Business interests of coal, oil, gas, nuclear are main obstacle to 100% renewable electricity worldwide
Serbia has enough potential to cover energy demand with renewables only, including solar, wind, biomass, organic waste, hydropower, and geothermal. The main obstacles to 100% renewable electricity worldwide are the business interests of coal, oil, gas, and nuclear, says Energy Watch Group (EWG) President Hans-Josef Fell, author of the 2000 German Renewable Energy Sources Act […]
Energy Community Secretariat welcomes first-ever renewable energy support auction in EnC
The Energy Community (EnC) Secretariat has congratulated Albania on successfully completing the first-ever renewable energy support auction in the Energy Community, inviting other EnC Contracting Parties to follow in the country’s footsteps. “We warmly welcome the first renewables support auction in Albania and hope that it will be followed in all Contracting Parties. Renewable energy […]
Greece awards 277.32 MW of capacity in 1st regular competitive auctions, EDP wins largest wind project
Greece’s energy regulator, RAE, auctioned off a total of 277.32 MW in wind and solar photovoltaic (PV) capacities in its first regular competitive auctions, held on July 2, obtaining prices lower than in the December 2016 pilot tender. A total of 53.48 MW was awarded for 83 small PV projects, with a capacity of over […]
SEE parliamentarians visit Berlin, Germany’s administrative and smart development center
Germany is the world’s unofficial champion of energy transition, which is called Energiewende in German. Despite its leadership position and commitment to removing fossil fuels and even nuclear energy from its energy mix, Germany, like other countries around the world, faces numerous challenges concerning the energy sector development planning, but also the sector’s impact on […]
OEDAS inks finance deals worth USD 330 million to upgrade distribution network
Turkey’s electricity distribution company Osmangazi Elektrik Dagitim (OEDAS), a subsidiary of Zorlu Energy Group, has signed project finance agreements with three international finance institutions (IFI) for Turkish lira-denominated lending worth USD 330 million to finance electricity distribution investments. The lending from the European Bank for Reconstruction and Development (EBRD), IFC, a member of the World […]
Solar PV, thermal panel plant opens in Skopje
PiKCELL Group, in partnership with Solar Power, has unveiled a plant to produce solar photovoltaic (PV) and thermal panels in Skopje, the Macedonian media reported. This is the first such plant in Macedonia and the region, according to the reports. The investment is expected to reach EUR 5 million by the end of the year. […]
EBRD mulls equity investment in Turkish renewable energy business
The European Bank for Reconstruction and Development (EBRD) is considering an equity investment, in the form of capital increase, in Turkish renewable energy firm Ictas Yenilenebilir Enerji Uretim ve Ticaret. The portfolio of the renewable energy firm, a unit of IC Ictas Enerji Yatirim Holding, consists of around 400 MW of operational hydropower plants and […]
Tilos island is getting ready to become 100 percent green
The innovative hybrid, renewable energy-based battery station and smart microgrid project for Greek Tilos island power supply is ready to commence its trial operation. Since its inception, exactly three years ago, the project has attracted much attention worldwide. It combines energy production from renewable sources – solar and wind, and storage in accumulators with the […]