Wind power industry losses in Romania reaching EUR 1 billion
Ernst & Young (EY) study, commissioned by the Romanian Wind Energy Association (RWEA), showed that the net loss of the wind power industry in Romania for 2015 is EUR 421 million, making the total losses in 2014-2015 up to EUR 909 million. Wind power projects, worth about EUR 5 billion in total, are the most […]
Republic of Srpska and KfW agreed EUR 60 million credit for Hrgud wind farm
The Government of the Republika Srpska approved EUR 60 million credit by German KfW Development Bank for financing the Hrgud windfarm project, as confirmed by the Ministry of finance. State-owned utility Elektroprivreda (ERS) from Trebinje, received 50 years concession for the construction and operation of the Hrgud wind farm in Berkovići municipality a year ago. Now, […]
Serbia finally starts utilizing its biomass potential thanks to UNDP
The results of the project “Reducing Barriers to Accelerate the Development of Biomass Markets in Serbia”, worth USD 30 million, were presented at the conference held as a side event of the Energy fair 2016, traditional manifestation held every year in Belgrade. The project was delivered by United Nations Development Program (UNDP) in partnership with […]
Finnish green energy companies visiting Belgrade
Companies from Finland presented their products and solutions for renewable energy production from biomass and waste management at the industry seminar held in the Finnish ambassador’s residence in Belgrade. Finland is a country well known for its advanced use of biomass for renewable energy, generated mostly from forestry industry, but also from agriculture. Due to […]
EPCG and EPS discussing plans for HPP Komarnica
In the middle course of the Komarnica valley in Montenegro, a 170 MW hydroelectric power plant (HPP) is planned to be constructed. The new plant is expected to produce around 200 GWh of electricity per year. Representatives of the Montenegrin Electric Power Company (EPCG) discussed the matters with project partners, Electric Power Industry of Serbia […]
Biomass, biogas and geothermal getting EUR 100 million boost
A support programme worth more than EUR 100 million has been drafted for investments in less exploited renewable resources, like biomass, biogas and geothermal, portal Energynomics.ro reported. Romanian Ministry of European Fund said the maximum planned grant per project is EUR 15 million. The funds will be provided from the European Regional Development Fund and cofinanced by the state through […]
All rotors installed at Krnovo wind power plant
On Krnovo plateau near Nikšić in central Montenegro, the installation of all 26 wind turbines is complete. According to portal Cdm.me, the exact date of commissioning is yet not known, because it depends on weather conditions. The project worth more than EUR 140 million is implemented by the consortium of Akuo Energy from France and Ivicom Consulting […]
Siemens to deliver turbines for 44 MW wind farm in Croatia
The contract for the supply of wind turbines and rotors for the Zadar VI Extension onshore wind power plant in Croatia was awarded to Siemens. The wind farm, planned for 2017, will have total 44,2 MW of installed capacity. Commissioning of the power plant is planned for summer 2017. The contract between Siemens and the […]