Terna Energy to invest EUR 250 million in renewables in Greece
Greek energy group Terna Energy has announced EUR 250 million in new investments in renewable energy sources in Greece. Continuing its investment program in Greece, Terna is implementing new investments of more than EUR 250 million in the clean energy production sector, the company has said on its website. In 2019 the company began its […]
Petrol top management steps down unexpectedly
In a surprise move, the three-member top management of Slovenian energy company Petrol, headed by Tomaž Berločnik, has resigned following a meeting with the supervisory board, Slovenian media have reported. Until a new management is appointed, the company will be led by Nada Drobne Popović, who has served as supervisory board chairwoman. In a press […]
Serbian energy regulator approves grid’s development, investment plans
The Energy Agency of the Republic of Serbia (AERS) has approved the Transmission System Development Plan for 2019-2028 and the Transmission System Investment Plan for 2019-2021. The plans were adopted by state-owned company Elektromreža Srbije, Serbia’s transmission system operator (TSO). In the Development Plan for 2019-2028, the list of production capacities expected to be connected […]
Investment in HPP Komarnica to reach EUR 238 million – study
The value of investment in the construction of the Komarnica hydropower plant (HPP) in Montenegro is estimated at EUR 237.9 million, according to the concept of the detailed spatial plan for the multipurpose water reservoir on the Komarnica river. The proposed installed capacity of HPP Komarnica is 168 MW and the estimated annual electricity production […]
Power utility ERS to borrow EUR 307 million for new renewable energy power plants
The Government of Republika Srpska intends to provide state guarantees for loans worth BAM 600 million (about EUR 307 million) for power utility Elektroprivreda Republike Srpske (ERS) to invest in renewable energy power plants and overhaul coal-fired power plants. The Republika Srpska parliament has adopted a decision on the value of state guarantees that the […]
GGF Impact Report: 2.75 TWh of energy saved annually, CO2 emissions cut by 692,183 metric tons
By the end of 2018, the Green for Growth Fund (GGF) had financed nearly EUR 825 million in green investments, substantially reducing energy consumption and CO2 emissions. The fund’s investments are having a measurable impact on households and businesses by reducing their energy bills and CO2 emissions as well as enabling them to use resources […]
Barrier analysis and derisking RES in Serbia: Study Results
Author: Maja Turković, expert in sustainable energy & renewables and country partner on WeBET project The Western Balkans Energy Transition Dialogue (WeBET) project, together with the NewClimate Institute, has carried out research on the capital cost challenge for renewables in Serbia. Maja Turković, an expert in sustainable energy & renewables and country partner on the […]
Days of Good Wind gather 200 participants from Croatia, world
A conference titled Days of Good Wind, organized by the Croatian Renewable Energy Sources (OIEH), which started yesterday and ends today in Vodice, has gathered around 200 participants from Croatia and around the world interested in the future of wind energy, with a special focus on the region of South East Europe. The conference is […]