PPC Renewables, RWE targeting 2 GW solar deal for Greece by year-end
PPC Renewables and German RWE are working on a formal business agreement on joint development of photovoltaic systems in lignite mining areas in Greece while coal facilities are being shut down. The two companies are reportedly eyeing a deal through December. Representatives of Germany’s RWE completed a three-day working visit to Greece, where they visited […]
Who are members of Croatian president’s energy council?
The energy transition council established by Croatian President Zoran Milanović consists of 16 experts from almost all areas relevant to changes in the energy sector. Most of the members come from academia and the civil sector as well as state-owned companies, but there are also representatives of the private sector – consultants and investors in […]
PPC Renewables to make 31 MW biomass power plant in lignite land
A biomass plant will supply the output from as much as 25 MW of its capacity to the Greek grid and use 6 MW for internal purposes, the government said as it gave a green light to the project submitted by PPC Renewables. The Ministry of the Environment and Energy approved the so-called environmental terms […]
Electrica to merge power distribution subsidiaries, energy services units
Romanian electricity supplier Electrica Group is set to merge its three power distribution subsidiaries and two energy services companies. The move has already been approved by the company’s shareholders. The merger of the three electricity distribution subsidiaries – SDEE Transilvania Nord, SDEE Transilvania Sud, SDEE Muntenia Nord – is scheduled for January 1 and the […]
Enel Romania investing EUR 100 million in electricity network modernization in 2020
Enel Romania’s power distribution companies will invest about EUR 100 million during 2020 in electricity network modernization in the capital Bucharest and the ten counties in which they operate. The three E-Distribuţie companies make substantial investments in network modernization every year, according to Gino Celentano, general manager of the three companies, who added that the […]
Greenpeace demands coal phaseout in Bulgaria by 2030
The government in Sofia should look up to Greece in its energy policy, according to Balin Balinov from Greenpeace Bulgaria, who called for a coal exit twenty years earlier than in the national plan. Environmentalists are pointing to the damage from maintaining thermal power plants using the fossil fuel. While the Minister of Energy Temenuzhka […]
Turkey opens integrated solar cell factory within USD 1.4 billion project
Kalyon and China’s CETC built a manufacturing complex in Ankara for all components for solar power panels. The factory worth USD 400 million will supply the products to the company’s 1 GW photovoltaic project in Karapınar in central Turkey. Total investment is planned to reach USD 1.4 billion. Production officially started at Kalyon Group’s facility […]
Greek fossil fuel companies expanding their renewables portfolios
Hellenic Petroleum asked the EBRD for a EUR 75 million loan for a solar power project of 204 MW and its domestic competitor Motor Oil bought a 40 MW wind power plant. Major Greek firms are turning to renewables as energy transition gains traction. The drop in costs for the equipment for green energy production […]
