Montenegro to start phasing out feed-in tariffs for renewables in 2020
The Government of Montenegro has decided to start gradually reducing feed-in tariffs for renewable energy sources as of January 1, 2020, and announced it will continue to promote the construction of wind farms, solar power plants, and large hydropower plants without guaranteed incentive prices, Montenegrin media reported. The government has adopted regulations that will put […]
ProCredit Bank is first buyer of green energy with guarantees of origin in Serbia
Serbia’s public power utility Elektroprivreda Srbije (EPS) and ProCredit Bank have signed the country’s first contract for the sale of renewable energy with guarantees of origin. The two companies have signed an annex to the contract to issue a certified guarantee to the bank that EPS will deliver only electricity generated in hydropower plants (HPP), […]
How world’s favorite toy maker achieved its 100% renewable energy target
As Lego’s products hide in gift wrapping under Christmas trees around the world, it is worth recalling that the Danish toy company has achieved its 100% renewable energy target, three years ahead of schedule. Lego has achieved its renewable energy target, which means it balances 100% of its energy use with energy from renewable sources. […]
Velika Ciglena geothermal power plant starts operation
The Velika Ciglena geothermal power plant, the first in Croatia and the largest Organic Rankine Cycle (ORC) system in Europe, with a capacity of 17.5 MW, has started operation. The investor is Turkish construction company MB Holding. MB Holding received a permit to build the geothermal power plant in 2015, under an investment estimated at […]
Recycling firm Integra Plastics building EUR 40 million plant
Bulgarian polyolefin recycling company Integra Plastics has started building a EUR 40 million plant in the town of Elin Pelin, on the outskirts of the capital Sofia. Integra CEO Julian Belev said in an interview with Bloomberg TV Bulgaria that the plant is expected to open in February 2019 and employ 85 highly qualified members […]
Electricity prices across the region to increase by up to 40% in 2019
Electricity prices for businesses went up in Croatia this year, while hikes have been announced for 2019 in Serbia, of about 20%, and Bosnia and Herzegovina (BiH), of around 15%. At the same, wholesale prices in Romania could increase by 40%. Electricity supply for the business segment in the region has been liberalized, and state […]
Norway’s Statkraft seeks to build floating solar power plant in Albania
Norway’s state-owned Statkraft, the world’s largest hydropower company and Europe’s largest generator of renewable energy, has filed a request to build a floating solar power plant in Albania, according to reports citing Albania’s energy ministry. Statkraft, which produces hydropower, wind power, solar power, gas-fired power, and supplies district heating, has been operating its first hydropower […]
2018 tracks progress for sustainability in Energy Community Contracting Parties
Author: Irina Lazzerini, Sustainable Energy Expert, Energy Community Secretariat When opening the Energy Community homepage, the first information that captures the reader’s attention is the mission of the organization: creating an integrated and sustainable pan-European energy market. And indeed, during the last few years, sustainability has increasingly become a pivotal consideration when designing and adopting […]