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 […]
Montenegro will not issue new energy license in 2018
The Ministry of Economy of Montenegro did not foresee issuing energy permits in 2018. The reason is that Montenegro is already close to reaching the national target of 33 percent of the produced energy from renewable energy sources (RES). The Government of Montenegro recently adopted the Energy Licensing Plan in 2018, which did not foresee […]
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 […]
Novi Sad district heating company starts producing electrical energy – new 10MW CHP plant presented
On August 24 the first kilowatt-hours of electrical energy were generated from combined heat and power (CHP) plant of 10 MW in each of the segments at the district heating plant West (Zapad). In cooperation with Dušan Macura, chief of heat production and distribution sector at the public heating utility Novosadska Toplana we present the […]
New regulations luring investors in renewables
The legislation that Serbia adopted in June will attract capital and help launch green energy projects, said participants at a conference in Belgrade titled “New PPA Package in Serbia – Main Challenges”. The event was organized by Petrikić & Partneri AOD in cooperation with CMS Reich-Rohrwig Hainz with the support of ADVANTAGE AUSTRIA Belgrade. For […]