Finnish green energy companies visiting Belgrade
Companies from Finland presented their products and solutions for renewable energy production from biomass and waste management at the industry seminar held in the Finnish ambassador’s residence in Belgrade. Finland is a country well known for its advanced use of biomass for renewable energy, generated mostly from forestry industry, but also from agriculture. Due to […]
Islamic Development Bank to provide financing for Turkish energy sector
Being a key development sector for the bank, energy projects in Turkey will receive “significant financial support over the next 10 years” from Islamic Development Bank (IDB), said Salah Jelassi, IDB`s Turkey director in an interview for the Anadolu Agency – Energy News Terminal. “In recent years IDB provided USD 540 million for energy projects […]
IRENA tailors renewable energy Action Plan for the SEE region
The International Renewable Energy Agency (IRENA) will work closely with South East European (SEE) regional stakeholders to customize further actions that will improve renewable energy sector in the region. Developing the customized SEE renewable energy Action Plan was announced at the workshop in the Bucharest, co-organized with the Romanian Ministry of Energy. “Romania has almost […]
Only five green power units added this year
According to fresh data from the Energy Agency of the Republic of Macedonia, power plants that use renewable sources, excluding large hydropower, have total capacity of 117.8 MW, a comparably small share of total electricity generation, portal Build.mk reported. The 168 renewables units are equivalent to only one thermal power plant, TEC Oslomej in Kičevo, […]
EPS to initiate tenders for small hydro units
Electric power utility of Serbia (EPS) announced it intends to use the proceeds of a loan from the European Bank for Reconstruction and Development for four tenders, three of which are expected to be launched during the last quarter of the year. The whole project has a total estimated cost of EUR 37 million. The overall […]
EPBiH to get Podveležje wind power plant site online
Bajazit Jašarević, chief executive of Elektroprivreda Bosne i Hercegovine dd (Electric Utility of Bosnia and Herzegovina – EPBiH), and Senad Salkić, chief capital investment officer of the utility, signed a contract on connecting wind park Podveležje to 110 kV transmission network with Matan Zarić, head of Transco (Elektroprenos-Elektroprijenos BiH ad), and Cvjetko Žepinić, its director […]
EBRD sets EUR 100 million for Vakıfbank to on-lend
The European Bank for Reconstruction and Development said it approved EUR 50 million or its equivalent in dollars or Turkish liras to Vakıfbank (Türkiye Vakıflar Bankası t.a.o.) under the Turkey Sustainable Energy Financing Facility 3 (TurSEFF 3). Another EUR 50 million was set under Turkey Sustainable Energy Financing Facility Framework Ext 1 (TurSEFF 2). The […]
Statkraft divesting largest hydro project outside Norway
The Çetin power plant in Turkey, which saw construction works suspended in February, is up for sale by its Norwegian developer. State-owned Statkraft said it is hiring Garanti Securities as a financial advisor in the bidding process, with a deadline for expressions of interest expiring on August 1. As fights between government forces and the […]
