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 […]
Belgium company Elicio completes Malibunar wind farm
Belgian utility’s project is prelude for nearby power generation facility of 21 Senvion units. Wind turbines of 8 MW in total capacity, or 2 MW each, were presented in the area of the town of Alibunar, less 60 kilometres northeast of Serbia’s capital Belgrade. Elicio NV’s Malibunar project is located near a site where the […]
Wind turbine collapsed amid high winds on island of Pag
One of seven wind turbines on the island of Pag, in Croatia, collapsed after high winds hit this Croatian island on Friday. So far, the exact cause of the turbine collapse is unknown, but it is assumed that one blade had broken first, which disturbed the balance of the construction, Croatian media reported. On Friday, […]
Israeli Enlight Renewable Energy to build 104.5 MW wind farm in Serbia
Israeli company Enlight Renewable Energy will build one of the largest wind farms in Serbia with a capacity of 104.5 MW in Kovačica, in the northern province of Vojvodina. The project is worth EUR 189 million, and the wind farm is expected to be operational by the end of 2018. The project will be financed […]
IFC, Unicredit, FMO and GGF provide loans for Elicio’s Alibunar wind farm
International Financial Corporation (IFC), a member of the World Bank Group, will support the construction of Elicio’s Alibunar wind farm in Serbia with EUR 19,1 million loan. The IFC announced that the Unicredit Bank, Netherlands Development Finance Company (FMO) and Green for Growth Fund (GGF) have agreed to provide loans worth EUR 40 million for […]
Montenegrin government issues operating permit for Krnovo wind farm
The Montenegrin Ministry of Sustainable Development and Tourism issued an operating permit late in August 2017 for the Krnovo wind farm which started tests of its wind turbines in May this year. The Krnovo wind farm is a EUR 120 million investment which led the Montenegrin authorities to decide to raise subsidies for electricity from […]