Turkey to schedule 1 GW solar tender for third quarter

Turkey plans to complete the tendering procedure for 1 GW in solar power in the next quarter, Turkey’s Minister of Energy and Natural Resources Fatih Dönmez said during the online Turkey Energy Summit. The tendering procedure was first planned for January 2019, but it was later pushed back to April of this year, and then […]

Corporate power purchase agreements – time to get ready!

Authors: Louise Dalton, Partner, CMS London; Ivan Gazdić, Partner, CMS Belgrade; Igor Đorđević, Attorney-at-Law, CMS Belgrade; Charlotte Rihoy, Trainee Solicitor, CMS London To date, renewable energy projects in the Balkans have been supported by traditional feed-in tariff subsidy schemes (FiT). Certain Balkan countries (e.g. North Macedonia and Bulgaria) have begun to implement alternative schemes, such as […]

Vienna ranked first among greenest cities in the world

Vienna is the greenest among the 50 most visited cities on the planet, according to the study evaluating the cities’ green and sustainable solutions such as parks, the use of renewable energy sources, public transportation, water consumption, walkability, recycling and air pollution. Resonance Consultancy, which conducted the study, added a green index to its Best […]

PetroSolar to install smart bus stops in Niš by end of May

Serbia’s third-largest city is introducing local bus shelters with solar-powered systems. They will have free 4G Wi-Fi, mobile chargers and LED lighting. A group led by PetroSolar already delivered the smart bus stops, which will be placed in the center of Niš. The Directorate for Construction of the City of Niš has said PetroSolar projekt […]

Abu Dhabi gets world’s record low solar power price offer

A local utility from the United Arab Emirates is starting talks with a consortium which offered to build a 1.5 GW photovoltaic plant and sell electricity for USD 13.5 per MWh. The bid by EDF and JinkoSolar broke the record set this year in Qatar. Solar power has never been cheaper at utility scale. Électricité […]

Renewables April 30, 2020

Greece gets cheapest solar, wind power so far

Regulators in Greece accepted the offer by an affiliate of PPC Renewables to sell electricity from a planned 200 MW solar power plant. The price achieved at the auction, EUR 49.11 per MWh, is the lowest ever in the country for photovoltaics. The Ministry of Environment and Energy of Greece has said the level of […]