Cyprus agrees construction of 50 MW concentrated solar power plant
A concentrated solar power system may become operational already next year, as the agreement with the government of Cyprus was signed after all permits have been secured. Alfa Mediterranean is about to build the 50 MW solar power plant using Australian tech. Following years of delays, Alfa Mediterranean Enterprises finally signed the contract with the […]
Vis island turning self-sufficient as HEP’s 3.5 MW solar plant starts trial run
The solar power plant in Vis landed a contract for trial production. The 3.5 MW facility developed by HEP Group should make the island self-sustainable in energy terms when a storage unit is finished. Croatian Energy Market Operator Ltd. (HROTE) has announced it signed a contract with Sunčana elektrana Vis and temporarily included it in […]
Greece awards nearly all wind, solar capacity at auction as prices drop
Households and companies in Greece may see a decline in electricity tariffs after the latest auction of solar and wind capacity. Regulators accepted offers from power plant operators for a total of 141.9 MW and 471.8 MW, respectively, and the bidding brought lower power prices. The Regulatory Authority for Energy – RAE said this year’s […]
TAQA, Masdar, EDF, JinkoSolar ink deal for 2 GW PV plant in Abu Dhabi
Al-Dhafra, which the United Arab Emirates claims would be the biggest single-site solar power facility in the world, will have 3.2 million panels, enough to supply 160,000 domestic households. A state-owned utility in Abu Dhabi signed a power purchase agreement for the 2 GW PV plant with TAQA and Masdar from the UAE and the […]
Hundreds of Greek families jointly building solar power plants of 100 MW
Agricultural cooperative Agrinio Union said works are underway on a group of photovoltaic facilities developed by the local energy community it established. Five hundred Greek families are jointly building solar power plants of 100 MW in total and the model has been incorporated in the national legal framework for future investments in the country. A […]
Galascope completes solar power plants of 7.5 MW in Cyprus
RCB Bank financed the construction of two solar power plants in Cyprus with the help of the European Investment Bank. Galascope connected the facilities with an overall capacity of 7.5 MW to the grid and it will sell electricity in the open market. Galascope connected two photovoltaic parks of 7.5 MW in total to the […]
EFT signs concession for 60 MW solar power plant in Bileća in BiH
Energy Financing Team SE Bileća inked a deal for its first photovoltaic unit. After EFT Group’s subsidiary launched the initiative for a concession to build a 60 MW solar power plant, the Republic of Srpska started the procedure in January. The Ministry of Energy and Mining of the Republic of Srpska said Minister Petar Đokić […]
Zorlu Energy merging its geothermal, renewables businesses for IPO
Zorlu Enerji Elektrik or Zorlu Energy intends to establish a renewables subsidiary and prepare it for an initial public offering. The new company, Zorlu Yenilenebilir Enerji, will focus on geothermal projects, according to the agenda prepared for the general assembly next month. Zorlu Jeotermal Enerji Elektrik, Zorlu Doğal Elektrik and Rotor Elektrik, fully owned subsidiaries […]
