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 […]
Taaleri, Masdar to set up JV to develop wind, solar projects in CEE
Taaleri Energia, a Finnish wind and solar developer and fund manager, and Masdar, the Abu Dhabi Future Energy Company, have signed an agreement today for the establishment of a joint venture with the aim of developing renewable energy projects in Central and Eastern Europe (CEE). The joint venture aims to build upon of the success […]
Mercedes-Benz signs Germany’s 1st corporate renewable PPA
Carmaker Mercedes-Benz has signed Germany’s first corporate renewable Power Purchase Agreement (PPA), as part of plans to supply all its German plants with CO2-neutral energy by 2022. According to a press release from the carmaker, Mercedes-Benz will buy wind power for its German operations through a corporate renewable PPA signed with Norway’s state-owned Statkraft, Europe’s […]
Greece sells 221.6 MW in renewables capacities, larger solar projects to be reoffered in January
Greece auctioned off around 221.6 MW in combined renewables capacities on December 10, selling approximately 61.94 MW in solar photovoltaic (PV) capacities and 159.65 MW in onshore wind energy capacities, at prices lower than those achieved in the previous auctions, according to a press release from Greece’s energy regulator, RAE. RAE cancelled the auction for […]