Falling costs reaffirm renewables as low-cost solution to boost global climate action – IRENA
In most parts of the world today, renewables are the lowest-cost source of new power generation. As costs for solar and wind technologies continue falling, this will become the case in even more countries, the latest report from the International Renewable Energy Agency (IRENA) shows. The cost of electricity from bioenergy, hydropower, geothermal, onshore and […]
Serbian TSO: KOSTT ceases illegal power withdrawal, ending deviation in CE Power System
Serbian transmission system operator (TSO) Elektromreža Srbije (EMS) announced that Kosovo’s* transmission system operator KOSTT has ceased unauthorized power withdrawal, which had caused system frequency deviation in the Continental European (CE) Power System since mid-January 2018. According to EMS’ statement issued yesterday, KOSTT stopped these illegal activities on March 3, after it faced pressure exerted […]
Reconstruction of power cable networks and expansion of smart metering in Republika Srpska
Two local power companies in Bosnia-Herzegovina have invited offers for protected cables, substations and smartmeters. The power companies Elektro Bijeljina and ZP Elektrokrajina a.d. Banja Luka, both in the Republika Srpska (RS) will receive loans from the European Bank for Reconstruction and Development to finance their projects. Both of the loans will be used to […]
IBC Solar completes solar power plant in southern Anatolia
IBC Solar AG has completed the construction of a 3.43 MWp solar power plant in the Turkish province of Nigde in southern Anatolia. The plant will produce an estimated six million kilowatt hours (kWh) of solar power a year using 13,200 modules which will be fed into the national power grid. IBC Solar’s subsidiary in […]
EIB loan for three new wind farms in Greece
The European Investment Bank (EIB) said it has approved a loan of EUR 24 million for three wind farm projects in Greece. The loan will be used by the Terna Energy company to set up and operate the three wind farms in the central Greece region of Viotia. Part of the loan was secured by […]
Tender for co-financing of smart electricity meters in Slovenia
The Slovenian Ministry of Infrastructure published a tender for the co-financing of smart electricity meters for the 2017-2022 period. The aim of the tender is to secure financing for grants to purchase and install smart power meters as part of the Operational Program for the Implementation of the European Cohesion Policy for the period 2014-2020. […]
Serbian power company EPS wants to buy shares in EPCG Montenegro media claim
Montenegrin media reported that the Serbian electric power company (EPS) is interested in buying shares of the Montenegrin electric power company (EPCG) from the Italian A2A but the EPS is neither denying nor confirming the report. The media in Podgorica claim that the EPS intends to buy the 41.7% share of the EPCG owned by […]
Additional European Commission funding approved for Croatian geothermal plant
The European Commission decided that Croatia’s first geothermal power plant can apply for additional funding along with existing financing to support the HR GEOc Geothermae project. The EC decision came after Croatian Euro MP Marijana Petir requested the additional funding and filed a detailed explanation for a geothermal plant in the Međimurje area of Croatia. […]