French investor catches Banat wind

Location licence will be awarded soon to French investor IEL OIE Balkan Renewable Energy and the projects are underway for a wind park, says Nemanja Đukić from the Kikinda Municipality Council, daily paper Dnevnik said. He added the 50 MW facility is planned to be launched by 2017. The wind park in Bašaid, according to […]

China’s interest in hydro comes from global strategy

Five Chinese consortia were preparing to win a USD 1.1 billion pumped hydro storage facility, obsolete for 30 years, Greentech Media reported. The selected contractor should launch works on the 1 GW Tarniţa – Lăpuștești hydroelectric power station in Cluj county before the end of the year. Hidro Tarniţa SA, the project developer, claims the five- to seven-year construction […]

15 Romanian companies awarded for promoting sustainable energy

European Bank for Reconstruction and Development (EBRD) and the European Union honored 15 Romanian companies for promoting energy efficiency, reads EBRD’s press release. The EU-EBRD Sustainable Energy Excellence Awards, held in Bucharest on March 19, recognized Romania’s most successful sustainable energy projects financed by the EBRD and the EU. “We are celebrating Romanian companies which […]

Ahmetaj: In 10-15 years, Albania won’t need power imports

On the second day of Albania Oil, Gas and Energy 2015 Summit in Tirana, minister of economic development, trade, entrepreneurship and tourism, Arben Ahmetaj, stressed in a speech that the reforms undertaken by the country’s government in the energy sector have had positive effect on the economy and that the main goals are the reduction […]

Krk island to become energy independent and carbon free

The northern Adriatic island of Krk is set to become Croatia’s first energy independent area free of carbon-dioxide emissions, and by 2030 the island will be completely powered by renewable energy sources, Dalje.com portal said. “We are pioneers in this endeavour in the whole of Croatia,” the CEO of the Ponikve EkoOtok company, Zdenko Kirinčić, […]