EBRD invests USD 100 million in renewable arm of Turkey’s IC Holding
The EBRD is investing USD 100 million in a stake of Ictas Surdurulebilir Enerji Yatirimlari, the renewable subsidiary of Turkey’s IC Energy Holding. The Turkish company plans to invest EBRD funds in wind farms and solar power plants with a combined capacity of up to 250 MW. The agreement was inked on the sidelines of […]
Macedonian activist wins Goldman Environmental Prize
The Goldman Environmental Foundation has announced six recipients of the 2019 Goldman Environmental Prize, the world’s foremost award for grassroots environmental activists, according to a press release from the foundation. One of the awards has for the first time gone to North Macedonia, to Ana Colovic Lesoska, who has successfully campaigned to halt international lending […]
Slovenia pays EUR 135 million in renewable energy, CHP subsidies in 2018
Slovenia’s support payments for electricity from renewable energy sources and high-efficiency cogeneration (combined heat and power – CHP) reached EUR 135.1 million in 2018. The largest amount, EUR 62.8 million, was paid to owners of solar power plants, while fossil fuel CHP generated the biggest share of energy – 320.5 GWh. According to Slovenian power […]
ERS to build 1,000 MW renewable energy power plants over next 10 years
Public power utility Elektroprivreda Republike Srpske (ERS) aims to invest EUR 1.25 billion in 1,000-MW renewable energy power plants over the next 10 years, said ERS general manager Luka Petrović. As the company has an enormous potential to use renewables, the ERS strategy is to build 1,000 MW renewable energy power plants over the next […]
Albania to terminate 17 concession contracts for hydropower projects
Albania’s Ministry of Infrastructure and Energy has found 9 more cases of contract violations during its review of concession agreements for hydropower plants (HPPs). This amounts to 17 concession deals the ministry has started severing, the ministry said on its website. The ministry did not reveal the names of investors in question, the location of […]
NGOs call for designation of no-go zones for construction of hydropower plants
Non-governmental organizations (NGOs), government representatives, experts, hydropower developers, and the local community gathered at an international conference in North Macedonia to discuss challenges and solutions concerning nature protection and hydropower projects in the country, according to a joint press release from NGOs Front 21/42, Riverwatch, and EuroNatur. At the conference, the first ever national approach […]
Energy Community receives complaint against Albania over Kalivac, Pocem hydropower plants
EcoAlbania, Riverwatch and EuroNatur have sent a complaint to the Energy Community (EnC) against the Albanian Government over procedures for the Kalivac and Pocem hydropower projects. The three civil society organizations behind the campaign for the protection of the Vjosa River have raised concerns that the procedures for the two hydropower plants (HPPs) are not […]
All Bulgarian rivers damaged in some way, 200 HPPs approved on top of 270 built – WWF
All Bulgarian rivers and their tributaries have been adversely affected by pollution, drought, wastewater, extraction of inert materials, and hydropower plants (HPPs), the World Wide Fund for Nature (WWF) has warned. A total of 270 hydropower plants have been built on the country’s 325 rivers, while 200 more HPP projects have been approved in the […]