Bulgaria, Croatia, Montenegro and Romania reach EU 2020 renewable energy goals
Four countries from the Balkan region – Bulgaria, Croatia, Montenegro and Romania – reached their national targets for the share of renewable energy in total consumption by 2020, according to latest Eurostat data for 2015. Share of energy from renewable sources in final consumption in Romania reached 24.8 percent, achieving the country’s EU 2020 target, which […]
European demand for solar power decreased by 21 percent in 2016
European demand for solar power decreased by over 21 percent to 6.7 GW in 2016, according to the market research conducted by SolarPower Europe. At the same time, global solar installations grew by around 50 percent to an all-time record number of 76.2 GW. “The European solar industry is ready to take a larger share […]
Switching to biomass could save to Valjevo heating plant up to EUR 1.4 million
Valjevo Heating Plant is planning to switch to biomass, which would cost EUR 4-5 million. According to this year’s expenses, utilizing biomass would save the plant EUR 1.3-1.4 million annually. “Ahead of us is a 12-month period during which we have to conduct a feasibility study and obtain the project documentation. The ambitious plan is […]
Slovenia adopts proposed draft of EU directive on renewables
The Government of Slovenia adopted the proposed draft of a European Parliament and European Council directive for promotion of energy from renewable sources. Slovenia supports the binding EU target of at least 27 percent energy from renewable sources in gross final energy consumption by 2030. Slovenia agreed that EU member states should determine by themselves […]
Komazec: GGE regional expansion strongly supported by its strategic partners
GGE’s plan to become regional energy leader providing integrated energy solutions both in Slovenia and other markets of SEE region, as well as its EUR 170 million investment plan for the next five years is bein strongly supported by its owners and new investors. GGE’s primary focus ever since its establishment in 2011 has been energy performance […]
Upsolar to supply Turkish Hilvan solar plant with PV modules
International company Upsolar won a contract to supply Hilvan solar plant in Turkey with PV panels. The plant will have 23.6 MW installed power and will annually make enough energy to meet the needs of 17,500 households in the region, said Upsolar in a press release. Construction on the Hilvan Enerji plant will begin within […]
Environmental protection and sustainable development in the focus of CEDEF event in Novi Sad
Recent announcements that Serbia may soon open Chapter 27 of the acquis have greatly influenced local energy sector, which has seriously started considering and applying environmental standards in both current operations and plans for development. Only several days after the national utility company Elektroprivreda Srbije (EPS) and the Environmental Protection Agency signed a contract on […]
VIDEO – Perspective: GGF committed to financing green energy portfolio in the Balkans by Carrie Walczak
The development of renewable energy programs in the region has been slower than it was anticipated and governments need to take certain steps, primarily related to the regulatory framework, in order to encourage further progress of the sector. The Green for Growth Fund (GGF) can offer support for worthy projects to overcome obstacles in project […]