Danish DONG Energy to stop using coal by 2023

Danish company DONG Energy said it will entirely stop using coal by the year 2023. The company’s power stations will be replacing coal with sustainable biomass. “The future belongs to renewable energy sources, and therefore we’re now converting the last of our coal-fired power stations to sustainable biomass. The decision is in line with our […]

EPS invites tenders for rehabilitation of seven small hydro plants

Electric Power Industry of Serbia (EPS) is inviting sealed tenders from contractors for the rehabilitation of seven small hydropower plants in Serbia. The facilities to be rehabilitated are SHPP Raška near Novi Pazar, SHPP Radaljska Banja near Mali Zvornik, SHPP Seljašnica near Prijepolje, SHPP Kratovska Reka near Priboj, SHPP Pod Gradom and SHPP Turica near […]

EUR 180 million invested in RES projects in Montenegro

Ministry of Economy of Montenegro has announced that the total value of investments in renewable energy sources (RES) projects in that country reached almost EUR 180 million. The largest investment in RES is Krnovo wind farm worth EUR 143 million, according to a press release published on the ministry website. The remainder of EUR 35 […]

EBRD funds renewables in Greece with EUR 300 million

The European Bank for Reconstruction and Development  (EBRD) announced the establishment of an investment framework worth EUR 300 million to finance renewable energy projects in Greece. The Greek Renewable Energy Framework (GREF) will also finance electricity grid modernization and expansion investments that enable renewables integration in the Greek system. GREF responds to the country’s target […]