EBRD co-finances country’s largest geothermal plant
Güriş Holding subsidiary’s Efeler geothermal project put its fourth, 22.5 MW binary cycle unit into use and the company secured a USD 200 million (EUR 180.6 million) loan by the European Bank for Reconstruction and Development, alongside additional 15-year loans of EUR 293.52 million from Türkiye İş Bankası AŞ (İşbank), EUR 117.4 million from Turkiye […]
Future CHP plant should come online in December
Company Energijainvest started the construction of its biomass-fuelled combined heat and power (CHP) plant in the town of Grubišno Polje in Croatia’s northeast. The planned capacity is 3.8 MW, electricity will be supplied to the public grid, while heating will be used by the company. As one of its founders Stjepan Rajnović said, the investment […]
Istanbul to expand its Odayeri waste-to-energy plant
Turkey’s most populated city will fund the capacity extension of Odayeri, the country’s largest waste-fuelled thermal powered facility with TRY 6.5 million (EUR 2.24 million), Anadolu Agency’s Energy Terminal said. Istanbul is preparing to increase the Odayeri plant’s size from 35.4 MW to 45.3 MW, the report said. The plan is to raise daily generation […]
PPC’s subsidiary firm granted trading license
Greece’s main electricity utility Public Power Company (PPC) said its subsidiary firm established in Bulgaria has been granted a trading license by the neighbouring country’s regulatory authority for energy. The subsidiary, which PPC controls with an 85% stake, was founded by the Greek electricity corporation as part of its wider strategy to enter markets in […]
Hunedoara hydro project set to be launched in December
Hidroelectrica, the largest electricity producer in Romania, announced the opening of its hydroelectric power plant in Hunedoara for December. The facility is on the Strei river in Transylvania and is presently 62% complete, portal Business-review.eu reported. The EUR 58 million investment is for 12 MW of installed power capacity. Overall, the still insolvent state-owned company […]
Nation’s biggest hybrid power plant activated in Izmir
Gediz University launched the largest combined solar and wind power system in Turkey. The hybrid electric generator was built on Seyrek Campus in Izmir. The 500 kW facility is located in the 3,000 square meter student car park area. It can meet the electricity demand of around 100 houses, Daily Sabah reported. The project costs […]
Energy ministry starts Albania’s first wind park project in Kurbin
The Government of Albania announced the installation of the country’s first wind power plant in Kurbin area. The plan by the Ministry of Energy and Industry was approved and featured in the official bulletin. An operator is to install the 12 turbines in Kurbin of 92 meters each, at a total cost of EUR 54 […]
Audit reveals lag behind national biofuel targets
National Audit Office has cautioned in a report that the country is failing to meet biofuel production and use targets, Sofia news agency Novinite said. According to an audit of the implementation of the European Union targets from 2008 to 2012, Bulgaria is delaying the adoption of obligatory sustainability criteria for biofuels. Also, consumption of […]
