New timeframe for Energy Community 2030 energy, climate targets
Targets for 2030 in energy efficiency, renewables and the reduction of greenhouse gas emissions in the Energy Community contracting parties should be adopted by mid-2021, the European Commission has announced, after the previously set deadline – November 2019, wasn’t met. According to the Energy Community Secretariat, at a meeting of the Energy and Climate Technical […]
Croatia’s proposed energy strategy envisages raising renewables’ share to 36.4% by 2030
The Croatian government has sent to parliament a proposal of the country’s energy sector development strategy until 2030, with projections until 2050, which envisages increasing renewables’ share in gross final energy consumption to 36.4% by 2030. Presenting the proposal of the strategy, Minister of Environmental Protection and Energy Tomislav Ćorić said that renewables’ share is […]
Slovenia drafting zoning plans for eight wind farms
The Ministry of the Environment and Spatial Planning is working on national zoning plans for eight wind farms as part of efforts to increase the share of energy produced from renewable sources, in line with Slovenia’s energy policy and climate goals, local media reported, citing STA. Despite its considerable wind potential, Slovenia currently has only […]
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 […]
Terna Energy to invest EUR 250 million in renewables in Greece
Greek energy group Terna Energy has announced EUR 250 million in new investments in renewable energy sources in Greece. Continuing its investment program in Greece, Terna is implementing new investments of more than EUR 250 million in the clean energy production sector, the company has said on its website. In 2019 the company began its […]
NGEN installs first Tesla Powerpack battery storage system in the region
Slovenian energy solution provider NGEN has unveiled the first Tesla Powerpack storage system in the region, located in Jesenice, north-west of Slovenia. This is the largest Tesla Powerpack storage system in Europe. The investment in the 12.6 MW/22.2 MWh battery energy storage system (BESS) including construction, installation, and all equipment is worth EUR 15 million. In […]
GGF secures EUR 25 million from OeEB to continue green finance
The Development Bank of Austria (Oesterreichische Entwicklungsbank AG – OeEB) has increased its investment with the Green for Growth Fund (GGF) by providing an additional EUR 25 million in senior shares, according to a press release from the GGF. OeEB’s commitment will help the GGF continue to develop renewable energy projects and improve energy and […]
Greece seeks to phase out coal by 2028, Ptolemaida V prospects unclear
Greece will adopt a new national energy and climate plan by the end of 2019 that will envisage the shutdown of all coal power plants in Greece by 2028, Prime Minister Kyriakos Mitsotakis said at the UN Climate Action Summit 2019. The plan will also call for expanding the share of renewables to 35% by […]
