EBRD supports expansion of solar energy in Cyprus
The European Bank for Reconstruction and Development (EBRD) said it is providing EUR 10 million in debt financing for the construction, development and operation of five photovoltaic parks with total capacity of 11.9 MW. The investment will strengthen efforts in Cyprus to reduce climate change emissions and dependency on imported fuels, according to the statement. […]
Expatriates build small photovoltaic plant near Žepče
Company Praha d.o.o., founded by Rajko Đuričić, who left Bosnia and Herzegovina for the Czech Republic during the war with his wife Ljiljana, launched a 150 kW solar power station in the community of Brankovići near Žepče. The site in the central part of the country saw an investment of EUR 250,000, which took four […]
Chronic delays in four green power projects
Out of six major energy endeavours stuck in development in Macedonia, three are in the area of hydropower and one is for a gigantic photovoltaic facility at Bitola, according to an analysis published by Build.mk portal. The solar power plant project in the south of the country was started in 2010 with work on a […]
Tekno Group opens largest solar power plant in Turkey
Tekno Ray Solar, with its Italian partner Enerray, opened Turkey’s largest photovoltaic facility, which in the first stage has production capacity of 18.5 MW. It is located in the central Anatolian province of Konya. The plant, planned for 22.5 MW, will meet electricity demand of more than 20,000 households, the company said in a press release. The […]
An overview of the Turkish photovoltaic market
By Qendresa Rugova, Burg Capital GmBH, Vienna esa.rugova@burgcapital.com Driven by steady economic growth, the Turkish power market has experienced tremendous progress over the past decade with power generation assets doubling from around 37 GW in 2000 to the current level of 70 GW. This expansion, however, has also led to an increased reliance on imported […]
Photovoltaic energy systems from Greece invests in Thrace
Greek solar energy company Photovoltaic Energy Systems is preparing to invest in renewable energy in Turkey, a company official said on March 2. Hurriyet reported that Anadolu agency quoted Evaggelos Kalenteridis announcing solar projects in a district of the western city of Edirne, which neighbors Greece. “The company was searching for a place to invest […]
Incentives stay only for operational wind and solar facilities
Bulgaria’s parliament scrapped preferential prices for new renewable energy installations on February 26, as the country is struggling to cut deficits in the energy sector and keep a lid on consumers’ utility bills, Euractiv reported. Wind power farms and photovoltaic parks mushroomed in 2011, after Bulgaria introduced generous subsidies for renewable energy, guaranteed for 20 […]
State-of-the-art solar park launched by the University of Cyprus
The University of Cyprus aims to become completely energy self-sufficient through two solar panel parks, rector Constantinos Christofides said during the launch of the ‘Phaethon’ photovoltaic park, made up by 1,645 solar panels, with an annual capacity of 632,000 kWh. The second solar park, to be named ‘Apollon’, which will have a 10 MW capability, […]