Another wind park construction to start soon in Bosnia and Herzegovina
Bosna and Herzegovina will soon have another wind park, in Livno municipality. In late October, IMRES Smart Greenergy, the local company, and Turkish engineering firm Enprode signed a deal for the construction of a 51 MW wind farm and for research projects to build a reversible hydroelectric power plant (HPP). Both wind farm and reversible […]
Tender to be called soon for Ljubinje solar plant, mayor claims Austrians planning to invest
The blueprints for a solar power plant have been drawn up, the required documents have been secured to start construction in the town of Ljubinje in the Republika Srpska and the Ministry of Industry, Energy and Mining is due to call a tender for an investor, Ljubinje Mayor Darko Krunić said. Local media reported that […]
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 […]