Four systemic Greek banks join EUR 650 million sustainable infrastructure program – EIB
The European Investment Bank (EIB) has confirmed in a press release involvement of four systemic Greek banks in a new EUR 650 million green infrastructure investment program. Confirmation of the involvement of the four systemic Greek banks – Alpha Bank, Eurobank, National Bank of Greece, and Piraeus Bank – will enable EUR 650 million for […]
Contracts signed to finance switching two Serbian heating plants to biomass
Heating plants in six municipalities in Serbia will receive EUR 26.7 million to switch from fossil fuels – coal and heating oil – to biomass, the Ministry of Mining and Energy said on its website. The first two municipalities to get new heating plants will be Priboj and Mali Zvornik, by the of 2022. The […]
GGF secures EUR 25 million from OeEB to continue green finance
The Development Bank of Austria (Oesterreichische Entwicklungsbank AG – OeEB) has increased its investment with the Green for Growth Fund (GGF) by providing an additional EUR 25 million in senior shares, according to a press release from the GGF. OeEB’s commitment will help the GGF continue to develop renewable energy projects and improve energy and […]
RSV Energy to install 47 MW solar power plant in BiH
Bosanski Petrovac-based RSV Energy plans to invest around BAM 70 million (about EUR 35.8 million) in a 47 MW solar power plant that will cover 80 hectares near the town in Bosnia and Herzegovina. The Minister of Economy in the Government of the Una-Sana Canton, Nijaz Kadirić, has announced on his Facebook page that he […]
Iberdrola contracts Vestas for wind turbine maker’s latest project in Greece
Denmark-based Vestas Wind Systems A/S has won a 16 MW auction-derived order from Spain’s Iberdrola for the Pyrgari wind farm, the latest in a series of orders for the wind turbine maker to secure in Greece. Vestas said the contract with Iberdrola, the world’s number-one producer of wind power, for the Viotía, Greece site includes […]
GE Renewable Energy to supply Cypress units for 51 MW wind farm in Turkey
GE Renewable Energy has been selected by Sanko Enerji to supply GE’s 4.8 MW Cypress Units for the 51 MW Gazi 9 Wind Farm in Turkey and will be providing a 10-years Full-Service Agreement. Located in Çanakkale, Turkey, the 51 MW wind farm will generate enough renewable energy to power the equivalent of 100,000 homes […]
North Macedonia’s ESM signs two contracts for Bogdanci wind farm expansion
North Macedonia’s state-owned power producer Elektrani na Severna Makedonija (ESM), formerly ELEM, has signed two contracts on the Bogdanci wind farm expansion with a consortium of Germany’s Fichtner and North Macedonia’s Geing. The contracts for the Bogdanci wind farm, North Macedonia’s first wind farm, were signed by Vasko Kovachevski, CEO of ESM, and Elena Cekulaeva, […]
Vestas wins 185 MW in wind turbine orders in Greece
Denmark-based Vestas Wind Systems A/S has won three new wind turbine orders in Greece, for a total capacity of 185 MW, according to press releases from the company. The latest order, from Volterra S.A., is for 15 V117-3.45 MW wind turbines delivered in 3.6 MW Power Optimised Mode for two wind farms in the Viotia […]