Terna: EUR 11 billion in green energy projects to boost Greece’s recovery
The Greek economy may get an enormous push with EUR 11 billion investments in renewable energy and electricity storage projects in the post-coronavirus era. According to Terna Energy’s Chairman Giorgos Peristeris, fully licensed investments in renewables with a total capacity of 2,400 MW are ready, while an additional 5,800 MW of renewable energy projects obtained […]
Turkey set to boost renewables capacity to 63 GW by 2024, rank 5th in Europe
Turkey is expected to become the 5th biggest renewable energy country in Europe by 2024, and the 11th in the world, with a projected 50% increase in installed renewables capacity, driven mainly by new solar power installations. Turkey is expected to add nearly 21 GW to its overall renewable energy capacity between 2019 and 2024, […]
EPCG to invest EUR 700 million to build new renewables capacities, upgrade other facilities
State power utility Elektroprivreda Crne Gore (ЕPCG) will invest a total of EUR 700 million to build new renewable energy capacities and upgrade its other power generation facilities to bring them into line with environmental standards, with the aim of reducing dependence on imports due to hydrologic conditions, local media reported following a session of […]
Energy transition – A challenge with no historical precedence (part one)
Author: Goran Granić, director of Energy Institute Hrvoje Požar The energy sectors of all countries are facing a great challenge, a transition amid continuous reduction in CO2 emissions, which is a challenge with no historical precedence and which involves all participants in the technological chain of energy management, all citizens, and all economic entities. At […]
IKEA parent confirms acquisition of Vestas’ 80% stake in Romanian wind farms
Ingka Group, the parent company of Swedish furniture giant IKEA, has confirmed in a press release it has reached an agreement with Denmark’s Vestas Wind Systems to acquire an 80% stake in 7 wind farm entities in South-East Romania. Although the transaction between IKEA’s parent company and the Danish wind turbine manufacturer is signed, final […]
Top 3 in August: Danube pollution, rise of e-scooters, op-ed on renewable energy incentives in Croatia
The Top 3 Most Read articles on Balkan Green Energy News in August are in. The list is also available for our portal’s Serbian/local language version. 1 – Danube polluted with faeces in Serbia, Romania, Bulgaria The River Danube is polluted with faeces along its course in Serbia, Romania, and Bulgaria, with the situation particularly […]
What can President Trump learn from the Danes? Answer provided by Ida Auken
“If it doesn’t blow, you can forget about television for that night”. This remark on wind farms by Donald Trump is just one of many in his attempt to derogate green energy and to praise the fossil fuels industry. Trump withdrew the US from the Paris agreement in 2017, and rolled back many rules introduced […]
HOPS, Siemens sign EUR 5 million contract under Sincro.Grid project
Croatian transmission system operator (TSO) HOPS and technology company Siemens have signed a contract on deploying a variable shunt reactor at transformer station TS 400/220/110 kV Melina, as part of the implementation of the EU-backed smart grid project Sincro.Grid, according to a press release on HOPS’ website. The value of the contract to deploy the […]