Attractiveness of Turkish market growing with renewables
Turkey, despite the problems in the surrounding Middle Eastern region, is a good country to make energy investments, according to the head of Energy Council of Foreign Investors, Anadolu Agency’s Energy News Terminal reported. Mario Diel said in an interview that domestic electricity and natural gas markets are new, developing and ripe for foreign investors to profit. He […]
Green energy producers in Romania facing losses
Renewable Energy Producers Organization in Romania (PATRES) started a protest movement in order to present the difficult financial position of investors in this field, the Business Review reported. According to a press release of the organization, the companies are registering losses of around EUR 201 million due to constant changes in legislation. The renewable producers have been […]
City of Gaziantep unveils climate change action plan
The European Bank for Reconstruction and Development (EBRD) said it is supporting the southeastern Turkish city of Gaziantep in an ambitious set of policies to tackle climate change by cutting emissions by 20% by 2023. The plan for dramatic improvement in the environment is laid out in a comprehensive document launched by deputy mayor Latif […]
DIVE’s second hydro facility in Croatia set into operation
Hydropower plant Klipić, located at river Sunja 100 kilometers southeast of Zagreb, was launched with a turbine capacity of 130 kW. DIVE Turbinen GmbH & Co. KG. stated on its website this is the second facility in Croatia with its equipment, integrated in an old watermill with legal status of protected heritage. The DIVE-Turbine, installed in […]
Crisis alerted firms, citizens about wasting of energy
In the three-day congress held last month in Nicosia, gathering more than 800 participants from 41 countries, the representative of Cyprus was Anthi Charalambous, the director of Cyprus Energy Agency (CEA). She presented the country’s efforts to reduce carbon emissions and transition towards renewable sources of energy, In-Cyprus reported. Municipal authorities achieved a reduction of […]
Understanding energy efficiency investments – a global perspective
By Qendresa Rugova, Burg Capital GmBH, Vienna esa.rugova@burgcapital.com This article is part of a series of two articles on energy efficiency investments covering (1) investment characteristics from a global perspective and (2) existing and emerging financing models for energy efficiency investments and their applicability in the Balkan region. Energy efficiency is an integral part of […]
Is leasing of wind turbines feasible in Serbia?
By Đorđe Popović, Senior Attorney and Marija Marošan, Attorney-at-Law, Petrikić & Partneri AOD in cooperation with CMS Reich-Rohrwig Hainz This article deals with one of the hot topics in renewables in Serbia, namely the legal treatment of leasing arrangements, contemplated by a notable number of financial players on the Serbian market for the purposes of […]
The big green challenge: can we change fast enough?
By Maja Turković, Energy Consultant, co-author of the CIRSD study ’A Roadmap for Deploying Renewable Energy Sources in Serbia and the Regional Perspective’ Fossil fuels have been harnessed as an abundant and easily accessible source of energy for two centuries. This cheap energy enabled the growth of populations and consumption levels; and facilitated technological innovations […]
