Suzlon to use fewer, stronger turbines for 25 MW Ivan Sedlo wind park
The subsidiary of a Danish-based company requested another environmental permit after revising the project for a wind power plant near Sarajevo. Suzlon said the Ivan Sedlo facility would consist of five instead of 12 units. The Ministry of Environment and Tourism of the Federation of Bosnia and Herzegovina said Suzlon Wind Energy BH filed a […]
Greece wants to use EU recovery funds for green power infrastructure
The government in Athens is preparing the national plan for funds from the Next Generation EU investment package, which the European Commission launched as a response to the damage from COVID-19. The local media learned Greece may lean on manufacturing cables, pylons and other elements for green energy facilities together with power links and other […]
Greek fossil fuel companies expanding their renewables portfolios
Hellenic Petroleum asked the EBRD for a EUR 75 million loan for a solar power project of 204 MW and its domestic competitor Motor Oil bought a 40 MW wind power plant. Major Greek firms are turning to renewables as energy transition gains traction. The drop in costs for the equipment for green energy production […]
Strong political will and access to European electricity market – key enablers of RES integration challenges in Western Balkans
Authors: REPCONS project team of key experts Experts from the Western Balkans see energy transition as a development opportunity for countries in the region that allows building modern, environmentally and climate-friendly power systems by 2050. Decarbonization of the power sectors needs to be achieved dominantly through the application of solar photovoltaic and wind power technologies, […]
Greece awards nearly all wind, solar capacity at auction as prices drop
Households and companies in Greece may see a decline in electricity tariffs after the latest auction of solar and wind capacity. Regulators accepted offers from power plant operators for a total of 141.9 MW and 471.8 MW, respectively, and the bidding brought lower power prices. The Regulatory Authority for Energy – RAE said this year’s […]
Wpd to build 120 MW wind park in Gračac in Croatia with T. T. Energija
Tekol-Teri’s Vučipolje wind power plant project will become the responsibility of a joint enterprise established by wpd europe and T. T. Energija. They revealed the 120 MW system would be part of a 1 GW complex in border areas in Croatia and BiH. A joint venture was just established by wpd europe and T. T. […]
Global investment in offshore wind power rises fourfold in first half of 2020
The allocation of funds for renewable energy from January to June outperformed data from most economic reports in the world, which can largely be attributed to offshore wind power. The sum of investment decisions in the subsector jumped 319% to USD 35 billion on an annual basis, topping the result from entire last year. The […]
Zorlu Energy merging its geothermal, renewables businesses for IPO
Zorlu Enerji Elektrik or Zorlu Energy intends to establish a renewables subsidiary and prepare it for an initial public offering. The new company, Zorlu Yenilenebilir Enerji, will focus on geothermal projects, according to the agenda prepared for the general assembly next month. Zorlu Jeotermal Enerji Elektrik, Zorlu Doğal Elektrik and Rotor Elektrik, fully owned subsidiaries […]
