Are Serbian renewable energy projects in danger due to the state of emergency?
Authors: Ivan Gazdić, Partner and Igor Đorđević, Attorney-at-Law, CMS Belgrade On 15 March 2020, the state of emergency was introduced in Serbia due to the COVID-19 situation, which entitles state authorities to impose a broad spectrum of short-term restrictions and different measures. What do these measures mean for the future of renewable energy projects in Serbia? […]
Consultant sought to help launch renewable energy auctions in Kosovo*
The European Bank for Reconstruction and Development (EBRD) has invited expressions of interest in providing it with consultancy services in order to support the Government of Kosovo* in developing and implementing a competitive scheme for the award of future support to renewable energy generators. The EBRD previously engaged with the Kosovo* authorities on the development […]
Kosova e Re power purchase agreement challenged at Energy Community
Kosovar and international non-governmental organizations have filed an official complaint to the Energy Community’s (EnC) dispute settlement mechanism, challenging the legality of the power purchase agreement (PPA) for the planned Kosova e Re coal power project, which is currently awaiting ratification by the Kosovo* parliament, Bankwatch has said on its website. The complaint was filed […]
Wind industry proposes ways to tap on South East Europe’s 500 GW potential
Giles Dickson, CEO of wind energy association WindEurope, has given recommendations to South East Europe’s energy ministers how to unlock the region’s 500 GW wind energy potential, constrained by regulatory uncertainty and high project costs. Speaking at a Central and South Eastern Europe Connectivity (CESEC) ministerial meeting in Sofia, Bulgaria today, Dickson warned that abrupt […]
Energy Community finds distortions of state aid rules regarding Kosova e Re power plant
The Energy Community Secretariat believes that several elements of the power purchase agreement signed between the Kosovo* Government and the US-based ContourGlobal for 500 MW Kosova e Re power plant constitutes state aid. In the meantime, Reuters reported that the World bank has not confirmed it will back the project as it announced earlier. According […]
Turkey opens tender for 1 GW in wind power over 15 years
Invitation for bids for the installation and operation of wind power capacity of 1 GW was placed by Turkey under the Renewable Energy Resources Area (YEKA) scheme. The project that covers seven regions is worth USD 1.2 billion (EUR 1.12 billion), the Ministry of Energy and Natural Resources said in the document published in the […]
Auctions for renewables: towards markets proximity
The future of support mechanisms for renewables with targeted insight towards the SEE markets and bankability point of view By Ladislav Tolmaci, Erste Group Bank AG, Leveraged and Project Finance In the recent depressed wholesale power price environment predominant on the European commodity exchanges, any investment into electricity generating technology becomes related to a question […]