GGF Impact Stories: Greening Serbia’s energy mix
The Green for Growth Fund (GGF), which was initiated as a public-private partnership in December 2009 by German development bank KfW and the European Investment Bank (EIB), surpassed major milestones in 2017, increasing the total financing it has provided to final borrowers to over EUR 600 million across more than 25,000 individual projects. The GGF […]
China Energy gains renewable foothold in Greece, eyes Balkan expansion
China Energy Investment Corporation, one of the world’s largest power companies, has signed a cooperation agreement with Greece’s Copelouzos Group for renewable energy and conventional electricity. Under the agreement, China Energy will enter into the equity of a significant pipeline of wind farms built by Copelouzos Group, one of the biggest investment groups in Greece […]
KOSTT signs agreement on connecting HPP Lepenci, Koznica wind farm to the grid
Kosovo’s* transmission system operator (TSO) KOSTT has signed agreements on connecting the 10 MW Lepenci hydropower plant (HPP) and the 34.5 MW Koznica wind farm with representatives of the two facilities’ operators. The agreements were signed in compliance with the objectives of the National Strategy on Energy 2017-2026 regarding the security of power supply and […]
China’s SDIC Power eyes investment in 170 MW wind farm in Turkey – daily
China’s SDIC Power plans to build a 170 MW wind farm worth USD 300 million in Turkey’s Aegean provinces of Aydim and Manisa together with SGI Holding, Daily Sabah has reported. The licensing and bureaucratic processes related to the investment SDIC Power plans have been completed, the daily wrote, adding that SDIC Power is expected […]
Wind farm quota not to be raised, investors to be selected in tenders – PM
Serbian Prime Minister Ana Brnabić has said that feed-in quotas for electricity produced by wind farms will not be increased over the coming period, noting that the construction of new wind farms will primarily depend on bids in tenders. Asked whether wind farm projects, which are focused on Serbia’s northern province of Vojvodina, will also […]
GGF supports two large-scale wind farms in Serbia
The Green for Growth Fund (GGF), advised by Finance in Motion GmbH, will support two of the first large-scale wind farms in the country – the 158 MW Čibuk 1 wind farm and the 42 MW Alibunar wind farm with a total of EUR 31.85 million, GGF said in a statement. The GGF secured EUR […]
KOSTT, SOWI sign agreement on grid connection for Selaci wind farm
Kosovo’s* transmission system operator (TSO) KOSTT and SOWI have signed an agreement on connecting the Selaci 1, 2 and 3 wind farm to the power grid of Kosovo*. The connection agreement was signed by KOSTT CEO Ilir Shala and SOWI CEO in Kosovo* Ilir Grapci, KOSTT said in a statement. Following the review of the […]
Concession deal signed with Suzlon to build, operate 25.2 MW wind farm
The Sarajevo Canton government today signed a concession agreement with Suzlon Wind Energy BH, a subsidiary of India’s wind turbine supplier Suzlon Energy, to build and operate a 25.2 MW wind farm, according to a press release on the government’s website. The Ivan Sedlo-Hadžići wind farm will be the canton’s first. The investment is worth […]