Energy transition is region’s development opportunity, experts say in REPCONS survey
The energy transition is a development opportunity for the region, and the key factors for its implementation will be the European Union’s influence on local politicians as well as the downward trend in costs for wind and solar photovoltaic (PV) power plant technology, according to experts from Bosnia and Herzegovina, Montenegro and Serbia. They expressed […]
First documents signed for wind park in east Serbia with 21 turbines
Stakeholders have signed a contract envisaging the production of a detailed regulation plan for the Crni vrh area, where a wind power plant of 50 MW is planned to be built. Mayor of Bor Aleksandar Milikić said would be the first domestic investment in a facility of its kind. The idea is for 14 turbines […]
Dravske elektrarne Maribor plans EUR 65 million investment in wind farms
Slovenia’s power utility Dravske Elektrarne Maribor (DEM) plans to invest EUR 65 million in three wind farms – Ojstrica, Paški Kozjak, and Rogatec. The installed capacity of the wind farms would be 46 MW with an expected output of 122 GWh per annum. Currently, Slovenia has only two wind turbines, with the production of 6 […]
Slovenia drafting zoning plans for eight wind farms
The Ministry of the Environment and Spatial Planning is working on national zoning plans for eight wind farms as part of efforts to increase the share of energy produced from renewable sources, in line with Slovenia’s energy policy and climate goals, local media reported, citing STA. Despite its considerable wind potential, Slovenia currently has only […]
Terna Energy Finance to launch green bond offer on October 16
Terna Energy Finance, a member of Terna Energy Group, will launch a public offer of a EUR 150 million seven-year bond on October 16. Greece’s first green bond offer will be deemed successful if at least EUR 120 million worth of securities are subscribed. The public offer of the green bond, certified by the Climate […]
Four systemic Greek banks join EUR 650 million sustainable infrastructure program – EIB
The European Investment Bank (EIB) has confirmed in a press release involvement of four systemic Greek banks in a new EUR 650 million green infrastructure investment program. Confirmation of the involvement of the four systemic Greek banks – Alpha Bank, Eurobank, National Bank of Greece, and Piraeus Bank – will enable EUR 650 million for […]
Vestas wins 185 MW in wind turbine orders in Greece
Denmark-based Vestas Wind Systems A/S has won three new wind turbine orders in Greece, for a total capacity of 185 MW, according to press releases from the company. The latest order, from Volterra S.A., is for 15 V117-3.45 MW wind turbines delivered in 3.6 MW Power Optimised Mode for two wind farms in the Viotia […]
Greece’s Terna Energy adds 2 wind farms in Texas to U.S. portfolio
Greek renewable energy company Terna Energy has seen a significant strengthening of its wind farm portfolio in the United States with the completion of two significant investments in the Texas area, according to a press release from the member of GEK Terna Group. The 158 MW Gopher Creek (Fluvanna 2) wind farm in Borden County, […]