North Macedonia starts construction of first power link with Albania
The construction of the Bitola-Elbasan power line started with the construction of the new 400/100 kV substation near Ohrid.
SET Green Technology to invest EUR 12 million in four biogas power plants
Total installed capacity of the four facilities planned for construction is 4 MW. The first one should be put into operation by the end of the year.
Serbia to construct pumped storage hydropower plants Đerdap 3, Bistrica
The Ministry of Mining and Energy will present a EUR 17 billion investment plan in September including two major pumped storage hydropower plants.
Most of bilateral financing of power plants from China, Japan, US went to fossil fuel projects
Between 2000-2018 three countries financed coal and gas power plants with installed capacity of 243 GW.
Portland Trust sells largest solar power project in Romania to Econergy, Nofar Energy
Real estate investor Portland Trust has sold a 153 MW solar power project to renewable energy companies Econergy and Nofar Energy.
Renewable power capacity in Turkey to more than double by 2030 to 50 GW
Green power capacity is expected to increase from 19.07 GW in 2020 to 49.31 GW by 2030, growing at a compound annual growth rate of 10%.
MET Group acquires 60 MW Suvorovo wind farm in Bulgaria
The gas and power trader and electricity producer has acquired 100% of the firm from Spain-based Grupo Enhol.
Bulgarian-Turkish-Chinese consortium wins bid for Sofia’s RDF-fired CHP plant
Consortium led by Bulgarian construction firm Mix-Construction has been selected for the construction of a combined heat and power facility