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 […]
Greece’s RAE proposes stricter rules for renewables capacity auctions
Greece’s Regulatory Authority for Energy (RAE) has suggested stricter participation requirements for the new three-year renewable energy (RES) auctions in order to increase successful bidding. The regulator has proposed EUR 1.000 as a minimum registration fee for renewable energy auctions to be calculated at EUR 150 per MW rate. According to the proposals, participants will […]
Chinese company interested in building 60 MW wind park in Nova Crnja
The Municipality of Nova Crnja is negotiating with Chinese investors on the construction of a 60 MW wind farm, said the Mayor of Nova Crnja Municipality Pera Milankov. He said that the Municipality has 1,000 hectares for the construction of wind, solar or biogas power plants. “Thanks to this fact, our municipality is unique in Serbia. […]
German Juwi renewables company completes solar power projects at three sites in Turkey
The German maker of solar and wind-powered energy facilities Juwi said it had completed a series of small solar power plants of a total power of 19.7 MW at three sites in Turkey. The small solar plants which do not require licenses since they each have less than one MW of installed power were built […]