‘Subsidised’ is cheaper. Now what?
With the current surge, the market price of electricity surpassed the highest levels from power purchase agreements in Montenegro. Here's what is next.
Greece’s biggest power consumer AoG to switch entirely to green energy from 2030
Aluminum of Greece (AoG), the country’s biggest electricity consumer, plans to switch entirely to green energy from 2030, as it signs its last electricity supply deal with Public Power Corporation.
Renewable energy prices rebounded 10% after collapse in March
Renewable energy prices across Europe have recovered after a 15-30% fall in March and rebounded 10% in April. Prices took a substantial hit at the beginning of March, falling between 15-30% across key markets compared to average prices in February, but have largely recovered from March lows, said Pexapark, the provider of advisory services for clean […]
Enel inaugurates Kafireas wind farm complex, largest in Greece
Enel Green Power Hellas S.A. (EGPH), a subsidiary of Italian energy company Enel, has connected to the grid its new, 154 MW Kafireas wind farm complex, which is the largest of its kind in the country. According to the company’s website, located in the municipality of Karystos (Evia), Kafireas involved an overall investment of around […]
METKA EGN signs solar PPA to supply leading Australian retail chain
Greek EPC contractor METKA EGN has entered an agreement with Coles, the second-largest supermarket chain in Australia, for a 10-year electricity supply contract (PPA), with all the power to be generated from renewable sources, according to a press release from the subsidiary of Greek industrial giant Mytilineos Holdings. The contract value for Greek EPC contractor is EUR […]
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 […]
Mercedes-Benz signs Germany’s 1st corporate renewable PPA
Carmaker Mercedes-Benz has signed Germany’s first corporate renewable Power Purchase Agreement (PPA), as part of plans to supply all its German plants with CO2-neutral energy by 2022. According to a press release from the carmaker, Mercedes-Benz will buy wind power for its German operations through a corporate renewable PPA signed with Norway’s state-owned Statkraft, Europe’s […]
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 […]