GS-Solar plans to build a panel factory in Bulgaria

Chinese solar panel manufacturer GS-Solar plans to invest in a new manufacturing plant in Bulgaria, the  government in Sofia announced. GS-Solar CEO Chao Hui Lin met with prime minister Boyko Borissov and his deputy Tomislav Donchev in Sofia to discuss investment opportunities, the Bulgarian media reported. GS-Solar produces thin film solar modules based on amorphous […]

Renewables January 23, 2017

IRENA: South East Europe has vast renewable energy potential of 740 GW

South East Europe has huge potential of renewable energy equal to about 740 GW, according to a new study from the International Renewable Energy Agency (IRENA). The report  “Cost-Competitive Renewable Power Generation: Potential across South East Europe” was released at a high-level meeting preceding the opening of the seventh session of IRENA’s Assembly in Abu […]

Renewables January 16, 2017

Cost of capital for onshore wind and solar investments mapped

Investments in wind and solar energy in Southeast Europe did not increase even though the cost of capital decreased in 2014-2016, which is why stable policy schemes have to be designed at European and national level, according to the “Pricetag” study funded by the European Climate Foundation. The “Pricetag” project examined the cost of capital […]

Greek PPC to install pioneering energy storage system

Greek Public Power Cooperation (PPC) will install a pioneering battery system for renewable energy storage at its production facility on the Dodecanese island of Karpathos. The biggest power producer and electricity supply company in Greece has decided, according to the Greek energy news portal Energypress, to install a lithium-ion battery system for energy storage as […]

Renewables January 5, 2017

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 […]

Features November 26, 2016

Real time sun power to energize Serbia

By Mihailo Mihailović, independent energy consultant Decreasing our dependence on “pre-historic” solar energy stored in fossil fuels and utilizing the “real time” sun power is an inevitable task for Serbia to prepare its future energy mix. This November Belgrade was the host of the 10th Mediterranean Conference on Power Generation, Transmission, Distribution and Energy Conversion […]

Features November 22, 2016