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 […]
IBC Solar commissions new PV plant, as lira crisis rattles solar market, but is also seen as opportunity
The Turkish subsidiary of German photovoltaic (PV) systems and energy storage company IBC Solar AG has commissioned a turnkey solar energy project with a total capacity of 1.161 MWp in Merkez near the Bulgarian border for Turkish textile company Edirne Giyim Sanayi, according to a press release from IBC Solar. The ground-mounted PV plant with […]
Vojvodina seeks to incentivize solar energy use in agriculture
The Secretariat for Energy, Construction, and Transport of the province of Vojvodina has invited applications for grants to back projects to use solar energy for irrigation. Registered agricultural producers will be able to compete for a total of RSD 10 million in grants, which can cover up to 80% of investment needed for a single project, but […]
Greece launches regular renewable energy auctions in shift from standard FIT model
Greece has held its first regular competitive auctions for renewable energy capacities, after significantly trimming the offered capacities as a result of rejecting a slew of applications over technical matters. The descending-price renewable energy auctions, representing a shift from the standard feed-in tariff (FIT) model, resulted in considerably lower rates to be paid to investors […]
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 […]
US solar energy firm SunPower agrees Albania market entry
US solar energy company SunPower Corporation has entered into an agreement to launch sales for the first time ever in Albania through local wholesaler EuroElektra, the Albanian company has said, according to media reports. Under the agreement, the San Jose, California-based company’s photovoltaic (PV) products will come with a warranty of up to 25 years […]
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 […]
