ERS lowers capacity in its first solar power plant plan to 73 MW
As ERS is preparing for the public call, the authorities in the Republic of Srpska in BiH said the company’s solar power plant Trebinje 1 would be smaller than in initial projections. The terms of the 50-year concession are about to be negotiated. State-owned electricity producer Elektroprivreda Republike Srpske or ERS informed the Government of […]
TENDERING: Geothermal water exploration areas in Croatia
The Croatian Hydrocarbon Agency issued a public call for bids for four exploration areas. It said the goal is to utilize geothermal waters in Slavonia, Podravina and Međimurje in the north of Croatia for the production of energy. A significant geothermal potential has been proven in the geographical zone of the Drava river valley, the […]
Albania’s hydropower plant Skavica to cost up to EUR 510 million
The government expects works on the 210 MW facility to begin next year, after a tendering procedure. Skavica would preserve water upstream on the Black Drin, prevent flooding and boost average output in the rest of the hydropower plant cascade. The feasibility study for the construction of hydropower plant Skavica, planned since the 1960s, has […]
High-profile arrests in Croatia highlight claims of corruption in renewables in region
At least two government officials are suspected of abuse of power in the case of the biggest wind farm in Croatia, which receives a substantial stimulus. The scandal follows massive complaints by the local population throughout Southeastern Europe and numerous accusations by activists of irregularities and corruption in projects for renewables, mostly small hydropower plants. […]
IRENA: Renewables increasingly cheaper than coal competitors on cost
IRENA found 56% of renewable capacity added last year achieved lower electricity costs than new coal power plants. Furthermore, by the end of 2021 it would be cheaper to build new photovoltaic facilities than to keep running active coal power plants of as much as 1.2 TW, more than half of the world total. New […]
Limak to start last turbine at new 420 MW Çetin hydropower plant in Turkey
Production has started at three units in the 165-meter Çetin hydropower plant dam and Limak expects to bring another Francis-type turbine of 134.2 MW online soon. Limak Energy is becoming the third-largest private player in the hydropower sector in its home country as the portfolio should top 1 GW this month. The company is about […]
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 […]