Poor predictability makes RES unattractive to investors

The Romanian renewable energy sources (RES) sector is unattractive to investors, said representatives of the Renewable Energy Producers Organization in Romania (Patres) on the occasion of their annual meeting, when they also debated legislative news, Business-review.eu reported. George Niculescu, the executive director, believes that the biggest concern are the frequent legislative changes that occur suddenly […]

KfW willing to support hydro projects and energy efficiency

Prime Minister Milo Đukanović met in Berlin with senior officials of KfW Development Bank Christoph Tiskens and Kirk Mildner, Government of Montenegro said on its website. One of Germany’s leading banks is willing to strongly support Montenegro’s development, the KfW’s representatives said. In that context, the meeting addressed future cooperation mechanisms and assistance to build […]

Interest-free loans in Société Générale for Ceresit facade

Henkel’s Ceresit brand agreed with Serbian branch of Société Générale bank to launch a second subsidized consumer loan programme for the purchase of company’s facade material, BetaOMS advertising service said. The energy efficiency initiative brings zero interest rate during the cycle of 12 months, and the material can be bought in Ceresit Mix shops. The […]

Government supports 28 large PV projects this year

Turkey’s economy ministry has decided to support solar energy investment incentives, following promises made by the governing Justice and Development Party (AKP), TRT World portal reported. The government gave 28 incentive certificates for solar energy, out of 35 overall energy production projects this year, according to its regular data release in February. The country has […]

Hellenic Wind Energy Association joins GWEC

Global Wind Energy Council (GWEC) welcomed the Hellenic Wind Energy Association (HWEA) as a new member of its circle of members promoting wind energy. HWEA, known in Greek as Eletaen, was founded in 1990 by 50 wind energy pioneers including Arthouros Zervos, Dimitris Lalas and Ioannis Tsipouridis. Today, HWEA’s membership boasts over 400 wind energy […]

Electricity, heating power price hike inevitable as of July

Bulgarian Energy Forum chairman Ivan Hinovski told radio Focus that the rise of electric power and heating prices of July 1 is inevitable, Energy World magazine’s portal reported. He added that the hike is reasonable as there are accumulated disproportions in the price of various products in the energy sector. “Heating power subsidizing is crosswise […]

Albania awards two electricity trading licences

National energy regulator said it has awarded an electricity trading licence to local companies Green Energy Trading Albania and GAEA-Energjia Alternative e Gjelbër, SeeNews portal reported. The licence allows the company to operate as electricity trader in Albania for a five-year period, the energy regulator said in a statement posted on its website. The decision […]

EPS invites expressions of interest for consultancy

Electric Power Industry of Serbia (EPS) said it seeks an environmental expert and independent engineer for its small hydropower plants project. The invitation for expressions of interest follows the general procurement notice from July 29. The European Bank for Reconstruction and Development said the power monopoly intends using the proceeds of its loan for a project […]