Solar PV takes top share of Slovenia’s RES/CHP support payments in H1
Slovenia’s support payments for electricity produced from renewable energy sources and high-efficiency cogeneration (combined heat and power – CHP) stood at around EUR 65.6 million, not including VAT, in the first half of 2019, down 6% year-on-year. According to data from power market operator Borzen, the total electricity production within Slovenia’s support system for RES/CHP […]
MK Group to invest EUR 8.1 million in biogas power plant
MK Biogas, a subsidiary of MK Group, intends to invest EUR 8.1 million in a 2.4 MW biogas power plant, which should be eligible to receive feed-in tariffs. The project design is under way, while the launch of construction of the plant near the City of Vrbas is planned for September and the beginning of […]
Montenegro scraps feed-in tariff surcharge
The Montenegrin government has decided to abolish the surcharge paid by consumers through electricity bills to fund the feed-in tariff scheme for privileged power producers. The funds collected through the surcharge will instead be secured through coal excise duty. Answering MPs questions in the parliament, Prime Minister Duško Marković said the abolition of the surcharge […]
Čibuk 1, Serbia’s largest wind farm, fully constructed
Construction has been completed on the 158 MW Čibuk 1, Serbia’s largest wind farm, according to a news release from one of the financial institutions that approved a loan for the project. The wind farm has started trial production. Čibuk 1, with 57 wind turbines, “is fully constructed,” reads a news release from the European […]
Premiums as support measure for investors in renewable energy projects in North Macedonia
Authors: Aleksandar Josimovski and Ana Bozarova, Attorneys at law engaged by Petrikic & Partneri AOD in cooperation with CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH The North Macedonian market is currently one of the hot spots for investments in renewables in the CEE region. Both the institutional investors and the financiers have shown a great deal of […]
Feed-in tariff surcharge not to be increased in 2019
The Serbian government has decided not to increase the surcharge paid by electricity consumers through electricity bills to fund the feed-in tariff scheme for privileged power producers. As a result, the surcharge will remain unchanged at RSD 0.093 per kWh in 2019. The feed-in tariff surcharge is calculated by multiplying the surcharge amount with the […]
Renewable energy auctions to be mandatory for Energy Community from 2020
Renewable energy auctions will be mandatory for the Energy Community Contracting Parties from next year, Energy Community Secretariat Director Janez Kopač said, while Aleksandar Antić, the Serbian energy and mining minister, said that Serbia should prepare a bankable model for auctions by mid-2019. During a presentation of Serbia’s progress on the implementation of the Energy […]
Mercedes-Benz signs Germany’s 1st corporate renewable PPA
Carmaker Mercedes-Benz has signed Germany’s first corporate renewable Power Purchase Agreement (PPA), as part of plans to supply all its German plants with CO2-neutral energy by 2022. According to a press release from the carmaker, Mercedes-Benz will buy wind power for its German operations through a corporate renewable PPA signed with Norway’s state-owned Statkraft, Europe’s […]
