EBRD awards sustainable energy projects
In a ceremony in Istanbul, the European Bank for Reconstruction and Development and partners have awarded the best energy efficiency and renewable energy projects financed in Turkey through the Mid-size Sustainable Energy Financing Facility (MidSEFF). The programme, supported by the European Union and the European Investment Bank, provides funds to Turkish banks. EBRD is expanding […]
Armed conflict makes Statkraft write off hydro project
As fights between government forces and the rebels intensified in southeastern Turkey, Statkraft stated in its quarterly results it decided to suspend most of the construction works for the Çetin hydropower plants on the Botan river. The two facilities planned for total capacity of 517 MW are the Norwegian company’s biggest project outside the home […]
Project design for hydropower plant may take one year
Construction works on the Buk Bijela hydroelectric plant on Drina river should commence this year, said Petar Đokić, minister of industry and energy in the Government of the Republic of Srpska. He added there was determination and that the situation will be different by the middle of the year. Numerous stories that the government does […]
Končar to revitalize hydropower plant in Kenya
Following a public tender Končar – Power Plant and Electric Traction Engineering (KET) signed a contract with Kenya Electricity Generating Company (KenGen) for the revitalization project of hydropower plant Kamburu (3×37 MVA) worth almost EUR 14 million. Končar said its firm will deliver electrical equipment, including the rehabilitation of the three generators, while the turbine […]
Transeastern acquiring hydro, wind projects
According to a letter of intent, Transeastern Power Trust from Canada will take over three operational small hydropower plants in Romania with an overall capacity of 3.65 MW. The company announced a transaction, calculated on a debt-free basis of CAD 7.5 million, or EUR 5 million. On February 1, Transeastern announced a proposed acquisition of […]
Municipality to acquire small hydropower plant
Western Serbian Municipality of Nova Varoš set RSD 100 million (EUR 891,000) for the purchase of a small hydropower plant from the army, while according to estimates, a similar amount will be needed for the rehabilitation of the pipeline and new equipment, according to local portal Glas zapadne Srbije. The municipal assembly voted to buy […]
First day-ahead power market starts operations
Croatian Power Exchange Ltd., CROPEX and European electricity market Nord Pool announced the launch of the first day-ahead power market in Croatia. The start follows end-to-end testing period during January, the press release said. It comes as a result of a 2015 agreement by Nord Pool to service CROPEX including implementation of systems and operations […]
Ongoing green power projects in worth over EUR 600 million
The Republic of Srpska, one of two entities comprising Bosnia and Herzegovina, has renewable power plant endeavours in implementation amounting to over EUR 600 million, according to Petar Đokić, minister of industry, energy and mining in the government in Banja Luka. The most important hydroelectric facilities are Dabar, part of system of Gornji horizonti, worth […]
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