Regulators plan to auction 200 MW in solar, wind projects in Crete
RAE didn’t reveal the size of the chunks or a timeline. It intends to conduct the operation according to the Dutch model – the power purchase price for the solar and wind endeavors in Crete would be lowered until an investor accepts the offer. Thanks to the upcoming interconnections with the mainland, regulators are preparing […]
Solar power project in Cyprus continues after delay to protect orchids
Arrays of 3.5 MW in total in Larnaca will be for self-consumption, so the system won’t supply to the grid with electricity. The firm is developing a solar power endeavor also in the other airport it operates in Cyprus. It took a full year for Hermes Airports Ltd. to overcome the obstacle the Department of […]
Albania gets over 20 applications for 140 MW Karavasta solar power plant
The fate of the similar 100 MW project in the Akërni salt flats is still unknown and the deadline is looming. Half of Karavasta solar system is also set for a fixed power price, to be determined at the auction. Companies from Europe and around the globe have shown significant interest in the contest for […]
EU wind power growth must double to match Green Deal terms: report
Turkey was first in the region last year in new and cumulative capacity, the size of successful tenders and new asset financing. EU saw the share of wind power as primary source jump to 15% in 2019. Data obtained by WindEurope showed the installed wind power capacity in the continent reached 205 GW last year, […]
Hellenic Petroleum acquires juwi’s 204 MW solar power plant project
The fossil fuel giant in transition counts on domestic added value of 40% and hints at the possibility to add electricity storage or other innovative solutions. Hellenic Petroleum leaves German partners in charge of construction in Kozani. The facility would be the biggest of its kind now in Southeastern Europe. Greece’s dominant fuel and petrochemicals […]
Cyprus passes EUR 60.2 million guarantee for concentrated solar power project
Solastor from Australia devised the solution. Alfa Mediterranean is waiting for a loan from the European Investment Bank to start building the concentrated solar power system. It is backed by an EU program. The minority government of Cyprus has succeeded in its fourth attempt to squeeze a European NER300 funding project through parliament, with the […]
North Macedonia to use coal pit Oslomej for 100 MW photovoltaic project
Applications will be received until May 8. The investor is obligated to secure EUR 80 million, the entire estimated cost. North Macedonia’s state-owned utility ESM was declared the public partner for Oslomej, where the photovoltaic power plant will consist of two equal units. Prime minister Oliver Spasovski said solar arrays on the location of a […]
PPC Renewables to apply for rest of two giant solar power units in Greece
Documents are being prepared for the other half of capacity in photovoltaic systems planned at 3 GW in total. The dominant power producer wants to install one of the world’s biggest solar power plants at opencut mines and accompanying coal facilities scheduled to be shut down in the northwest of Greece. Following the 1.5 GW […]
