Extending feed-in tariffs risks turning public opinion against renewable energy
Author: Pippa Gallop, Research Coordinator, CEE Bankwatch Network One of the main factors driving the controversial small hydropower boom in the Western Balkans is the availability of feed-in tariffs, providing investors with a near-certain income for several years. The aim of this policy has been to incentivise the development of renewable energy, however most of […]
Vestas wins 106 MW order for Greece, customer not disclosed
Vestas has won a 106 MW order for several sites in Greece, the Danish manufacturer of wind turbines has said in a press release, without disclosing the customer and projects per the customer’s request. More specifically, the order includes the supply and installation of 14 V136-4.2 MW, five V136-3.6 MW and eight V117-3.6 MW turbines, […]
KESH files request to build floating solar power plant
Albania’s state-owned power utility KESH has submitted a request to the Ministry of Infrastructure and Energy to build a floating solar power plant with a capacity of 12.9 MW on the Vau i Dejes reservoir, the Albanian media reported. KESH’s detailed application to build the floating photovoltaic (PV) power plant can be accessed on the […]
HEP says to invest EUR 135 million in renewables on average annually to lift share to 50% by 2030
Croatia’s state power utility Hrvatska Elektroprivreda (HEP) plans to invest HRK 1 billion (around EUR 135 million) in renewable energy sources on average annually, in what will enable it to increase the renewables share from 35% to 50% by 2030, according to a news release from HEP. HEP plans to achieve the target through the […]
EU clears MET Renewables’ entry into NIS Energowind ownership
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control over Belgrade-based NIS Energowind, the developer of the Plandište wind farm, by MET Renewables, part of Swiss energy company MET Group, and O Zone, part of Russia’s Gazprom group, the commission said in a press release. NIS Energowind, founded in Serbia […]
Energy Community adopts decision lowering Macedonia’s 2020 renewables target from 28% to 23%
The Energy Community’s Ministerial Council has adopted a decision lowering Macedonia’s 2020 target for the share of renewable energy sources in gross final energy consumption from 28% to 23%. The decision was adopted as a result of a review of the 2020 renewables target requested by FYR Macedonia due to the revision of the country’s […]
Romania’s draft plan envisages 27.9% target for renewables share in energy consumption in 2030
Romania’s draft National Energy and Climate Plan (NECP), to be sent to the European Commission, envisages a 27.9% share of renewable energy sources in energy consumption in 2030, compared to the EU’s 32% target, Romania-Insider.com has reported, citing Economica.net. Romania’s renewables share in total energy consumption stood at 25% in 2016, according to Eurostat’s data. […]
Carbon Tracker: 42% of global coal-fired power plants unprofitable
Around 42% of global coal capacity is already unprofitable because of high fuel costs, while it costs more to run 35% of coal power plants than to build new renewable generation facilities, finds Carbon Tracker’s study of the profitability of 6,685 coal-fired power plants worldwide, representing 95% (1,900 GW) of all operating capacity and 90% […]
