North Cyprus needs cable from Turkey, minister says
North Cypriot minister for environment and natural resources Hakan Dinçyürek pointed to the lack of variety in energy sources in the Turkish Republic of Northern Cyprus, a self-declared state officially recognized only by Turkey. Addressing the Intercontinental Wind Power Congress organized by the Turkish Wind Energy Association and the European Wind Energy Association in Istanbul, […]
Interim deal to keep managing EPCG with A2A
The Government of Montenegro and Italian company A2A, leading shareholders of the Montenegrin electric power industry EPCG, have agreed on an interim agreement for a period of three months, following the expiry of the contract, Independent Balkans News Agency reported. The A2A will continue managing EPCG in the same way it was set out in […]
Two 1.5 MW biogas power plants planned near Sombor
Sombor Mayor Saša Todorović signed a cooperation protocol with owners of two farms in city territory’s villages of Aleksa Šantić and Stanišić and with Jozef Balko, owner of Slovakian company Energotex SK s. r. o. from Dolni Kubin for long-term power production from renewable sources, SOinfo.org portal reported. Construction of two biogas-powered plants, of 1.5 […]
Smart grids could be Europe’s shale gas
Infrastructure for balancing intermittent solar and wind energy with flexible power demand could do for Europe what shale gas has done for the United States, European Commission Vice President Maroš Šefčovič said on April 2, EurActiv.com and Reuters reported. Smart grids are crucial for EU single energy market plans as they could integrate more renewables […]
Environment Fund gets 10% from renewables incentives?
The Government of the Republic of Srpska, one of country’s two entities, adopted the Draft Bill on Renewable Energy Sources and Efficient Cogeneration stipulating that the Environment Fund shall get 10% instead of 5% from the money levied as incentives for generating power from renewable sources. The increase wouldn’t burden the consumers paying the fee, […]
İşbank joins EBRD’s home energy efficiency programme
The USD 350 million financing facility launched by the European Bank for Reconstruction and Development (EBRD) and the Clean Technology Fund (CTF) was joined by İş Bankası AŞ (İşbank), headquartered in Levent, Istanbul. The purpose of the programme is to boost investment in energy efficiency improvements for homes, EBRD said. The Turkey Residential Energy Efficiency […]
IFC leads Akuo’s loan project to finance 77.5 MW wind farm
French green power producer Akuo Energy said it signed a mandate letter with International Finance Corporation (IFC) to finance the erection of the 77.5 MW Bağlar wind farm near Konya. The mandate letter provides for IFC to lead and arrange a syndicate of other multilateral agencies or commercial banks to provide up to EUR 100 […]
Bulgaria’s Solarpro Holding turns to net loss in 2014
Bulgarian provider of products and services for the solar industry Solarpro Holding said it turned to net loss of BGN 993,000 (EUR 507,700) in 2014 from net profit of BGN 57,000 a year earlier, reported SeeNews portal. The company’s revenues grew to BGN 3.9 million in 2014 from BGN 2.6 million in 2013, it said […]
