Albania secures lowest solar power price in Balkans in Karavasta auction
At the country’s second auction for utility-scale photovoltaics, Voltalia offered to sell electricity for just EUR 24.89 per MWh, a regional record. Albania said it would agree to the fixed price for half of the 140 MW solar power plant in Karavasta for 15 years, while the contract is for 30 years. Prime Minister Edi […]
Enel scraps Romania asset sale plan, insiders tell local media
Anonymous people familiar with the matter revealed Enel is counting on Romania as a strategic market and that the management wouldn’t negotiate about stakes in its businesses in the country. Romania’s state-owned utility Hidroelectrica, which has an ambitious long-term diversification plan, may have to expand without Enel’s assets. The largest foreign investor in the country’s […]
UNECE launches study, tool-kit for for sustainable renewable energy investments and deployment
A study by UNECE on linkages between renewable energy and nature and food production was created alongside mechanisms for political leaders, companies and representatives of affected communities to address issues and come up with mutually beneficial plans. UNECE said stakeholders can come up with win-win options in the renewables-water-food-ecosystems nexus through dialogue. Experience and research […]
GGF celebrates 10 years of green impact with renewables portfolio of over 1 GW
The Green for Growth Fund has so far supported the development of over 1 GW in renewable energy capacity. Southeastern Europe accounts for two thirds of the portfolio that GGF built until its tenth anniversary at the end of 2019, matched by the share of primary energy savings. The Green for Growth Fund said it […]
Over 1.2 million people in Europe request green post-COVID-19 recovery
The European Parliament passed a resolution urging the EU’s authorities to put citizens at the heart of the revival strategy after the devastation from the coronavirus. MEPs overwhelmingly insist the upcoming budget must be in line with the European Green Deal. Ahead of the vote, more than 1.2 million people signed an environmentalist organizations’ petition […]
Corporate power purchase agreements – time to get ready!
Authors: Louise Dalton, Partner, CMS London; Ivan Gazdić, Partner, CMS Belgrade; Igor Đorđević, Attorney-at-Law, CMS Belgrade; Charlotte Rihoy, Trainee Solicitor, CMS London To date, renewable energy projects in the Balkans have been supported by traditional feed-in tariff subsidy schemes (FiT). Certain Balkan countries (e.g. North Macedonia and Bulgaria) have begun to implement alternative schemes, such as […]
Public consultation starts for policy on small hydropower in Energy Community
Widespread concerns and criticism over the impact of hydropower on nature and the quality of life prompted the rethinking of the stance toward the projects, so the Energy Community Secretariat asked individuals, firms and organizations for their opinions. Public authorities, developers, companies, associations, consumer and environmental organizations and citizens have the opportunity to help shape […]
Resalta establishes venture in Romania with Next Energy Partners
The energy services provider based in Ljubljana registered a company in Bucharest together with a domestic firm. Resalta said its joint venture in Romania would focus on photovoltaics, combined heat and power and industrial lighting. Resalta doo widened its growth ambitions, as it has struck a deal to start offering energy efficiency services and develop […]
