Ministers on region’s energy transition: Countries have right to choose their own energy mix
Energy, economy, and foreign ministers of Bulgaria, Hungary, Montenegro, Romania, Republika Srpska (an entity of Bosnia and Herzegovina), and Serbia believe that energy knows no borders, which requires regional cooperation, while they are adamant that every country has the right to determine its own energy mix. According to the ministers, who spoke at the Summit […]
Renewable technology: What to look out for in upcoming years
Author: Marcus Franck, Co-founder of Smart Renewable Heat Renewable energy is a force to be reckoned with. As environmental protests reach an unprecedented scale, there is huge activity and innovation in this sphere. We’re all in this together: international organizations, national governments, local authorities, and private industry players. Smart innovation impacts the Balkans as much […]
EBRD invests USD 100 million in renewable arm of Turkey’s IC Holding
The EBRD is investing USD 100 million in a stake of Ictas Surdurulebilir Enerji Yatirimlari, the renewable subsidiary of Turkey’s IC Energy Holding. The Turkish company plans to invest EBRD funds in wind farms and solar power plants with a combined capacity of up to 250 MW. The agreement was inked on the sidelines of […]
PPC Renewables to acquire 45% stake in Volterra’s 4 wind farms in Greece
Greece’s PPC Renewables, a subsidiary of the country’s majority state-owned power utility, Public Power Corporation (PPC), and Volterra, a subsidiary of AVAX Group, have agreed the joint development and operation of 69.7 MW wind farms in Greece. According to a news release from PPC, the company is in the process of acquiring 45% of Volterra’s […]
Akfen commissions first of four wind farms slated for completion in 2019
Akfen Renewable Energy, the renewables arm of Turkey’s Akfen Holding, has put into operation the first of four wind farms planned to go on stream in 2019. The 26 MW Kocalar wind farm became operational last week, according to reports. The Kocalar wind farm will meet the electricity demand of 120,000 consumers annually, according to […]
Republika Srpska abolishes feed-in tariffs for wind farms
The Parliament of Republika Srpska has adopted a new law on renewable energy and efficient cogeneration, which abolishes feed-in tariffs for wind farms. This is one of the major changes in the regulatory framework announced in the countries of the Energy Community, including Northern Macedonia, Bosnia and Herzegovina and Montenegro. According to the Republika Srpska […]
Proper environmental impact assessment, cooperation with local community key for renewable energy projects
Renewable energy projects, especially those concerning small hydropower plants, have not been without controversy in the region, with investors often not acting in good faith. The other side of the coin is that investors that have done everything they were supposed to have often suffered damage over regulatory changes. In this interview, Zoran Obradović, managing […]
Serbia to launch wind, solar auctions in 2020 – state secretary at energy ministry
The first auctions for privileged renewable energy producers are expected in 2020, State Secretary at the Ministry of Mining and Energy Mirjana Filipović said at a roundtable with members of the American Chamber of Commerce (AmCham). She noted that in the forthcoming period, the system of auctions for granting the status of privileged producers of […]