Inercom Bulgaria divests solar projects in fresh bid to buy CEZ assets
Inercom Bulgaria EAD has filed a fresh merger notification to the country’s Commission for the Protection of Competition concerning its deal to buy Czech energy group CEZ’s assets in Bulgaria, having restructured and divested its solar photovoltaic power projects, local media reported, citing a statement from Inercom Bulgaria EAD. Inercom Bulgaria EAD said that the […]
Akfen secures USD 363 million in lending for USD 530 million renewables project
Akfen Renewable Energy, the renewables arm of Turkey’s Akfen Holding, has secured a total of USD 363 million in lending from six banks for its USD 530 million project to build four new wind farms and nine solar photovoltaic (PV) plants with a combined capacity of 327 MW. Akfen Renewable Energy is providing USD 167 […]
Akfen to build 4 new wind farms, 9 PV plants with EBRD’s backing of up to USD 102 million
The European Bank for Reconstruction and Development (EBRD) is providing a financing package of up to USD 102 million to the renewable energy arm of the Turkish conglomerate Akfen Holding. The funds will be invested in building four new wind farms and nine solar photovoltaic (PV) plants with a combined capacity of 327 MW, the […]
Albania invites bids to build 50 MW PV power station with support measures, plus up to 50 MW without
Albania’s Ministry of Infrastructure and Energy has launched a bidding procedure for the construction of a solar photovoltaic (PV) plant for the generation of electricity with an installed capacity of 50 MW, to be backed by support measures approved by the government on June 12, 2018, plus an additional capacity of between 20 MW and […]
Greece launches regular renewable energy auctions in shift from standard FIT model
Greece has held its first regular competitive auctions for renewable energy capacities, after significantly trimming the offered capacities as a result of rejecting a slew of applications over technical matters. The descending-price renewable energy auctions, representing a shift from the standard feed-in tariff (FIT) model, resulted in considerably lower rates to be paid to investors […]
Tender launched for concession to build 65 MW Ljubinje solar park
The Ministry of Industry, Energy, and Mining of Republika Srpska has launched a tender for a concession to build a photovoltaic (PV) power station with an installed capacity of 65 MW, in an investment estimated at about EUR 76.5 million. The Ljubinje solar park would be developed on some 80 hectares of land and produce an […]
Romania moves to not tax prosumers feeding surplus energy into grid
The Romanian parliament has adopted a law enabling prosumers with small renewable energy systems to secure self-consumption and deliver surplus energy to the grid without having to obtain any authorization or pay taxes on the energy, the Romanian Ministry of Energy has said in a statement. Romania needs small energy producers that will be able […]
Solar PV, thermal panel plant opens in Skopje
PiKCELL Group, in partnership with Solar Power, has unveiled a plant to produce solar photovoltaic (PV) and thermal panels in Skopje, the Macedonian media reported. This is the first such plant in Macedonia and the region, according to the reports. The investment is expected to reach EUR 5 million by the end of the year. […]