Republic of Srpska: KfW loan for Hrgud wind park approved by Assembly, opposition disputes it
Assembly of the Republic of Srpska approved a EUR 60 million loan from the German Development Bank KfW for the construction of Hrgud wind farm. The opposition’s NDP party says it would appeal to the Constitutional Court because it considers the decision illegal. State-owned utility Elektroprivreda (ERS) was granted a 50-year concession for the construction and […]
Krnovo wind park to start trial production of energy in early 2017
Works on the construction of Krnovo wind power plant near Nikšić are completed and trial production of energy should start early next year after the operating licence is obtained. The Krnovo wind power plant consists of 26 wind turbines, two transmission lines and two substations, maintenance buildings, while planned annual production is between 200 to […]
EBRD to support renewable energy projects in Greece
The European Bank for Reconstruction and Development (EBRD) will support one of the leading Greek renewable energy companies Terna Energy S.A. with EUR 50 million to develop projects in Central Greece. Terna Energy will invest a total of EUR 60 million in the development, construction and operation of renewable energy projects in Greece. One of […]
Half of 26 wind turbines at Krnovo installed
On plateau Možura the preparatory works for a wind farm have begun, while 13 out of 26 planned wind turbines are set at Krnovo wind park and the installation of two more windmills is in the final stage, according to investors, Pobjeda newspaper reported. The consortium of Akuo Energy from France and Ivicom Consulting from Austria said […]
Solar, wind gaining in competitiveness against conventional power
Due to significant political and economic support for renewable energy technologies in Germany, Spain and other countries over the last twenty years, huge progress in terms of cost effectiveness has been made, mainly in wind and photovoltaic, said Bojan Reščec, RP Global’s Country Manager for Croatia and Western Balkan. In an interview with Balkan Green […]
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 […]
