EBRD to support renewable energy projects in Greece
The European Bank for Reconstruction and Development (EBRD) will support one of the leading Greek renewable energy companies Terna Energy S.A. with EUR 50 million to develop projects in Central Greece. Terna Energy will invest a total of EUR 60 million in the development, construction and operation of renewable energy projects in Greece. One of […]
Serbia’s Priboj starts using biomass for public heating
Municipality of Priboj in south-western Serbia has made an important step towards sustainable economy, as one part of its public heating system is now powered by biomass instead of the fossil fuels. The project of heating plant transformation was supported by the Ministry of Agriculture and Environmental Protection and German international development organisation GIZ, all […]
Draft energy permit for Vranduk HPP approved
The Federal Ministry of Energy, Mining and Industry has greenlighted the draft energy permit for the construction of the hydropower plant (HPP) Vranduk on the river Bosna. The draft energy permit is granted to Elektroprivreda BiH (EPBiH) for the construction of Vranduk HPP with the installed capacity of 19.63 MW and the planned annual electricity […]
Chinese to present offer for HPP Dabar in next four months
China International Water & Electric Corporation in next four months will present its technical and financial proposal for the construction of the hydropower plant (HPP) Dabar in Nevesinje, the Republic of Srpska. During his visit to Beijing, President of the Republic of Srpska Milorad Dodik was informed that China International Water & Electric Corporation (CWE) […]
EnGoPlanet lights up Las Vegas using Smart Street Lights
The city of Las Vegas, Nevada has installed the experimental street lights created by EnGoPlanet. The main source of energy for the Smart Street Lights are solar panels and pedestrian footsteps. These street lights could offer a solution for the cities struggling to secure street lights. Built in the Nevada desert, Las Vegas is best […]
World Bank supports geothermal energy development in Turkey
The World Bank supports Turkey with USD 289.8 million to encourage private sector investment in geothermal energy development. Geothermal energy projects in Turkey will be supported with an IBRD loan of USD 250 million and a Clean Technology Fund grant of USD 39.8 million, reported Anadolu Agency. The World Bank’s Board of Directors approved a […]
EPS invests EUR 500 million in hydropower
Electric Power Industry of Serbia (EPS) will invest about half a billion euros in the modernisation of hydropower plants (HPPs) by 2025 announced Aleksandar Jakovljević, Director of the EPS Directorate for Strategy. Hydropower plants produce one third of EPS total electricity production. They were built from 26 to 60 years ago, so EPS plans to invest EUR […]
NIS, Betec sign cooperation agreement on geothermal energy
Serbian energy company NIS Gazprom Neft and the Chinese Betec Group Ltd. have signed a co-operation agreement on developing geothermal energy projects in Serbia. The two companies have joined forces to develop geothermal active areas plan to build power plants in northern Serbia “based on the well head power plant technology,” says the NIS statement. The […]