Europe’s largest on-shore wind farm is on sale – CEZ starts divestment in Romania
Czech energy company CEZ has officially launched the divestment process in Romania, offering seven companies in the country including Europe’s largest on-shore wind park Fantanele-Cogealac, with 600 MW of installed capacity. The move comes just days after Italian energy company Enel initiated the sale of its assets in Romania. Romanian state-owned power utilities Electrica and […]
Greece, Slovenia among five EU countries to introduce new fossil fuel subsidies – report
Five EU countries including the UK, Germany, Greece, Poland, and Slovenia are looking to introduce new fossil fuel subsidies by 2030, an analysis of the 28 Member States’ draft energy and climate plans (NECPs) has revealed. In a new report, “Fossil fuel subsidies in draft EU National Energy and Climate Plans: Shortcomings and final call […]
Croatia issues third public call this summer for geothermal exploration
The Croatian Hydrocarbon Agency (CHA) has announced a public call to select the best bid for geothermal energy exploration in the Križevci exploration area, for the purpose of issuing an extraction license for energy use, the third such invitation issued in as many months. The deadline to submit bids is September 7, 2019, according to […]
Porsche lifts stake in Croatian electric car maker Rimac Automobili to 15.5%
Automotive giant Porsche AG has increased its share in Croatian technology and electric sports car company Rimac Automobili to 15.5%, from 10% it acquired in June last year. In May this year, Hyundai Motor Company and Kia Motors Corporation decided to invest EUR 80 million in Rimac Automobili. “As Porsche increases the scale of its […]
Osijek gets EUR 1.77 million for e-mobility project, cycling lane upgrade
The City of Osijek has been handed two contracts on a total of HRK 13.1 million (EUR 1.77 million) in funding for an e-mobility project, which involves setting up a bike-share scheme, and for upgrading two cycling lanes, according to a statement on the city’s website. The e-mobility project involves the procurement of a total […]
Alliance of local communities declares “state of emergency” on Mt. Stara Planina over SHPPs
The Mt. Stara Planina alliance of local communities has declared a “state of emergency” on that mountain due to violations of the laws and the Constitution of Serbia related to the construction of small hydropower plants (SHPPs). The public is already aware of the situation in the village of Rakita, where the state has not […]
Zorlu Enerji, JDECO to install 1.8 MW solar power plant in Palestine
Turkish power producer Zorlu Enerji will install a 1.8 MW solar power plant in the Jericho region of Palestine in cooperation with Jerusalem District Electricity Company (JDECO), according to a press release from Zorlu Enerji. The company and JDECO established a joint venture called ZJ Strong in May, with Zorlu Enerji holding a 75% share […]
Turkey’s MB Holding to build second ORC geothermal power plant in Croatia
Zagreb-based MB Geothermal, wholly-owned by Turkish MB Holding, has signed a contract with Croatian engineering firm Ekonerg to design a binary (ORC) geothermal power plant called Legrad, with an installed capacity of 19.9 MW, in what will be MB Holding’s second major geothermal project in Croatia, according to a press release from MB Geothermal. The […]