Greek PPC to install pioneering energy storage system
Greek Public Power Cooperation (PPC) will install a pioneering battery system for renewable energy storage at its production facility on the Dodecanese island of Karpathos. The biggest power producer and electricity supply company in Greece has decided, according to the Greek energy news portal Energypress, to install a lithium-ion battery system for energy storage as […]
Vojvodina public institutions most interested in efficient lighting, least in biomass
The Provincial Secretariat for energy, construction and transport will support 27 projects in the field of renewable energy sources (RES) and energy efficiency. The majority of project proposals deal with efficient interior lighting, while only a few biomass project proposals were submitted. The Secretariat of the Government of the Autonomous Province of Vojvodina will co-finance […]
Republic of Srpska: Growing renewables share in energy mix
Ten new small hydropower and five solar plants in the Republic of Srpska to be completed by the end of 2017 will increase the share of renewables in the energy mix by two percent. According to Elektroprivreda Republike Srpske (ERS) data, all together 54 small power plants, out of which 16 hydropower, 36 solar and two […]
Turkey to reach 1% solar power share by year’s end
Turkey aims to reach 2,000 megawatts (MW) in installed solar capacities during 2017, according to the head of the country’s renewable energy authority. Turkey has only recently entered the solar power market “game”, said Özgür Can, the general manager of the General Directorate of Renewable Energy (YEGM). “However it is an important and attractive market, […]
Bill Gates: USD 1 billion for scientific breakthroughs in green energy
Bill Gates, a founder of Microsoft and a philanthropist, announced the launch of the fund that will invest more than USD 1 billion in scientific breakthroughs and innovations with the potential to deliver cheap and reliable clean energy to the world. According to Bill Gates, the launch of the fund Breakthrough Energy Ventures (BEV) is […]
Croatian HEP wins auction for transfer of electricity from renewables in Slovenia
Croatian state-owned utility company Hrvatska elektropivreda d.d. (HEP) has won the auction in Slovenia for the transfer of electricity from renewables for the entire ECO Group during 2017. HEP will be licensed to transfer all the electricity generated in the power plants that are part of the ECO Group system during the course of 2017. […]
Proposed law changes for renewable energy in Romania not in favour of small producers
Small energy producers in Romania claim that proposed law changes for the renewable energy sector are not in their favour. After a public consultation, the Energy Ministry has recently published the draft bill for amending the Law 220 from 2008 which sets the support system for the production of energy from renewable sources. According to the […]
Auctions for renewables: towards markets proximity
The future of support mechanisms for renewables with targeted insight towards the SEE markets and bankability point of view By Ladislav Tolmaci, Erste Group Bank AG, Leveraged and Project Finance In the recent depressed wholesale power price environment predominant on the European commodity exchanges, any investment into electricity generating technology becomes related to a question […]