Greek energy companies at Serbia-Greece Business Forum
During the Greek prime minister Alexis Tsipras’ visit to Belgrade a Serbia-Greece Business Forum will take place on January 31. The business delegation from Greece includes companies working in the field of energy and renewables, also interested in cooperation with Serbian companies. Greek energy delegation is led by Terna SA and PPC Renewables, who are among […]
No new quotas for solar plants in BiH until 2020
Investors planning to build solar power plants in the Federation of Bosnia and Herzegovina will have to give up because there are no more available quotas before 2020. Data from the Operator for renewable energy sources and efficient cogeneration of FBiH show that new solar quotas will be available only as of 2020. However there will […]
GS-Solar plans to build a panel factory in Bulgaria
Chinese solar panel manufacturer GS-Solar plans to invest in a new manufacturing plant in Bulgaria, the government in Sofia announced. GS-Solar CEO Chao Hui Lin met with prime minister Boyko Borissov and his deputy Tomislav Donchev in Sofia to discuss investment opportunities, the Bulgarian media reported. GS-Solar produces thin film solar modules based on amorphous […]
Memorandum to speed up construction of Mesihovina wind farm
Power utility Elektroprivreda HZHB signed a memorandum of understanding with USAID that should speed up the construction of Mesihovina wind farm. The agreement was signed by the director of USAID Mission to BiH Peter Duffy and the general manager of Elektroprivreda HZHB Marinko Galja, confirming their cooperation on the USAID Energy Investment Activity project. The […]
IRENA: South East Europe has vast renewable energy potential of 740 GW
South East Europe has huge potential of renewable energy equal to about 740 GW, according to a new study from the International Renewable Energy Agency (IRENA). The report “Cost-Competitive Renewable Power Generation: Potential across South East Europe” was released at a high-level meeting preceding the opening of the seventh session of IRENA’s Assembly in Abu […]
Cost of capital for onshore wind and solar investments mapped
Investments in wind and solar energy in Southeast Europe did not increase even though the cost of capital decreased in 2014-2016, which is why stable policy schemes have to be designed at European and national level, according to the “Pricetag” study funded by the European Climate Foundation. The “Pricetag” project examined the cost of capital […]
Quota for energy promoted through green certificates decreased
Mandatory renewable energy quota promoted through green certificates in Romania has been decreased by about one third by government decree. In 2017. the quota will be 8,3 percent of Romania’s gross final consumption, compared to 12,5 percent in 2016. The decision will come into effect after the next government of Romania, where parliamentary elections were held on […]
EPS to invest EUR 4.5 billion by 2025
Elektroprivreda Srbije (EPS) plans to invest EUR 4.5 billion into Serbian electric power system, but renewable energy sources still cannot replace coal as the main source of energy, according to the Serbian public power company’s strategy director. “Coal fired power plants will remain the corner-stone of EPS power production in the coming period, along with […]