EIB launches public consultation on its energy lending policy
The European Investment Bank (EIB), one of the largest financiers of global energy infrastructure, has launched a new public consultation on financial and advisory support for the sector, to strengthen the impact of its future energy lending, according to a press release from the EU lender. Over the next three months, the EIB will engage […]
How is Balkan region progressing on energy and climate plans?
Bulgaria, Cyprus, and Greece are among 7 EU member states that failed to submit drafts of their National Energy and Climate Plans (NECPs) to the European Commission by the December 31, 2018 deadline. In the region, Romania, Slovenia, and Croatia have officially published their draft plans, while Albania, Macedonia, Montenegro, Kosovo*, Serbia, and Bosnia and […]
Conservatism still dominates Serbian energy sector, potential of energy transition underestimated
To help accelerate Serbia’s energy transition and reduce emissions, it would perhaps be best for state power utility Elektroprivreda Srbije (EPS) to build a major, 300 MW solar power plant as a first step. In the long run, the solar power plant’s output would be cheaper than that of any coal-fired power plant, Nikola Rajaković, […]
Taaleri, Masdar to set up JV to develop wind, solar projects in CEE
Taaleri Energia, a Finnish wind and solar developer and fund manager, and Masdar, the Abu Dhabi Future Energy Company, have signed an agreement today for the establishment of a joint venture with the aim of developing renewable energy projects in Central and Eastern Europe (CEE). The joint venture aims to build upon of the success […]
Italian official to lead IRENA over the next four years
The International Renewable Energy Agency (IRENA) Assembly has selected Francesco La Camera to be the next Director-General of IRENA. La Camera will take office on April 4, 2019, succeeding Adnan Z. Amin, who has been IRENA Director-General since 2011, IRENA said in a press release. The new Director-General was appointed during the 9th Assembly of […]
Voith to supply equipment for small hydropower plant Gradište
Technology group Voith has won an order for the manufacture, supply and commissioning of two StreamDivers for the Gradište small hydropower plant (SHPP) in Macedonia. According to the company’s press release, the plant is one of 12 facilities currently planned for the river Vardar, with the aim of increasing the hydropower share within Macedonia’s total […]
Romanian regulator permits excess electricity sale by prosumers
As of January 1, households with installed production from renewable energy sources are able to supply electricity to the grid, while their suppliers are obliged to purchase it, the local media reported. The Romanian Energy Regulatory Authority (ANRE) has approved 3 orders that facilitate the commercialization of electricity generated from renewable energy sources by prosumers […]
Cantonal government moves on EUR 61.3 million wind farm project
The government of the Una-Sana Canton has authorized Prime Minister Mustafa Ružnić to sign an agreement with Croatia’s Ivicom Consulting, part of Austria’s Ivicom Holding, concerning a project to build a wind farm in the Bihać area. The wind farm is to be built under an investment of around BAM 120 million (some EUR 61.3 […]