Sustainable Energy Initiative mainstreams renewables
Under the framework of its Sustainable Energy Initiative, the European Bank for Reconstruction and Development funded renewable energy generation with about EUR 4 billion between 2006 and the end of 2014, says Nandita Parshad, EBRD Director, Power and Energy Utilities. In an interview with Balkan Green Energy News, she underscored the challenges coming from changing […]
An overview of the Turkish photovoltaic market
By Qendresa Rugova, Burg Capital GmBH, Vienna esa.rugova@burgcapital.com Driven by steady economic growth, the Turkish power market has experienced tremendous progress over the past decade with power generation assets doubling from around 37 GW in 2000 to the current level of 70 GW. This expansion, however, has also led to an increased reliance on imported […]
Watchdog pre-licences largest biomass facility
Turkish Energy Market Regulatory Authority (EMRA) gave the preliminary go-ahead for the construction of the country’s biggest biomass-fuelled power plant, Enerji Enstitüsü reported. Agricultural producer Mutlular Group’s subsidiary plans to install 30 MW of capacity by the end of next year in Balıkesir in Turkey’s midwest. Paddy stems from rice fields will be the main […]
Projected renewables’ boom depends on grid development
A number of cross-border and internal power lines in the region, as well as the extension of Chaira pumped hydroelectricity storage are crucial for market connectivity and integration of renewable energy sources, European Network of Transmission System Operators for Electricity (Entso-E) pointed out in an updated draft of its grid development plan. Expected renewable energy […]
USTDA strengthens support for geothermal energy
United States Trade and Development Agency (USTDA) awarded a grant to Turcas BM Kuyucak Jeotermal Elektrik Üretim AŞ (TBK), a Turkish joint venture owned primarily by BM Holding and Turcas Energy Holding. The grant funds a feasibility study that will evaluate the technical and financial specifications for a geothermal energy project with a capacity of […]
Geothermal heating for smartphone-controlled garden
Prototype greenhouses have been developed by the Technological Educational Institute (TEI) of Thessaly within the LIFE+ programme co-financed by the European Commision, Athens–Macedonian News Agency said. In a report published by E-typos.com, project coordinator Alex Papachatzis noted the utilization of geothermal heat pumps reduces the use of solid fuels by up to 75% at times, […]
Wind project Zelengrad–Obrovac becomes operational
An investment of EUR 50.56 million in a wind park in northern Dalmatia with 42 MW of capacity was completed and set into motion, Večernji list newspaper said. Turbines with an additional 12 MW of capacity will be installed in Zelengrad–Obrovac wind park in the second phase. EnerCap Capital partners, the fund manager based in […]
IFC finances energy efficiency with NLB Prishtina
Cooperation to increase investments in energy efficiency for small enterprises and households in Kosovo* was established between International Finance Corporation, a member of the World Bank Group, and NLB Prishtina, part of the largest banking group in Slovenia. According to IFC’s press release, the organization will support the local bank in improving its capacity to […]