National Bank of Greece raises EUR 500 million via green energy bonds
NBG sold green energy bonds worth EUR 500 million with the obligation to invest the funds in hydropower, wind parks and photovoltaic projects in Greece. The European Bank for Reconstruction and Development revealed it invested EUR 50 million in a six-year senior preferred green debt issuance by the National Bank of Greece (NBG). The Greek […]
China completes world’s second-largest solar power plant
Huanghe Hydropower Development connected its photovoltaic park of 2.2 GW to the grid. The second-biggest solar power plant in the world is located in Qinghai, China, and includes an energy storage system of 202.9 MW supplied by domestic company Sungrow. It is part of a giant renewables project, which is planned to reach 16 GW. […]
IRENA: Renewables can meet 34% of demand in Central, Southeastern Europe
If countries in Central and Southeastern Europe shift to a higher gear in the expansion of renewable energy, they will avoid as much as EUR 35 billion in damage to health and the environment per year by 2030, IRENA claims in a study, adding green energy has the potential to fulfill 34% of demand. The […]
Slovenia’s HSE wins concession for three hydropower plants on Sava river
HSE is about to sign a water use concession as part of the project to build a string of hydropower plants on the middle part of the Sava river in Slovenia, from Ljubljana to Suhadol. The government vowed to develop spatial plans for three systems, but exact locations and the total number of facilities still […]
EPS gets approval in Serbia for Gornja Drina hydropower project in BiH
Elektroprivreda Srbije (EPS) managed to surpass another obstacle in its plan to construct a hydropower cascade on the upper course of the Drina river in BiH together with domestic utility ERS. The company obtained clearance from Serbia’s competition watchdog amid an environmentalists’ outcry regarding possible damage to nature and habitats. The Commission for Protection of […]
Terna Energy to more than double its wind power capacity in Evia island
Terna Energy is rapidly expanding its wind power portfolio in Greece, particularly in Evia. Vestas said it closed a deal with the company to deliver and install 40 turbines on the island with an overall capacity of 144 MW. Terna Energy has placed a 144 MW order for the Karystia wind power project in the […]
Kosovo* parliamentarians reviewing small hydropower permits
A group of lawmakers in Prishtina held the first meeting within their three-month deadline for a probe into the controversy regarding the issuance of licenses and the oversight of small hydropower plants in Kosovo*. A parliamentary inquiry commission in the Assembly of Kosovo* has been established to review the process of issuing licenses and supervising […]
Greek gas firm DEPA Commerce in talks to enter wind, solar projects
In line with its declared strategy to create a 200 MW renewable energy portfolio, Greek state-controlled DEPA Commerce is negotiating with project developers to participate in planned wind parks and photovoltaic systems or buy stakes in such power plants that are under construction, according to local media. The gas supplier co-owned by Hellenic Petroleum is […]
