Turkish-Albanian consortium will build 120 MW HPP in Albania
Ayen Enerji & Fusha, a Turkish-Albanian consortium, has won a contract for construction and operation of a 120 MW hydro power plant in Albania, with a 35-year concession period. Construction works on Kalivac HPP are projected to cost EUR 125.3 million and last two years and a half, the ministry of energy and infrastructure in Tirana said, SeeNews reports. Annual […]
Minister Antić inaugurated new pellet factory in Petrovac na Mlavi
Company Eko Step Pellet opened a plant for beech pellet production in the municipality Petrovac in eastern Serbia. Eko Step Pellet invested EUR 3 million and created 32 new jobs. The funds were invested in the takeover of the bankrupt company and in the restoration of the production, Eko Step Pellet said in a statement. […]
China invests in Greek wind parks, IAE support investments in renewables
China’s Shenhua Group has bought 75% stake in Copelouzos’s four wind farms. The transaction is the first investment of the Chinese company in wind parks in Greece and comes on a day when the IEA’s review found that current policies will not be adequate to guide the energy sector towards the long-term energy transition and […]
Albanian government will stimulate investments in solar energy
Solar energy is an extremely important energy source for Albania because of its geographic position and exposure to sunlight, the Albanian Minister of Infrastructure and Energy, Damian Gjiknuri said at the opening of a workshop on solar energy in Tirana. The Minister said the Albanian government will stimulate investments in the production of energy from […]
EBRD to loan EUR 75 million to Turkey for renewables investment
The European Bank for Reconstruction and Development (EBRD) will provide EUR 75 million in financing to Turkey Sinai Kalkinma Bankasi (TSKB), a Turkey-based investment and development bank, for renewable investment. The financing, under Turkey Mid-Size Sustainable Energy Financing Facility III (MidSEFF III) is for on-lending to private sector borrowers for renewable energy and resource efficiency […]
Turkish Zorlu Energy, US First Solar looking to build solar panel plant in Turkey
Turkish power company Zorlu Energy Group is negotiating with the US company First Solar on the construction of a solar panel factory in Turkey. Zorlu Energy Group President Sinan Ak told Turkish media that First Solar wants his company to take over solar panel distribution in 26 countries before committing to the construction of the […]
Mirova acquires majority stake in two Croatian wind farms
Renewable energy fund Mirova-Eurofideme 3 has bought 46% stake in RP Global’s 43.7 MW Danilo and 34.2 MW Rudine wind farms in Croatia. Having acquired 49% in July 2016, Mirova now owns 95% of the two wind farms on the Adriatic coast. Mirova-Eurofideme 3 is managed by Mirova, an affiliate of Natixis Global Asset Management […]
Green Economy Congress to take place in Belgrade, early November
Green Economy Congress 2017 titled “Mapping the Green Economy Momentum in Post-Industrial Era” will take place in Belgrade, Serbia’s capital from November 2-4. The congress will gather green economy leaders from around the world dedicated to development and promotion of green economy model and initiatives, says the organizer. The three-day gathering, hosted by civil society organizations […]