EUR 300 million investments in renewable energy projects in Albania
Around EUR 300 million will be invested in Albania’s energy sector, namely in renewable energy sector. More investments from private companies are expected. Growing concerns what will happen to the investment cycle in Albania once Trans Atlantic Pipeline (TAP) and Devolli hydro power plant (HPP) projects see their ends, the Energy and Infrastructure Minister Damian […]
Wind farms in Romania to help Netherlands reach renewable power goals
The Dutch company NERO Renewables is planning to invest EUR 1.4 billion in the construction of three wind farms in Romania to help the Netherlands reach its power production goal from renewable sources. The construction of the wind power plants in the southeast Constanta and Buzau counties is due to begin in 2019 with the […]
Greece installs first solar plants under new support scheme for renewables
Greece has installed 8.6 MW of new large-scale solar PV plants under its new policy framework for the support of renewable energy sources. The first large-scale solar PV installations in the country since 2015 were installed by Hellenic Petroleum Renewable Energy Sources. The newly added capacity comprises two PV plants of 1 MW and 4 […]
Energy Community Report covers climate change for first time
The Energy Community’s latest Annual Implementation Report for the first time covers climate change, bringing details on the Contracting Parties’ climate change legislation and strategies, especially with respect to monitoring and reporting on greenhouse gas emissions. The document, presented yesterday, provides a comprehensive overview of the progress achieved by the Energy Community (EnC) Contracting Parties […]
China invests in Greek wind parks, IAE support investments in renewables
China’s Shenhua Group has bought 75% stake in Copelouzos’s four wind farms. The transaction is the first investment of the Chinese company in wind parks in Greece and comes on a day when the IEA’s review found that current policies will not be adequate to guide the energy sector towards the long-term energy transition and […]
Renewable sources of energy in Bosnia and Herzegovina: issue of (un)sustainability
Author: Nihad Harbaš, Energy and climate change consultant Do we really know how much energy we generate and use in B&H? Consumption or use of energy in Bosnia and Herzegovina (B&H) is unknown, although data on the annual consumption of about 140 PJ can be found. Although this sounds unbelievable at first, the energy balances […]
Update: EBRD, IFC finance wind farm Čibuk 1 of 158.4 MW
Vetroelektrane Balkana d.o.o. secured a credit line worth EUR 215 million for its Čibuk 1 wind power plant, most of which is planned to be built in the Kovin municipality, less than fifty kilometres northeast of the centre of Belgrade. The facility of General Electric Co.’s 57 turbines in the area of villages of Mramorak and Dolovo […]
Republika Srpska increases fees for power from renewable sources
The Republika Srpska Regulatory Commission for Energy decided to raise the fees that consumers pay to provide incentives for electricity produced from renewable energy sources. Electricity bills will be 0.7 percent higher from the start of 2018. The Commission said in statement that a number of new power production facilities had been built in Republika […]
