Akuo’s Scotto: Power prices can only be tamed with renewables, storage
Eric Scotto from Akuo Energy said renewables are the only option for easing power price volatility and stressed that storage is essential
Update: Akuo to build solar park of up to 400 MW in North Macedonia
Akuo Energy's project Solar Park Stipion was declared a strategic investment in North Macedonia. The investment is valued at EUR 270 million.
Serbia to double share of renewable energy, reach 40% by 2040 – minister
Serbia’s share of renewable energy sources in final energy consumption is now 20%, compared to the 27% target for 2020.
IEL OIE Balkan Renewable Energy, Akuo to start construction of Bašaid wind farm in 2021
Start of the construction of the 85 MW Bašaid wind farm near Kikinda and a geothermal plant is planned for next year.
EUR 8 million in incentives paid to Montenegrin renewables producers in January-July
Producers of electricity from renewable energy sources in Montenegro received a total of EUR 8.08 million in state incentives in the first seven months of 2019, an increase of 3% compared with the same period last year, according to data from the Montenegrin Electricity Market Operator (COTEE), RTCG has reported. Krnovo Green Energy’s wind farm […]
France, Serbia sign documents on Belgrade waste project, Bašaid wind farm, geothermal energy
During French President Emmanuel Macron’s visit to Serbia on July 15-16, the two countries signed several contracts, memoranda, and agreements on cooperation in the waste sector, the construction of wind farms, geothermal energy utilization, and electricity transmission. Beo Čista Energija and public heating utility Beogradske Elektrane signed a 25-year contract on the purchase of heat […]
Akuo Energy unveils Grubišno Polje cogeneration plant
The Energostatik cogeneration plant in Grubišno Polje, a EUR 34 million investment by France’s Akuo Energy, has started operating at full capacity, according to Grubišno Polje’s official portal. The cogeneration heat and power (CHP) plant will produce 5 MWh of electricity and 6.5 MW of heat energy. The French company also invested in the construction […]
Montenegro to buy part of transmission network from Krnovo wind farm
The Government of Montenegro has decided to purchase a part of the power transmission infrastructure which France’s Akuo Energy has built for its Krnovo wind farm. A European Union grant of EUR 5.8 million has been secured for the transaction. The 110/35 kV Brezna substation with a connection to the existing Nikšić-Brezna transmission line, as […]