Two 1.5 MW biogas power plants planned near Sombor
Sombor Mayor Saša Todorović signed a cooperation protocol with owners of two farms in city territory’s villages of Aleksa Šantić and Stanišić and with Jozef Balko, owner of Slovakian company Energotex SK s. r. o. from Dolni Kubin for long-term power production from renewable sources, SOinfo.org portal reported. Construction of two biogas-powered plants, of 1.5 […]
Smart grids could be Europe’s shale gas
Infrastructure for balancing intermittent solar and wind energy with flexible power demand could do for Europe what shale gas has done for the United States, European Commission Vice President Maroš Šefčovič said on April 2, EurActiv.com and Reuters reported. Smart grids are crucial for EU single energy market plans as they could integrate more renewables […]
Environment Fund gets 10% from renewables incentives?
The Government of the Republic of Srpska, one of country’s two entities, adopted the Draft Bill on Renewable Energy Sources and Efficient Cogeneration stipulating that the Environment Fund shall get 10% instead of 5% from the money levied as incentives for generating power from renewable sources. The increase wouldn’t burden the consumers paying the fee, […]
IFC leads Akuo’s loan project to finance 77.5 MW wind farm
French green power producer Akuo Energy said it signed a mandate letter with International Finance Corporation (IFC) to finance the erection of the 77.5 MW Bağlar wind farm near Konya. The mandate letter provides for IFC to lead and arrange a syndicate of other multilateral agencies or commercial banks to provide up to EUR 100 […]
Bulgaria’s Solarpro Holding turns to net loss in 2014
Bulgarian provider of products and services for the solar industry Solarpro Holding said it turned to net loss of BGN 993,000 (EUR 507,700) in 2014 from net profit of BGN 57,000 a year earlier, reported SeeNews portal. The company’s revenues grew to BGN 3.9 million in 2014 from BGN 2.6 million in 2013, it said […]
Investment in renewables in EU all but ceased last year
Southern Europe is still almost a no-go area for investors in energy from renewable sources because of retroactive policy changes, most recently those affecting solar farms in Italy, said a press release before the launch of the ninth annual report by United Nations Environment Programme (UNEP). The document entitled ’Global Trends in Renewable Energy Investment […]
Conergy launches solar joint venture
Hamburg-based downstream solar specialist Conergy announced the establishment of a company called RKT Conergy, co-owned with the CO Group from Turkey, aimed at expanding in that country’s market. The joint venture will be led by Heinz-Peter Tienken, Conergy’s Vice President responsible for global engineering and service, and Utku Korkmaz, managing director of RKT, CO’s project […]
Slovenia plans to build Morača hydro plant with Turkey
President of Slovenia Borut Pahor said possibilities for expansion of cooperation with Turkey exist, namely in constructing the Morača hydroelectric power plant in Montenegro, RTV Slovenija said. At his official visit to Slovenia, the president of Turkey Recep Tayyip Erdoğan agreed with his counterpart and emphasized that cooperation could grow stronger mainly in the fields […]
