Emon Electric sold to EnComm
Swedish-based wind energy and photovoltaic project developer Monsson Group said it sold Emon Electric from Romania to African company EnComm for an undisclosed sum in order to focus on external markets with a more stable business environment, SeeNews reported. Monsson bought the majority stake in the electric works business in May 2014. “I believe that […]
Industry saving EUR 48 million per year on green power costs
As earlier this month the European Commission approved Bulgarian state aid system of support for generation of energy from renewable sources from 2011, the measures will be implemented retroactively, from August last year through 2020. Over two hundred companies are going to save BGN 94 million (EUR 48 million) per year or EUR 255.5 million […]
AREA: Government breaches contract with SHPPs
A recent decision by the government in Tirana to obligate local and foreign companies in the field of renewable energy to accept new contracts concluded with the Albanian Power Corporation (KESH sh.a.) jeopardizes the rights acquired by concession deals, based on which they have made investments of millions of euros, Albanian Association of Renewable Energy (AREA) said. The Albanian Energy Regulatory […]
Wind capacity in operation rises to 5.15 GW
As of July, there were 127 operational wind power plants in Turkey, compared to 113 at the beginning of the year. The capacity increased by 428 MW to 5.15 GW in the six months through June, according to a regular report by the Turkish Wind Energy Association (TWEA or Türeb). Last year there was 956 MW in newly operational […]
Exergy adding 200 MW in geothermal in Turkey
The Turkish subsidiary of Exergy SpA, Italian manufacturer in the geothermal sector, aims to add 100 MW in capacity in Turkey by the end of this year and an additional 100 MW in 2017, said Matteo Quaia, deputy general manager for the country. He told Anadolu Agency the firm has a turnover of more than […]
HEP installs equipment in two cogeneration plants
The installation of major equipment in Hep Group’s first combined heat and power (CHP) plants on forest biomass in Osijek and Sisak is complete. The start of trial operation in the two cogeneration facilities is scheduled for the beginning of next year while they are expected to obtain operating permits in the spring, the Croatian state-owned power utility revealed. The units worth more than EUR 35 […]
Power output eligible for incentives rises 4.6%
Slovenia’s electricity feed-in support scheme for renewable energy sources and high-efficiency cogeneration power plants included 3,899 facilities with an overall capacity of 416 MW at the end of June, power market operator Borzen reported. In comparison, last year was finished with 21 units more and 433 MW. The volume includes 8.9 MW of the TE-TOL […]
Investors in Vranduk brief locals on project schedule
People from the community living in the vicinity of the location of future hydropower plant Vranduk convened with investors, contractors and the representatives of the European Bank for Reconstruction and Development in the refurbished social centre after works started at the end of last month. The meeting, held on August 3, was organized to lay […]