FYRM is promoting renewables and energy efficiency by subsidies

The Government of Macedonia (FYRM) has allocated over EUR 800.000 (MKD 50 million) for the promotion of renewable energy sources and improvement of energy efficiency in households for 2018. The subsidy program, recently published on the Ministry of Economy website determines the method, conditions, criteria and procedure for allocating these funds from the budget. EUR […]

Tilos island is getting ready to become 100 percent green

The innovative hybrid, renewable energy-based battery station and smart microgrid project for Greek Tilos island power supply is ready to commence its trial operation. Since its inception, exactly three years ago, the project has attracted much attention worldwide. It combines energy production from renewable sources – solar and wind, and storage in accumulators with the […]

Call for applications: renewables included in IPARD II in Turkey

Turkish renewable energy sector is one of the sectors to be financially supported by the Agriculture and Rural Development Support Institution (ARDSI) under the Farm Diversification and Business Development Measure. The online applications are open until March 12, while the submission of applications could be made until March 15. Renewable energy investments are included as […]

Renewables February 23, 2018

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 […]