Turkey opens integrated solar cell factory within USD 1.4 billion project
Kalyon and China’s CETC built a manufacturing complex in Ankara for all components for solar power panels. The factory worth USD 400 million will supply the products to the company’s 1 GW photovoltaic project in Karapınar in central Turkey. Total investment is planned to reach USD 1.4 billion. Production officially started at Kalyon Group’s facility […]
E.ON installs rooftop photovoltaic unit in TeraPlast Industrial Park in Bistrița
TeraPlast put into operation the first solar power unit installed by the subsidiary of German E.ON in Romania. The panels on the manufacturer’s production halls and buildings will satisfy 11% of its electricity demand and the construction of two more photovoltaic facilities is underway. E.ON Energie România said it completed the construction of one of […]
Greece wants to use EU recovery funds for green power infrastructure
The government in Athens is preparing the national plan for funds from the Next Generation EU investment package, which the European Commission launched as a response to the damage from COVID-19. The local media learned Greece may lean on manufacturing cables, pylons and other elements for green energy facilities together with power links and other […]
Greek fossil fuel companies expanding their renewables portfolios
Hellenic Petroleum asked the EBRD for a EUR 75 million loan for a solar power project of 204 MW and its domestic competitor Motor Oil bought a 40 MW wind power plant. Major Greek firms are turning to renewables as energy transition gains traction. The drop in costs for the equipment for green energy production […]
North Macedonia seeks contractor for extension of Bogdanci wind power plant
Elektrani na Severna Makedonija called on companies to express interest in the delivery and installation of supporting components for wind park Bogdanci. North Macedonia’s state-owned utility plans to build three or four more turbines and add up to 15 MW. After postponing the second part of a wind power project, North Macedonia’s government-controlled power producer […]
EBRD may lend EUR 9.75 million to KESH for floating solar power plant
Albania’s state-owned power producer may cover most of the cost for its hybrid power plant project with debt. EBRD targets October 21 for the approval of a secured loan of EUR 9.75 million for a floating photovoltaic system on the reservoir of the Vau i Dejës hydropower plant owned by KESH. The European Bank for […]
Albania inks concession with Voltalia for Karavasta solar power plant
After winning the auction, French company Voltalia landed a 15-year fixed rate deal for half of the production of the future 140 MW photovoltaic plant in Albania. The Karavasta Park concession agreement is for 30 years. Minister of Infrastructure and Energy Belinda Balluku and Chief Executive Officer of Voltalia Sébastien Clerc have signed a 30-year […]
Vis island turning self-sufficient as HEP’s 3.5 MW solar plant starts trial run
The solar power plant in Vis landed a contract for trial production. The 3.5 MW facility developed by HEP Group should make the island self-sustainable in energy terms when a storage unit is finished. Croatian Energy Market Operator Ltd. (HROTE) has announced it signed a contract with Sunčana elektrana Vis and temporarily included it in […]
