement to sell 80% of its shares in the subsidiaries owning the Romanian wind power plants Pantelimon, Pegasus, and Apollo to a non-disclosed buyer for a selling price of EUR 136 m, the Danish manufacturer of wind turbines has said in a press release. Three wind power plants have 160 […]
82 investors seek to build solar power plants on state land in North Macedonia
Tendering for the construction of solar photovoltaic (PV) power plants with a combined installed capacity of 35 MW on state land, backed by feed-in premiums approved by the Government of North Macedonia, has attracted strong interest among investors, with a total of 82 domestic and foreign companies submitting bids, according to the Ministry of Economy’s […]
METKA EGN signs solar PPA to supply leading Australian retail chain
Greek EPC contractor METKA EGN has entered an agreement with Coles, the second-largest supermarket chain in Australia, for a 10-year electricity supply contract (PPA), with all the power to be generated from renewable sources, according to a press release from the subsidiary of Greek industrial giant Mytilineos Holdings. The contract value for Greek EPC contractor is EUR […]
What can President Trump learn from the Danes? Answer provided by Ida Auken
“If it doesn’t blow, you can forget about television for that night”. This remark on wind farms by Donald Trump is just one of many in his attempt to derogate green energy and to praise the fossil fuels industry. Trump withdrew the US from the Paris agreement in 2017, and rolled back many rules introduced […]
EPCG shareholders approve investment in Gvozd wind farm project
Shareholders of state power utility Elektroprivreda Crne Gore (EPCG) have approved an investment into a joint EUR 58 million project with Austria’s Ivicom Holding to build the Gvozd wind farm, RTCG reported following a meeting of EPCG’s shareholders. Ivan Mrvaljević, head of development and engineering at EPCG, said earlier this year that EPCG could launch […]
EPS invites expressions of interest for construction of 66 MW Kostolac wind farm
State power utility Elektroprivreda Srbije (EPS) has issued an invitation for expressions of interest in international public bidding (with pre-qualification) for the Procurement of Goods, Works and Associated Services for the Renewable Energy Project Kostolac – Wind Park, Serbia, which will be EPS first wind farm. The project includes the construction of a 66 MW […]
CROPEX sells 263,889 guarantees of origin in first auction
Croatian power exchange CROPEX has held its first auction of guarantees of origin (GO) through the IT auction trading platform, selling 263,889 GOs, CROPEX said in a press release. “The first guarantees of origin auction for electricity from incentivized producers (Q1/2019) was successfully held by CROPEX, selling a total of 263,889 GOs at a price […]
Končar KET to refurbish HPP Vacha in Bulgaria
A consortium comprising Croatia’s Končar KET and Czech ČKD Blansko Holding has signed a contract to refurbish the 14 MW hydropower plant (HPP) Vacha-1, the accompanying 110 kV switchyard, and other auxiliary systems at the HPP, in cooperation with the Bulgarian state power utility Natsionalna Elektricheska Kompania (NEK EAD), Končar KET has said in a […]