Hellenic Petroleum finishes takeover of juwi’s 204 MW solar power project
Oil company Hellenic Petroleum has completed the takeover of one of the largest solar photovoltaic projects in Europe from German developer juwi Holding. It also secured the fund for this acquisition. The 204 MW project is in the final permitting stage and it will be located in an area of Kozani, Greece. According to Hellenic […]
Croatia’s HEP kicks off EUR 24 million smart grid project
Distribution system operator HEP – Operator distribucijskog sustava (HEP ODS) has launched EUR 24 million Smart Grid Pilot Project which includes digitalisation of a part of the electricity distribution network in Croatia, and creating conditions for the integration of distributed sources. HEP ODS will invest into three areas of advanced electricity distribution network: advanced metering […]
GGF wins UN’s Principles for Responsible Investment award
This year’s winner of the UN-initiated Principles for Responsible Investment (PRI) award in the “Real-world impact initiative of the year” is Green for Growth Fund (GGF), one of the first specialized vehicles to invest in renewables and energy efficiency. The Principles for Responsible Investment was founded in 2006 by the UN Secretary-General Kofi Annan. Since […]
Bechtel, Albania sign MoU on construction of HPP Skavica
US construction company Bechtel and Albania’s Ministry of Infrastructure and Energy will jointly prepare an action plan for the implementation of the Skavica hydropower plant project. The planned installed capacity of the HPP is 210 MW while investment is estimated in the range of EUR 308 million to EUR 510 million. The action plan is […]
Elektroprivreda Republike Srpske granted consession for its first solar power plant
State-owned power utility Elektroprivreda Republike Srpske (ERS) is getting a concession for the installation of its first solar power plant Trebinje 1, with an installed capacity of 73 MW. The photovoltaic (PV) plant will be located on the territory of the city of Trebinje. The PV plant is part of ERS’s ten-year plan to build […]
ArcelorMittal Zenica completes projects to reduce pollution from steel plant
Steel producer ArcelorMittal Zenica has completed two major investments, worth EUR 7.7 million, to reduce dust emissions. The projects will ensure the increase the environmental protection in the city of Zenica in Bosnia and Herzegovina. Investments will help reduce the pollution created by the steel plant, which made Zenica one of the cities with the […]
Enerjisa Uretim secures EUR 650 million to invest in wind farms
Turkey-based power utility Enerjisa Uretim has secured a EUR 650 million loan for renewable energy investments and reducing debt. The loan has been provided by seven banks: Akbank, Garanti BBVA, Türkiye İş Bankası, HSBC, ING, TEB and İşbank AG. The company has won an opportunity to install wind farms on the YEKA tender İhsan Erbil […]
Meat company Pivac installs 1.2 MW PV plant for self-consumption
Meat processing company Pivac Group has installed a 1.2 MW solar photovoltaic plant on the roofs of its factory PPK Karlovačka Mesna Industrija. The facility will produce electricity for self-consumption. The EUR 1 million investment was implemented by HEP ESCO, a member of the HEP Group. The 7,500-square-meter PV facility has 3,939 PV panels, with […]