Decision makers get acquainted with Pluto initiative
The European Bank for Reconstruction and Development said it presented its innovative financing scheme in support of geothermal energy projects at a three-day IGC Turkey conference. The Pluto initiative, worth USD 125 million (EUR 110 million), provides finance and advice to private developers at exploratory stages in a move to tap Turkey’s significant potential for geothermal energy […]
Public supplier turns to court for electricity debt
National Electricity Company (NEK), Bulgarian government-controlled utility, initiated arbitration and cases in commercial courts against companies EVN Elektrosnabdiavane, ČEZ Electro, and Energo-Pro Sales, which supply power to consumers. Energy minister Temenuzhka Petkova revealed information about the disputes in parliament in an answer to an opposition lawmaker, Mediapool reported. The companies are subsidiaries of Austrian EVN […]
Hydropower plants with 376 MW in total to be privatized
Turkey will sell five hydropower units in Kayseri, Kahramanmaraş and Tokat in the central part of the country, the Official Gazette said, as reported by Anadolu Agency’s Energy News Terminal. The Privatization Administration (ÖIB) announced it will privatize the plants in three lots – Çamlıca in Kayseri, Menzelet and Kilavuzlu plants in Kahramanmaraş, and Almus […]
Terna Energy expects EBRD’s loan for green energy projects
A project summary document released by the European Bank for Reconstruction and Development (EBRD) targets a board decision on July 20 for the approval of a senior secured loan of up to EUR 50 million to Terna Energy SA. The package for a project with a total cost of EUR 60 million is considered to […]
Solar panel factory inaugurated in Kosovo*
A plant with the capacity for the production of 200,000 solar panels a year was launched in Slatina by a venture of J. v. G. Thoma GmbH of Germany and local firm J.v.G Jaha Energy. One tenth of volume is for the local market, while the rest will be exported globally, United States Agency for […]
Toshiba to supply geothermal plant with flash turbine
Zorlu Energy – Enerji Elektrik Üretim AŞ, independent power producer and member of Zorlu Energy Group – Grubu, will construct its 95 MW power plant Kızıldere 3 using solutions provided by Toshiba Corp. The Turkish company ordered a flash steam turbine system and generator for its geothermal project in Aydın province of West Anatolia, 150 […]
Italy to use Montenegro as bridge to Balkans energy market
Connecting Italy and Montenegro by a submarine power cable is a priority for Terna SpA, company’s chief executive Matteo del Fante said. In a statement carried by Dnevne novine, he also marked the Balkan country as a bridge that will allow Italy to enter the Balkans energy market. The focus of the Italian company in […]
Enel to install 110,000 smart meters this year
Enel plans to install meters for all of its 2.7 million clients in Romania, in order to pave the way for smart cities and infrastructure, Business Review reported. The Italian utility’s Romanian subsidiary got approval from the National Energy Regulatory Authority (ANRE) to install another 110,000 smart meters as part of a pilot programme. Last […]
