Investments in light of emerging security of supply

The 8th Annual Balkan Energy Finance Forum, scheduled for October 20–21 in Belgrade, will unite key players from across the energy industry, from both private and public sectors, tackling key issues facing market developments in light of current sector transformations and the emerging security of energy supply, EEL Events said in the announcement of the […]

News July 28, 2015

Geothermal power generation launch set for 2017

Turcas Petrol AŞ, based in Istanbul, plans to invest UDS 65 million (EUR 58.84 million) in a geothermal project in Aydin province and start generating power in 2017 as part of its joint long-term transformation strategy with Azerbaijan’s Azalternativenerji to invest in renewables in both countries, the company’s chief executive officer Batu Aksoy said. A […]

News July 27, 2015

Proposals drafted to reignite photovoltaic sector

HELAPCO  (Hellenic Association of Photovoltaic Companies) has forwarded a letter to the newly appointed Production Reconstruction, Environment and Energy Minister, Panos Skourletis, containing a list of proposals intended to reignite activity in the local photovoltaic market. The organization, sent a list of proposals and included the establishment of a tariff for systems of up to […]

News July 27, 2015

Solar bench for charging gadgets installed in Larissa

Dimitris Haidas, industrial designer and artist, constructed his prototype solar bench, Energypress.Gr reported. The project’s author is an associate of the Department of Wood and Furniture Design and Technology in Larissa’s Technological and Educational Institute. The wooden bench, similar to ones already installed in the last several years in Serbia, Croatia and Bosnia and Herzegovina, […]

News July 27, 2015

More progress with paperwork for Brodarevo HPPs

Reservoir Capital Corp. reported positive development in construction permitting for its Brodarevo hydroelectric projects. The company said it has been engaged in the updating of documentation in recent months to comply with changes to Serbia’s planning and construction laws introduced earlier in the year. In recent weeks, Reservoir secured positive opinions regarding the issue of […]

News July 27, 2015

HSE joins Intercontinental Exchange to trade power

The HSE Group (Holding Slovenske elektrarne d.o.o.), the largest Slovenian organization in the area of power generation and the largest producer and trader with electricity on the wholesale market in Slovenia, became a member of Intercontinental Exchange (ICE), a network of markets and clearing houses founded in Atlanta in 2000, which runs 23 platforms throughout […]

News July 27, 2015

Equity and cash fund acquisition of solar parks

Transeastern Power Trust, a Toronto-based investor in renewable energy assets chiefly in Romania and Eastern Europe, said it closed the previously announced acquisition of two photovoltaic plants in Romania and a CAD 5 million (EUR 3.44 million) secured debt facility provided by Sprott Resource Lending Partnership. The aggregate purchase price (net of assumed debt) for […]

News July 27, 2015

Energy efficiency incentives give boost to economy

Sven Müller, head of the Environmental Protection and Energy Efficiency Fund of Croatia, visited hotel Maestral in Novigrad with ministers for environment and tourism Mihael Zmajlović and Darko Lorencin. The facility, located in Istria peninsula in the country’s west, is owned by company Laguna, which will introduce energy efficiency mesures and energy from renewable sources […]

News July 24, 2015