Czech embassy invites non-profit legal entities to apply for renewables grants
The Czech Embassy in Bosnia and Herzegovina (BiH) has invited non-profit legal entities to apply for grants of between BAM 18,900 and BAM 37,800 (approx. EUR 9,650 and EUR 19,300) for projects in the field of renewable energy sources to be carried out in 2019 under the Local Small Scale Projects program, according to an […]
Terna secures financing from EIB, Alpha for two wind farms in Greece
Greece’s Terna Energy Group has secured financing for the construction of two 44 MW wind farms on Mt. Vermio in northern Greece. The European Investment Bank (EIB) extended a EUR 24 million loan, while Alpha Bank acted as co-lender providing an equivalent amount of long-term debt next to a medium-term VAT facility. The EIB’s loan […]
Greece’s PPC unveils plan to boost share of renewables, expand to other markets
Greece’s majority state-owned power utility, Public Power Corporation (PPC), has developed its 2018-2022 strategic and business plan with the support of its advisor, envisaging the company’s expansion to foreign markets and boosting the share of renewables in its overall energy generation mix, among other matters, according to an announcement from PPC. The advisor is consulting […]
Cyprus preparing plan to cut GHG emissions, plastic waste – minister
Cyprus will complete a new national plan for climate and energy within the year to address cutting GHG emissions and plastic waste, Agriculture, Rural Development, and Environment Minister Costas Kadis said during a recent discussion in the Cypriot parliament. For his part, Theodoulos Mesimeris, Head of the Climate Change Unit at the ministry’s Department of […]
Feed-in premiums, auctions seen replacing “obsolete” feed-in tariff model
The feed-in tariff model of incentives for renewable energy production is obsolete, and the next step will be the introduction of feed-in premiums and auctions, said Miloš Banjac, assistant energy minister for renewable energy and energy efficiency. Banjac, however, did not specify which subsidy mechanism will be in place after the existing decree on feed-in […]
Bulgaria to add 647 MW in installed capacity, RES contribute with 401 MW
Bulgarian electricity transmission system operator ESO has announced its plan to add additional installed capacity of 647 MW by 2027. Renewable energy will be accounted for 401 MW. The forecast is based on ESO’s ten-year plan for the development of the electricity transmission network. This is expected to increase the country’s annual electricity production to […]
Turkey plans to conduct solar and wind tenders of 10 GW each
Turkey plans to hold 10 GW of solar and 10 GW of wind tenders in next 10 years as a part of Turkey’s Renewable Energy Resource Zone (YEKA) project. Turkey’s goal is to increase its energy capacity and to focus on renewable sources, Berat Albayrak, Turkey’s energy and natural resources minister announced earlier this week In […]
Croatian HOPS has become member of Mediterranean Association Med-TSO
HOPS, the Croatian transmission system operator (TSO) has become a member of Med-TSO, the Association of the Mediterranean Transmission System Operators for electricity, sharing the primary goal of creating a Mediterranean energy market. During the Med-TSO assembly in Brussels last week, Croatia officially become the 19th country-member of the association which has 400,000 kilometers of […]
