Funding for Bogdanci wind farm’s second phase secured
In two years, the Bogdanci wind farm, the first Macedonian wind power plant online since 2015, should have a total installed capacity of 50 MW, as the second phase will add 6 more wind turbines with a combined capacity of 13.8 MW. The Bogdanci wind farm now has 16 wind turbines each with 2.3 MW, […]
Serbia to launch wind, solar auctions in H2 2019
Serbia will hold its first auctions for the construction of wind farms and solar power plants in 2019, Miloš Banjac, assistant energy minister in charge of renewable energy sources and energy efficiency, said at a conference exploring options to increase the renewables share in Serbia’s energy mix and relevant challenges and recommendations. The conference was […]
HEP says to invest EUR 135 million in renewables on average annually to lift share to 50% by 2030
Croatia’s state power utility Hrvatska Elektroprivreda (HEP) plans to invest HRK 1 billion (around EUR 135 million) in renewable energy sources on average annually, in what will enable it to increase the renewables share from 35% to 50% by 2030, according to a news release from HEP. HEP plans to achieve the target through the […]
Energy Community adopts decision lowering Macedonia’s 2020 renewables target from 28% to 23%
The Energy Community’s Ministerial Council has adopted a decision lowering Macedonia’s 2020 target for the share of renewable energy sources in gross final energy consumption from 28% to 23%. The decision was adopted as a result of a review of the 2020 renewables target requested by FYR Macedonia due to the revision of the country’s […]
Carbon Tracker: 42% of global coal-fired power plants unprofitable
Around 42% of global coal capacity is already unprofitable because of high fuel costs, while it costs more to run 35% of coal power plants than to build new renewable generation facilities, finds Carbon Tracker’s study of the profitability of 6,685 coal-fired power plants worldwide, representing 95% (1,900 GW) of all operating capacity and 90% […]
Renewable Energy Hard Talk to kick off in Sarajevo on December 4
Sarajevo hosts the latest in a series of Renewable Energy Hard Talks organized by the United Nations Economic Commission for Europe (UNECE) on December 4-5. The two-day event at the Parliamentary Assembly of Bosnia and Herzegovina (BiH), titled New Possibilities for Developing Renewable Energy Sustainably in BiH, will be followed by Hard Talks in Montenegro […]
EBRD now offering “mega” Green Innovation Vouchers of up to EUR 50,000
The European Bank for Reconstruction and Development (EBRD) has moved into a new phase of the Green Innovation Vouchers scheme in Serbia to target projects with larger resource-efficiency impact, increasing the value of the vouchers to up to EUR 50,000, according to a news release from the EBRD. A new call for applications for “mega” […]
Regulatory framework, electricity price highlighted as impediments to greening region’s energy mix
The Western Balkans, and Serbia in particular, should continue implementing regulations to help green the energy mix and fight climate change, according to panelists at the 11th Balkan Energy Finance Forum. They also raised the issues of how the low regulated electricity price is affecting investments in the energy sector overall and how third countries […]
