Montenegro ranks concessions for four small hydro projects

The Ministry of Economy of Montenegro said a tender commission has determined the rankings in the procedure of granting concessions for the construction of small hydro stations to produce electricity at locations on four watercourses in the country’s north and central areas, while the offer for Sjevernica was rejected as invalid. First-ranked bidders were selected […]

EBRD sets EUR 100 million for Vakıfbank to on-lend

The European Bank for Reconstruction and Development said it approved EUR 50 million or its equivalent in dollars or Turkish liras to Vakıfbank (Türkiye Vakıflar Bankası t.a.o.) under the Turkey Sustainable Energy Financing Facility 3 (TurSEFF 3). Another EUR 50 million was set under Turkey Sustainable Energy Financing Facility Framework Ext 1 (TurSEFF 2). The […]

Radić: Investors in Balkans seek biomass-fuelled boilers

Key pieces of equipment for L’Oréal’s hybrid trigeneration plant near Burgos in Spain have been designed and installed by company Polytechnik from Austria. The system relies on biomass and solar energy to produce steam, hot and cold water and electricity for the French cosmetics manufacturer’s operations. Viktor Radić from Polytechnik told Balkan Green Energy News […]

No immediate impact of coup on solar power sector

Western analysts are concerned the fallout from the failed military coup of July 15 will weigh heavily on Turkey’s shaky democracy and increase president Recep Tayyip Erdoğan’s authoritarianism, according to an article in PV Magazine’s portal, which notes investors gauge political stability of markets as turmoil lifts expenses. In the short term, the photovoltaic sector […]