Turkey set to boost renewables capacity to 63 GW by 2024, rank 5th in Europe
Turkey is expected to become the 5th biggest renewable energy country in Europe by 2024, and the 11th in the world, with a projected 50% increase in installed renewables capacity, driven mainly by new solar power installations. Turkey is expected to add nearly 21 GW to its overall renewable energy capacity between 2019 and 2024, […]
Croatia’s proposed energy strategy envisages raising renewables’ share to 36.4% by 2030
The Croatian government has sent to parliament a proposal of the country’s energy sector development strategy until 2030, with projections until 2050, which envisages increasing renewables’ share in gross final energy consumption to 36.4% by 2030. Presenting the proposal of the strategy, Minister of Environmental Protection and Energy Tomislav Ćorić said that renewables’ share is […]
Ukraine launches renewable auction system
Authors: Maria Orlyk, Partner and Sergiy Datsiv, Associate, CMS Reich-Rohrwig Hainz,Kyiv Starting 1 January 2020, Ukraine launches a new state support mechanism for renewables. Power generating facilities seeking state support must take part in e-auctions and compete for the right to sell power to Ukraine at the lowest possible price. Introduction In the first half […]
Ministry announces public call for subsidizing installation of solar thermal panels in North Macedonia
North Macedonia’s Ministry of Economy has published a public call to allocate MKD 30 million (around EUR 488,000) to households for purchasing solar thermal panels and PVC or aluminum windows, the Ministry said on its website. The public call is part of the implementation of the 2019 program for the promotion of renewable energy sources […]
Croatia aims to triple wind, boost solar energy capacities 20 times in next 10 years
Croatia aims to increase its wind energy capacities by a factor of three and solar energy capacities by a factor of 20 in the next 10 years, Minister of Environmental Protection and Energy Tomislav Ćorić said at the WindEurope 2019 Conference & Exhibition, held from April 2 to 4 in Bilbao. With wind and other […]
Renewable energy reaches one-third of global power capacity at end-2018
Renewable capacity expansion continues to be driven mostly by new installations of solar and wind energy, which accounted for 84% of all new capacity installed in 2018, finally pushing the overall share of hydro to just under 50%. For the first time total renewable energy generation capacity reached a third of total installed electricity capacity, […]
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 […]
REIC launches first-ever renewables crowdfunding campaign in BiH
REIC, a Sarajevo-based NGO, has invited citizens to donate money for buying and installing solar hot water panels at mental health asylum Drin in Fojnica, launching the first-ever renewables crowdfunding campaign in Bosnia and Herzegovina. The goal of the crowdfunding campaign is to raise at least BAM 20,000, or USD 15,000, for solar panels that […]