EIHP exploring geothermal energy helped by Norway
In the next months Energy Institute Hrvoje Požar (EIHP) will explore possibilities for increased using of geothermal energy in Croatia, portal Poslovni.hr reported. Ministry of Regional Development and European funds announced a contract for a EUR 100,000 grant from the Fund for Bilateral Relations financed by the Government of Norway. The institute will cooperate with […]
Funds of EUR 360 million set for grid operation
Turkey made plans to invest TRY 150 million (EUR 47 million) in research and development along with TRY 1 billion liras (EUR 313 million) for improvements of the grid operating system from 2016 to 2020, head of Energy Market Regulatory Authority (EMRA) Mustafa Yılmaz said on Wednesday. Speaking at the fourth International Istanbul Smart Grid […]
Overhaul underway for two large hydropower plants
State-controlled electricity producer Hidroelectrica SA asked its shareholders for approval to start refurbishing the power plant at Mărişelu in Cluj county. Romania’s largest power producer earlier also announced the tender for the refurbishing of the Vidraru power plant. The latter investment is estimated at EUR 80 million, said Remus Borza, the company’s judicial administrator, according […]
Iberdrola orders Gamesa’s wind power software upgrade
After developing the Energy Thrust software, which boosts turbine efficiency, Spanish-based Gamesa Corporación Tecnológica reached an agreement with public utility Iberdrola to install it in 54 wind farms in Spain, Portugal, Italy, Hungary, Romania, Greece and Cyprus with aggregate capacity of 1.6 GW. “This contract reinforces our work as technology experts and value-added operations and […]
German 123, Exzellent eye waste, green power projects
Bernd Imhof and Andreas Jehnert, representatives of German companies 123 Eco-systems GmbH and Exzellent Energie Management, respectively, visited the Foreign Investment Promotion Agency (FIPA) of Bosnia and Herzegovina in order to get information about currently available waste management projects in BiH. The firms are specialized in waste recycling and in manufacturing plants for recycling of […]
ČEZ adds capital to Romanian wind operations
The conversion of a claim against Tomis Team SA into shares resulted in a capital increase of EUR 153 million in Czech utility ČEZ’s projects operating Fântânele-Cogealac wind farm, Romania Journal said in a report. The transaction aimed at reducing the debt of EUR 185 million to the government in Prague, according to Economica.net. Europe’s […]
EBRD mulls support for Gama’s acquisition of two HPPs
The European Bank for Reconstruction and Development (EBRD) said it is considering providing a senior secured loan of up to USD 45 million (EUR 40.1 million) to special purpose vehicle Kremna Enerji ve Ticaret AŞ, fully owned by Gama Enerji AŞ (GEAS), for the acquisition of hydropower plants (HPPs) Karacaören 1 and Karacaören 2 located […]
Increased rainfall boosts hydropower generation
Electricity production from the three biggest hydropower plants in Turkey jumped 150% in the first quarter from the same period of last year, state-owned Elektrik Üretim AŞ’s (EÜAŞ) data revealed, according to a report by Anadolu Agency’s Energy Terminal. Combined electricity output in the first quarter reached 3.7 TWh at Ataturk, Karakaya and Keban hydroelectric […]
