German–Turkish partnership launches wind power plants
Borusan EnBW’s two aeolic parks in the provinces of Mersin and Çanakkale began operations, while additions to an existing wind power plant in the province of Balıkesir increased the facility’s capacity by 30 MW, bringing the partnership’s wind facilities to 246 MW, Today’s Zaman reported. The main mission of Borusan EnBW’s energy is to benefit […]
Alcazar Energy gets support for green energy projects
IFC, a member of the World Bank Group, announced its investment of USD 25 million (EUR 22.7 million) in a pioneering power company, to help develop a series of renewable energy projects in the Middle East, Turkey, and Africa, spurring economic growth and helping meet the growing demand for power. IFC’s equity investment will help […]
Wind power deployment proportional to incentives
Turkey added 804 MW in wind turbine capacity last year, and ranked tenth in the global scale, European Commission’s Joint Research Center published in its third annual report, signed by Roberto Lacal Arántegui and Javier Serrano González. Nine countries in the first tier increased wind energy installations by more than 1 GW, led by China […]
Bogdanci 36.8 MW wind farm starts regular operation
ELEM (Macedonian Power Plants) said the country’s first wind power plant with 16 turbines has commenced the regular generation of electricity. Bogdanci facility is worth EUR 55.5 million and it is expected to generate over 100 GWh a year, enough to meet the needs of 60,000 people, according to a report on Reve review’s website. […]
Erste: Romania on hold, focusing on Croatia, Serbia
Due to the volatility of the incentive scheme and the continuous regulatory changes, the financing of new projects in Romania is not an option for the moment for Erste Group Bank AG, Markus Kriegler, its head of project finance, told SeeNews in an emailed interview. Erste is looking into backing mainly small hydro, biogas and […]
EBRD co-finances country’s largest geothermal plant
Güriş Holding subsidiary’s Efeler geothermal project put its fourth, 22.5 MW binary cycle unit into use and the company secured a USD 200 million (EUR 180.6 million) loan by the European Bank for Reconstruction and Development, alongside additional 15-year loans of EUR 293.52 million from Türkiye İş Bankası AŞ (İşbank), EUR 117.4 million from Turkiye […]
Energy ministry starts Albania’s first wind park project in Kurbin
The Government of Albania announced the installation of the country’s first wind power plant in Kurbin area. The plan by the Ministry of Energy and Industry was approved and featured in the official bulletin. An operator is to install the 12 turbines in Kurbin of 92 meters each, at a total cost of EUR 54 […]
Turkish companies don’t claim Gazivode
Kosovo Energy Distribution Services (KEDS) told Vesti newspaper it does not claim Gazivode hydropower plant complex in Kosovo*. The company is owned by Turkish companies Çalık and Limak since 2013, but the power infrastructure at the site is controlled by EPS (Electric Power Industry of Serbia). „Our company is in electric power distribution, maintaining equipment […]
