IRENA: South East Europe has vast renewable energy potential of 740 GW
South East Europe has huge potential of renewable energy equal to about 740 GW, according to a new study from the International Renewable Energy Agency (IRENA). The report “Cost-Competitive Renewable Power Generation: Potential across South East Europe” was released at a high-level meeting preceding the opening of the seventh session of IRENA’s Assembly in Abu […]
Serbia invites consultants for a project to promote the use of biomass
The Ministry of Mining and Energy of Serbia announced an invitation for independent consultants on the project for promoting the use of biomass in district heating and cooling (DHC) systems. The program called “Promotion of Renewable Energies: Developing the Biomass Market in Serbia” was launched to facilitate a switch from fossil fuel to more environment […]
Investor gives up building HPP in Velebit Nature Park
The company “Hydroelectric power plants” gave up construction of a small hydropower plant (SHPP) on the river Krupa in Velebit Nature Park, which was welcomed by a number of associations for the protection of nature, according to the World Wide Fund for Nature (WWF). “’Hydroelectric power plants’ informed the Ministry of Nature Protection and Energy […]
Shower of requests for energy permits for PV power plants in BiH
Federal Ministry of Energy, Mining and Industry of Bosnia and Herzegovina (BiH) announced that 14 companies filed requests for energy permits. The investors request new energy permits or the renewal of existing ones which are needed for the solar photovoltaic (PV) power plants construction. As reported on the website of the Ministry, the general public […]
Cost of capital for onshore wind and solar investments mapped
Investments in wind and solar energy in Southeast Europe did not increase even though the cost of capital decreased in 2014-2016, which is why stable policy schemes have to be designed at European and national level, according to the “Pricetag” study funded by the European Climate Foundation. The “Pricetag” project examined the cost of capital […]
Quota for energy promoted through green certificates decreased
Mandatory renewable energy quota promoted through green certificates in Romania has been decreased by about one third by government decree. In 2017. the quota will be 8,3 percent of Romania’s gross final consumption, compared to 12,5 percent in 2016. The decision will come into effect after the next government of Romania, where parliamentary elections were held on […]
Consultant for Western Balkans energy efficiency program needed
The European Bank for Reconstruction and Development (EBRD) plans to establish the Western Balkans Green Economy Financing Facility with a total of EUR 85 million to finance residential energy efficiency and small-scale renewable energy investments. To support the implementation of the facility, the EBRD will engage a consulting company which will carry out the facility […]
Greece expects EUR 1.5 billion investments in wind energy
Ten corporations and their associates are set to invest around EUR 1.5 billion over the next three years for the development of wind-energy facilities with a total capacity of 1.400 MW. The majority of these projects are being planned by the ten biggest renewable energy players in the Greek market or smaller firms planning partnerships […]