EBRD funds renewables in Greece with EUR 300 million
The European Bank for Reconstruction and Development (EBRD) announced the establishment of an investment framework worth EUR 300 million to finance renewable energy projects in Greece. The Greek Renewable Energy Framework (GREF) will also finance electricity grid modernization and expansion investments that enable renewables integration in the Greek system. GREF responds to the country’s target […]
Croatian HEP wins auction for transfer of electricity from renewables in Slovenia
Croatian state-owned utility company Hrvatska elektropivreda d.d. (HEP) has won the auction in Slovenia for the transfer of electricity from renewables for the entire ECO Group during 2017. HEP will be licensed to transfer all the electricity generated in the power plants that are part of the ECO Group system during the course of 2017. […]
SunRise PV Systems wins second round tender in Jordan
Project developers eager to set up solar photovoltaic power projects in Jordan took a shot at the lowest-ever tariff in the second round tender under the country’s solar power program, and SunRise PV Systems of Greece came out on top, Cleantechnica.com portal reports. Jordan allocated 200 MW of projects in the second round auction after a total of […]
Bulgaria reluctant to join regional auction platform
Plans to create a single European cross-border capacity auction platform is holding back the Bulgarian transmission system operator from joining the regional platform. This is despite the fact a joint European auction platform might only be operational by 2019, petrochemical market information provider ICIS reported. At a recent industry event, Victoria Popovska, head of the […]