FZO BiH praised for energy efficiency revolving fund
The Environmental Fund of the Federation of Bosnia and Herzegovina (FZO BiH) said was recognized by relevant experts in Berlin for being the first in the region to launch a revolving fund to finance energy efficiency projects. The institution participated in the Green Energy Summer School organized by the United Nations Development Programme. The move aims to […]
China’s Betec to begin geothermal research in Vranjska Banja
A town and spa resort in the south of Serbia may get a geothermal heat and power plant with the capacity of 39 MW and 20 MW, respectively, according to the official web page of the City of Vranje. Domestic company Betec Resources d.o.o., founded by Beijing Exploration Technology and Engineering Co. Ltd. from China, […]
Statkraft commits to Turkish market despite turmoil
Christian Rynning-Tønnesen, chief executive of Statkraft AS, denied rumours the company would leave Turkey following the failed military coup attempt in July. In early September he told Anadolu Agency’s Energy News Terminal the potential of renewables in the country as well as the tariff mechanism offer attractive prospects. Statkraft, fully owned by the Norwegian state, […]
State mulls scrapping development of 1 GW hydro plant
The government in Bucharest is considering the option to abandoning a renewable energy project worth EUR 1 billion. Energy minister Victor Grigorescu said Romania’s cabinet is looking for alternatives for hydro pumped storage unit Tarnița – Lăpuștești, designed for 1 GW, as quoted by News.ro on September 7. There are prospects to switch to several […]
Probe finds holes, profiteering in green power subsidies
The Audit Office of the Republic of Cyprus recommended to the state authorities to stop subsidizing the country’s wind farms to avoid further strain on the Renewable Energy Sources Fund and thus the taxpayers. An administrative procedure was conducted after a request in July last year by Andros Kyprianou, leader of the opposition and general secretary of […]
Construction of Vranduk hydropower plant officially begins
A ceremony to mark the start of the construction of a green energy project worth EUR 57.4 million was held yesterday on the territory of the city of Zenica in central Bosnia and Herzegovina. Works on the system which will have a capacity of 19.6 MW were launched in late July. Vranduk HPP, located next […]
Switzerland funds community energy project in Belgrade suburb
Primary school ’Olga Petrov’ in the Belgrade northern suburb of Padinska Skela has been reconstructed respecting the standards of energy efficiency. This project is a part of EUR 8 million project developed and implemented by Swiss Secretariat for Economic Affairs (SECO), city of Belgrade and the Government of Serbia, the Serbian capital’s portal reported last […]
Works start on headrace gallery for Dabar hydro plant
The construction of a new hydropower plant in Nevesinje in the Republic of Srpska began last week with the launch of a project of a tunnel worth BAM 112 million (EUR 57.3 million), Srna agency reported. Total investment into the 159 MW Dabar facility in the southeast of Bosnia and Herzegovina is estimated at EUR 180 million, while expropriation […]