VEC Energia acquired by Energo-Pro
The deal for the full acquisition of VEC Energia Holding EAD, the second in scale private hydropower plant operator in Bulgaria, was completed by Energo-Pro Bulgaria EAD. The shares were transferred on January 30 and Energo-Pro stepped in as the sole shareholder of VEC and the six hydropower plants, owned by the company directly and […]
Cyprus, Israel mull models for boosting green energy
A power link between Cyprus, Israel and Greece called the EuroAsia Interconnector would improve the potential of Cyprus and Israel to further develop renewable energy sources (RES), said Eitan Parnass, director general and founder of the Green Energy Association of Israel and secretary of Global Solar Council. At a presentation about green energy and bilateral […]
Works on Podveležje wind park to start this year
The Government of the Federation of Bosnia and Herzegovina gave the approval to public enterprise JP Elektroprivreda BiH dd (Electric Utility of BiH) for the launch of the construction of Podveležje wind power plant near Mostar in the south of the country. The project starts with roads, and goes on to substations and the installation […]
Support payments rise 9% on 4% increase of output
At the end of September the feed-in system included 3,915 power plants with a combined installed capacity of 428 MW, Slovenian power market operator Borzen said. The trend of rising support payments continues in the first nine months of this year, according to the company’s report. Total electricity production within the support system increased by […]
Two mini hydro projects in southeast Serbia need no impact assessment
The Ministry of Agriculture and Environmental Protection of Serbia said there is no need for environmental impact assessments for small hydropower plants Topli Dol 1 and Selište. The first system should be installed on Rekitska river within the Stara planina nature park in the municipality of Pirot in the country’s southeast. The expected capacity is […]
Green light for EU-financed concentrated solar power projects
The cabinet approved funding on October 29 for CY EOS Green Energy project by Alfa Mediterranean Enterprises Ltd. for a 50 MW solar thermal power park in the Alassa area in Limassol, portal In-Cyprus reported. The concentrated solar power project was selected for funding within the framework of the second phase of the NER300 programme […]
PPC Renewables granted permit for biomass facility
A wholly-owned green energy subsidiary of Public Power Corporation, the main power utility, has been granted a permit to develop a 25 MW biomass power plant in the Kozani area, northern Greece, by the Regulatory Authority for Energy (RAE), Energy Press reported. PPC Renewables’ facility is planned to run on fuel provided by agricultural crops […]
Smart battery can bring Tilos to 80% green energy
A study by energy storage developer Younicos has found that Tilos could push the share of green energy in its beyond 80% by installing an intelligent battery. The Greek island would thus dramatically reduce its costs for expensive fossil fuel-based power, which is currently transported to the island through an interconnection from the neighboring island […]
