Land lease agreement signed for Brajići wind farm

A consortium led by German renewable energy firm wpd has signed a land lease agreement for wind farm Brajići near the Montenegrin coastal city of Budva, a project valued at EUR 101.3 million. The Brajići wind farm, with an installed capacity of slightly over 100 MW, is projected to generate around 220 GWh of clean […]

450 MW offshore wind park to be built in Adriatic Sea

Italy-based energy services company Saipem has announced plans to build one of the first wind farms in the Adriatic Sea in cooperation with two other domestic firms. The offshore wind power plant, described as the biggest in Italy, will have an installed capacity of about 450 MW. Saipem said the planned wind farm will have […]

EU expects Montenegro to investigate Možura wind farm allegations

The European Commission expects a “credible, independent, and efficient” investigation into allegations of corruption surrounding the construction of the Možura wind farm, according to the commission’s spokesperson, Ana Pisonero. The corruption allegations had also been the subject of an investigation conducted by the murdered Maltese journalist Daphne Caruana Galizia. Assistant director of the Montenegrin Police […]

Court halts Vrataruša 2 wind farm project over EIA study

Croatia’s High Administrative Court has annulled a decision of the Ministry of Environmental Protection and Energy to free the investor from the obligation to produce an Environmental Impact Assessment (EIA) for the planned 24 MW Vrataruša 2 wind farm near the city of Senj. The ruling is based, among other things, on the potential adverse […]

Renewables August 10, 2020

Terna Energy sells Mountain Air wind farm in US

Greece’s Terna Energy has sold the 138 MW Mountain Air wind farm in Idaho in the United States to Innergex Renewable Energy Inc. for USD 215 million. According to the Greek energy company, the operating profit of the project amounted to USD 17.6 million in 2019. The sale is expected to generate a profit of […]