Croatia’s Ivicom gets concession for 40 MW wind park
Ivicom Consulting, headquartered in Zagreb, obtained a concession for the construction of a wind park with a capacity of up to 40 MW in Una-Sana Canton in Bosnia, SeeNews reported. The project’s total cost is BAM 50 million (EUR 25.56 million), according to the canton’s economy minister Vid Šantić. The power plant will be located […]
Serbia’s first wind park launched at Kula
MK-Fintel Wind a. d. officially opened its 9.9 MW wind power plant in the country’s northwest, after an investment of EUR 15 million. Energy minister Aleksandar Antić said on that occasion three directives will be adopted soon to define the new model for the power purchase agreement (PPA) in the field of renewable energy sources, […]
Malta’s state-owned company to build Možura wind park
“We are pleased that a reputable company from an EU country is interested in investing in the energy sector and wind power plant projects in Montenegro,” Minister of Economy Vladimir Kavarić said following his meeting with Minister for Energy and Health of Malta Konrad Mizzi, the Government of Montenegro said on its website. The transfer […]
Fintel Energia signs term sheet for Košava wind farm
MK-Fintel Wind AD, subsidiary of Fintel Energia Group SpA, signed a term sheet with a consortium formed by international partners to finance, build and operate a wind farm of up to 128.7 MW of installed power in the municipality of Vršac northeast of capital Belgrade. The consortium will acquire, subject to certain requirements, the majority […]
Fintel secures financing, permit for wind parks
Energobalkan DOO signed a contract with Unicredit Bank Serbia for financing La Piccolina wind farm of 6,6 MW, located in Vršac, operator’s parent company Fintel Energia Group SpA said in a press release. The Italian independent power producer added that the total amount of the loan is equal to EUR 7 million, while the required […]
Saint Nikola wind farm output tops 1.54 million MWh since launch
The Saint Nikola wind farm near Kavarna, in northeastern Bulgaria, has produced more than 1.54 million MWh of electricity in its five years of operations, US-based AES, which operates the plant, said, SeeNews reported. Through its operation, the wind park has saved more than 1.2 million tonnes of carbon emissions, AES said in a press […]
Elicio’s two wind parks in Alibunar remain in the pipeline
Representatives of Electrawinds confirmed they are committed to building two wind parks, Alibunar municipality website said. Ludo Vandervelden and Nicolas Bruyonooghe, CEO and development manager of Elicio NV, the company that took over Electrawinds’ projects in Serbia, visited the municipality seat and said it is a good place for investing, as is the whole of […]