Turkey to schedule 1 GW solar tender for third quarter
Turkey plans to complete the tendering procedure for 1 GW in solar power in the next quarter, Turkey’s Minister of Energy and Natural Resources Fatih Dönmez said during the online Turkey Energy Summit. The tendering procedure was first planned for January 2019, but it was later pushed back to April of this year, and then […]
Households in UK are earning money by consuming green electricity
The rise in the share of renewables in the system requires more flexibility to keep the grid in balance. This spring the energy system in the UK was occasionally challenged by the fall in consumption due to COVID-19 and increased production in solar and wind power plants. In order to help overcome the issue, supply […]
Goverment adopts decree to introduce premiums for renewables in Croatia
The Government of Croatia has adopted a decree on quotas to incentivize the production of electricity from renewable energy sources and high-efficiency cogeneration, which marks the introduction of premiums for stimulus. The decree has been adopted on the basis of the energy sector development strategy until 2030, with projections until 2050, and the national energy […]
TENDERING: EBRD seeks consultant for renewable energy auctions in Serbia
Firms and consortiums can submit proposals to the EBRD by June 8 for assistance and advisory services in the preparation and implementation of renewable energy auctions in Serbia. In line with the request from Serbia’s Ministry of Mining and Energy, the European Bank for Reconstruction and Development is open for proposals for assistance in the […]
Limited natural resources and (over)ambitious economic goals (part two)
Author: Danko Kalkan, Green Finance and Environmental Management Expert An economic system focused solely on constant GDP growth as the mother of all goals cannot ensure a sustainable future. What is emerging as a solution is to decouple growth from resource use through circular economy principles. The question of the availability of resources was being […]
Preventing illegal wildlife trade helps avoid zoonotic diseases
COVID-19 is a deadly zoonotic disease and there is an urgent need to reduce the risk of similar outbreaks. Preventing illegal wildlife trade is a good place to start. “Illegal wildlife trade contributes to habitat destruction, which removes necessary buffer zones between humans and wild fauna, making it more likely that animal pathogens come into […]
Corporate power purchase agreements – time to get ready!
Authors: Louise Dalton, Partner, CMS London; Ivan Gazdić, Partner, CMS Belgrade; Igor Đorđević, Attorney-at-Law, CMS Belgrade; Charlotte Rihoy, Trainee Solicitor, CMS London To date, renewable energy projects in the Balkans have been supported by traditional feed-in tariff subsidy schemes (FiT). Certain Balkan countries (e.g. North Macedonia and Bulgaria) have begun to implement alternative schemes, such as […]
Finance in Motion releases impact investment report Road to Impact
In 2019 Finance in Motion advised funds which had facilitated over 70,000 new loans to small businesses and households and were helping prevent the emission of more than 870,000 tons of CO2 every year, according to its annual impact investment report Road to Impact. The asset manager said that by the end of last year […]
