Zorlu Energy merging its geothermal, renewables businesses for IPO
Zorlu Enerji Elektrik or Zorlu Energy intends to establish a renewables subsidiary and prepare it for an initial public offering. The new company, Zorlu Yenilenebilir Enerji, will focus on geothermal projects, according to the agenda prepared for the general assembly next month. Zorlu Jeotermal Enerji Elektrik, Zorlu Doğal Elektrik and Rotor Elektrik, fully owned subsidiaries […]
Toplane-Sarajevo explore geothermal energy application in district energy system
BiH capital’s district heating utility Toplane-Sarajevo has launched a geothermal energy research project in order to use renewable energy sources in the district heating system. Sarajevo is one of the cities with the most polluted air, not only in the region but also in the world. Toplane-Sarajevo uses natural gas as its main fuel, which […]
TENDERING: Geothermal water exploration areas in Croatia
The Croatian Hydrocarbon Agency issued a public call for bids for four exploration areas. It said the goal is to utilize geothermal waters in Slavonia, Podravina and Međimurje in the north of Croatia for the production of energy. A significant geothermal potential has been proven in the geographical zone of the Drava river valley, the […]
Geothermal cogeneration unit to be installed in Babina Greda in Croatia
Municipal authorities are using EU funds to determine the size and temperature of a well at as much as 3,800 meters underground. A study found the heating potential of at least 27 MW together with the possibility to build a power plant of 1 MW or more in Babina Greda in Croatia. The Vukovar-Srijem County […]
PPC Renewables may partner with Motor Oil, Helector in green energy
Greece’s national electricity producer PPC is leaning on its green energy firm for the transition away from conventional and dirty technology. PPC Renewables is developing geothermal, wind and solar projects and establishing ventures, where domestic companies Motor Oil Hellas and Helector emerged as next likely partners. Government-controlled Public Power Corp. SA or PPC is discussing […]
Priorities in Zagreb city center’s energy transition – Development vision after 2020 earthquake
The Power Engineering and Energy Management Chair at the Department of Energy, Power and Environmental Engineering (Faculty of Mechanical Engineering and Naval Architecture, University of Zagreb) and the North-West Croatia Regional Energy Agency – REGEA The earthquake on March 22, 2020, caused major damage in the center of the city of Zagreb, mostly as chimneys […]
Smart transformation of coal business into geothermal heating, power system by Spanish Hunosa Grupo
Grupo Hunosa, undergoing a transformation away from coal, its basic activity, used geothermal energy from its former mine to build a 6 MW heating and power system. The project in the north of Spain won the Global District Heating Award. The cooperation between Hulleras del Norte SA and the University of Oviedo in Asturias helped […]
Geothermal projects in Turkey paralyzed over COVID-19 shutdown
Supply chain interruptions due to the coronavirus pandemic brought seven projects of 100 MW in total to a halt. Ufuk Şentürk, who is at the helm of the group of investors in geothermal energy in Turkey, said the measures imposed to contain the spread of COVID-19 should lead to the declaration of a force majeure. […]