Investors eyeing potential for floating solar, hybrid plants in Greece
German SINN Power is about to showcase the prototype of a floating solar power plant and its hybrid system utilizing wind and wave energy in Crete, while another German company, BayWa, is said to be looking at possible projects for the technology in Greece. Company BayWa AG is examining the Greek market for opportunities in […]
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 […]
Turkey to launch production at 1.2 GW hydropower plant on Tigris
The Ilısu project, designed for 4.12 TWh per year, is about to partially come online. Turkey has estimated energy production at the biggest hydropower plant on the river Tigris would be worth almost EUR 330 million per year. The first turbine has been tested at what will be the fourth-largest hydropower plant in the country, […]
EPCG’s net profit plunges 35.7% in 2019
Montenegrin state power utility Elektroprivreda Crne Gore’s (EPCG) net profit in 2019 dropped 35.7% against 2018, to EUR 28.3 million, according to EPCG’s annual report. In 2018 the company posted a net profit of EUR 44.1 million. Operating revenues stood at EUR 323 million in 2019, an increase of EUR 20 million compared to 2018, […]
IHA extends deadline for hydropower projects to apply for CHF 1 million
Hydropower project developers and operators in Africa, Asia, Europe, and the Americas, including Albania, Bosnia and Herzegovina, Kosovo*, North Macedonia and Serbia, have a month and a half to apply for CHF 1 million (USD 1.02 million) in funds. The International Hydropower Association (IHA) said the deadline for the Hydropower Sustainability ESG (Environmental, Social and […]
General Electric to make turbines for 1 GW pumped storage HPP in Turkey
In the construction of a hydropower plant north of Antalya, China Gezhouba and KAF Teknik will work with GE, which highlighted the facility’s future role in the utilization of renewable energy sources. General Electric said it would supply four 250 MW turbines for the pumped storage system in Eğirdir in western Turkey. A giant hydropower […]
ITM Group from Serbia plans to build small hydropower plants
Serbian businessman Toplica Spasojević hinted ITM Group would upgrade the partnership with hydropower equipment maker Andritz Hydro and build units of 5 MW, 10 MW and 12 MW with its turbines. He claimed ambitious investment is in the pipeline and pointed to opportunities in the water and wastewater sector as well. ITM Group has brushed […]
EPS seeking project supervision service for overhaul of old small hydropower plants
EPS launched a public call for oversight services for a group of seven small hydropower plants built between 1903 and 1953. The project is financed with a loan provided by the EBRD and EPS’ own funds. Serbia’s state-owned public enterprise Elektroprivreda Srbije – EPS intends to reconstruct and modernize 15 small hydropower plants commissioned 117 […]