Regulators plan to auction 200 MW in solar, wind projects in Crete
RAE didn’t reveal the size of the chunks or a timeline. It intends to conduct the operation according to the Dutch model – the power purchase price for the solar and wind endeavors in Crete would be lowered until an investor accepts the offer. Thanks to the upcoming interconnections with the mainland, regulators are preparing […]
Candidates in clim@ green competition come from 60 countries
Grand finalists will present their entries at the GGF Sustainable Future Forum in Frankfurt on June 3. Finance in Motion is responsible for the clim@ contest on behalf of the fund. The European Commission and Germany’s Federal Ministry for Economic Cooperation and Development are its sponsors. More than half of applications came from the target […]
Albania gets over 20 applications for 140 MW Karavasta solar power plant
The fate of the similar 100 MW project in the Akërni salt flats is still unknown and the deadline is looming. Half of Karavasta solar system is also set for a fixed power price, to be determined at the auction. Companies from Europe and around the globe have shown significant interest in the contest for […]
EU wind power growth must double to match Green Deal terms: report
Turkey was first in the region last year in new and cumulative capacity, the size of successful tenders and new asset financing. EU saw the share of wind power as primary source jump to 15% in 2019. Data obtained by WindEurope showed the installed wind power capacity in the continent reached 205 GW last year, […]
EPBiH gets concession for Vlašić wind power project
There are several wind farms planned for the plateau of Vlašić and Galica. Meanwhile, the company is about to begin building the Podveležje facility and the Trusina concession process is being restarted in the Republic of Srpska. Six contracts have been signed for a wind energy system on Vlašić mountain in Bosnia and Herzegovina. The […]
Hellenic Petroleum acquires juwi’s 204 MW solar power plant project
The fossil fuel giant in transition counts on domestic added value of 40% and hints at the possibility to add electricity storage or other innovative solutions. Hellenic Petroleum leaves German partners in charge of construction in Kozani. The facility would be the biggest of its kind now in Southeastern Europe. Greece’s dominant fuel and petrochemicals […]
Borusan EnBW gets loan from EBRD, ICBC to add 72 MW to wind farm
The new project in northwest Turkey costs USD 101 million. Borusan EnBW must adapt the existing 28 MW wind park’s operations to protect birds and bats. A part of the USD 74 million credit package will be used to reprogram a leasing arrangement. The Kıyıköy power plant is growing to 100 MW. The European Bank […]
North Macedonia to use coal pit Oslomej for 100 MW photovoltaic project
Applications will be received until May 8. The investor is obligated to secure EUR 80 million, the entire estimated cost. North Macedonia’s state-owned utility ESM was declared the public partner for Oslomej, where the photovoltaic power plant will consist of two equal units. Prime minister Oliver Spasovski said solar arrays on the location of a […]
