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 […]
EBRD to support renewable energy projects in Greece
The European Bank for Reconstruction and Development (EBRD) will support one of the leading Greek renewable energy companies Terna Energy S.A. with EUR 50 million to develop projects in Central Greece. Terna Energy will invest a total of EUR 60 million in the development, construction and operation of renewable energy projects in Greece. One of […]
EnGoPlanet lights up Las Vegas using Smart Street Lights
The city of Las Vegas, Nevada has installed the experimental street lights created by EnGoPlanet. The main source of energy for the Smart Street Lights are solar panels and pedestrian footsteps. These street lights could offer a solution for the cities struggling to secure street lights. Built in the Nevada desert, Las Vegas is best […]
Biomass is more cost-effective for heating than fossil fuels
There are entrepreneurs in Serbia who are considering the option to transform the energy system in their facilities towards cogeneration, but there are difficulties in securing a long-term fuel supply, Nataša Pavićević Bajić, new president of the National Association for Biomass – Serbio, told Balkan Green Energy News. Other challenges, in her words, are in […]
