Croatia’s enterprise zone Novi Stankovci expects 10 MW in solar plants
Interest in solar power projects in the Novi Stankovci enterprise zone in Stankovci near Zadar, Croatia has spiked in the past few months, and the local authorities expect the construction of solar plants with a total installed capacity of about 10 MW in the next year and a half, on an area of more than […]
New Croatian Energy Strategy and Electric Energy Market
Author: Marija Mušec, Partner at Law Firm Bardek, Lisac, Mušec, Skoko d.o.o. in cooperation with CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH In May 2019, the Croatian Government proposed a new national Energy Strategy to run until 2030, including an overview to run to 2050. The proposal is currently under public review. The Energy Strategy foresees three […]
GGF Impact Report: 2.75 TWh of energy saved annually, CO2 emissions cut by 692,183 metric tons
By the end of 2018, the Green for Growth Fund (GGF) had financed nearly EUR 825 million in green investments, substantially reducing energy consumption and CO2 emissions. The fund’s investments are having a measurable impact on households and businesses by reducing their energy bills and CO2 emissions as well as enabling them to use resources […]
Romania to allow investors to trade electricity from projects under development
Romania’s legislation will be amended to allow investors in energy projects to trade electricity to be generated by projects under development, in order to enable them to raise financing for their investments, Romania Insider reported. Investors in energy projects, particularly those in renewable energy projects, have been urging Romania’s authorities since 2012 to enable them […]
Siemens Gamesa unveils world’s first electrothermal energy storage system
Siemens Gamesa Renewable Energy has put into operation the world’s first electrothermal energy storage system (ETES), which makes it possible to store large quantities of energy cost-effectively, decoupling electricity generation and use. The innovative storage technology is key to the next step in the energy transition, according to a press release from the Spain-based wind […]
Turkey touts ambitious renewable energy plans as it awards 1 GW of wind capacity
Turkey aims to increase the share of the domestic and renewable energy sources in the country’s electricity production to two-thirds by 2023, said Turkey’s Energy and Natural Resources Minister Fatih Donmez said at a recently held G20 ministerial meeting in Japan. “Last month another wind auction for 1 gigawatt capacity was also successfully completed,” Donmez […]
Greece launching new renewables, sustainable infrastructure investment scheme
Fresh investment in renewables, energy efficiency, and urban development projects across Greece will be supported following the first agreement under a new EUR 650 million infrastructure investment initiative, according to a press release from the European Investment Bank (EIB), which manages the Infrastructure Fund of Funds. The Infrastructure Fund of Funds, to support renewable energy […]
European Commission: Turkey makes good progress on renewables, energy efficiency
Turkey is moderately prepared in the area of energy, according to the European Commission’s latest report on the country in view of EU enlargement. Good progress has been made on security of supply, renewable energy, and energy efficiency, the European Commission said. In the coming year, Turkey should in particular: adopt legislation in line with […]