Montenegro will not issue new energy license in 2018
The Ministry of Economy of Montenegro did not foresee issuing energy permits in 2018. The reason is that Montenegro is already close to reaching the national target of 33 percent of the produced energy from renewable energy sources (RES). The Government of Montenegro recently adopted the Energy Licensing Plan in 2018, which did not foresee […]
UAE’s Masdar signs deal to invest in Montenegro wind farm Krnovo
Masdar, Abu Dhabi-based renewable energy company has signed a share purchase agreement with Akuo Energy, the leading French IPP in renewable energy, to enter into Krnovo wind farm in Montenegro, which is on stream since November 2017. Both sides announced that under the agreement, Masdar will acquire 49% of Krnovo Green Energy. The agreement was signed […]
Croatia postponed free trade of renewable energy again
The Croatian government postponed the launch of renewable energy free trade for 2019. This is the second consecutive year that the supplier’s obligation to buy electricity from wind farms or other renewable energy sources (RES) at regulated purchase price has been prolonged. According to the provisions of the Croatian Law on Renewable Energy Sources (RES) […]
Turkey’s Sisecam set up second largest solar roof-top plant in Europe
Turkish glass and chemicals group Sisecam made and installed a 6.2MW solar plant at the top of its Mersin Flat Glass Factory. This rooftop photovoltaic (PV) plant has become the second largest solar roof-top in both Turkey and Europe. Total investment in this project was TRY 22 million (EUR 4.8 million). The plant that covers […]
European Commission approved Greek auction scheme for renewable electricity
Greece will organize regular, competitive auctions to grant support to renewable energy sources, as planned, since the European Commission approved the Greek auction scheme for the production of electricity from renewable sources and high efficiency cogeneration. Being in line with EU State aid rules, the scheme will further European Union energy and climate goals whilst […]
Turkey started construction of its first solar module plant
Turkey has marked the end of this year by laying the groundwork for the Renewable Energy Resource Zone (YEKA), the country’s first photovoltaic cell and solar module plant. It should decrease country’s dependency on external energy resources. Commercial operations are expected in the first half of 2019. The Renewable Energy Resource Zone (YEKA) will have the capacity […]
Households electricity prices in Serbia to remain below market prices for a long period
Electricity prices for households are far below what market prices should be in Serbia, an official of the Serbian public power utility Elektroprivreda Srbije (EPS) said. Dragan Vlaisavljević, EPS Executive Director in charge of electricity sales, said those prices are expected to remain at levels below market prices for a long period. Households electricity prices […]
Application for small hydro power plant close to Shkodra in Albania submitted
Albanian company Gjeokonsult & Co submitted an application for a building permit for a small hydro power plant (SHPP) close to the city of Shkodra. The plant will be of up to 2 MW capacity. The new hydro power plant will be built in Fushe Arrez municipality, according to the Albanian energy ministry information quoted […]