Transeastern Power Trust acquires a wind farm in Romania to power up bitcoin mining
Transeastern Power Trust, a Toronto-based investor, has completed the acquisition of a 45 MW wind farm located in the Romanian Dobrogea Region. The wind farm was operated by OMV Petrom Wind Power SRL. The Trust intends to establish a data center operation containing hardware to mine the digital currency Bitcoin predominantly using electricity produced from […]
Vestas to install new 28 MW wind park in Flampouro, Greece
French developer Total-Eren ordered 28MW from Vestas for the Flampouro wind park in northern Greece. With the last order received, Vestas’ total orders intake in Greece reached 250 MW in 2017. The order made by Total-Eren includes supply and installation of two V117-3.45 MW wind turbines and six V126-3.45 MW turbines, as well as a […]
EPS secures EUR 80 million loan for first wind park, construction to start in 2019
Public power utility Elektroprivreda Srbije (EPS) and the German development bank KfW signed a loan agreement worth EUR 80 million to finance the construction of a 66 MW Kostolac wind farm. This will be the first wind power capacity in EPS’ portfolio, which is dominated by coal-fired power plants. “The project is worth EUR 97 […]
GE to supply 38 turbines for Serbia’s third largest wind farm
GE Renewable Energy will provide 38 turbines for the Serbia’s third largest wind farm Blacksmith “Kovačica”. A 15-year full-service agreement for 105 MW wind site is also part of the deal between GE Renewable Energy and Enlight Renewable Energy. Enlight Renewable Energy will be an operator of the wind farm set to be built in […]
Nordex to install nine wind turbines in Izmir province in Turkey
The Nordex Group has received a new contract from Turkey for installation of nine wind turbines in the Province of Izmir. This upcoming 30 MW project will be the sixth project the wind turbine manufacturer is to realize for the same customer in Turkey. Nordex will start installation works in April 2018, in the Province […]
Works on Hrgud, first wind park in Republika Srpska to start soon
The first wind farm in Republika Srpska, 48 MW Hrgud, should be completed in four years. The EUR 60 million loan deal for its construction was signed between the Ministry of Finance of Bosnia and Herzegovina and German KwF Development Bank. This wind farm in Berkovići, a southern municipality of Republika Srpska, comprises 16 wind […]
Another wind park construction to start soon in Bosnia and Herzegovina
Bosna and Herzegovina will soon have another wind park, in Livno municipality. In late October, IMRES Smart Greenergy, the local company, and Turkish engineering firm Enprode signed a deal for the construction of a 51 MW wind farm and for research projects to build a reversible hydroelectric power plant (HPP). Both wind farm and reversible […]
China invests in Greek wind parks, IAE support investments in renewables
China’s Shenhua Group has bought 75% stake in Copelouzos’s four wind farms. The transaction is the first investment of the Chinese company in wind parks in Greece and comes on a day when the IEA’s review found that current policies will not be adequate to guide the energy sector towards the long-term energy transition and […]