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, […]
IKEA parent confirms acquisition of Vestas’ 80% stake in Romanian wind farms
Ingka Group, the parent company of Swedish furniture giant IKEA, has confirmed in a press release it has reached an agreement with Denmark’s Vestas Wind Systems to acquire an 80% stake in 7 wind farm entities in South-East Romania. Although the transaction between IKEA’s parent company and the Danish wind turbine manufacturer is signed, final […]
Piraeus Bank joins EUR 650 million EIB green infrastructure investment program
Piraeus Bank has agreed to support a new EUR 650 million infrastructure investment program developed by the Hellenic Ministry of Development and Investments and the European Investment Bank (EIB). Piraeus is the second leading Greek bank to confirm participation with the scheme, after the National Bank of Greece. Piraeus Bank will identify and invest in […]
What can President Trump learn from the Danes? Answer provided by Ida Auken
“If it doesn’t blow, you can forget about television for that night”. This remark on wind farms by Donald Trump is just one of many in his attempt to derogate green energy and to praise the fossil fuels industry. Trump withdrew the US from the Paris agreement in 2017, and rolled back many rules introduced […]