Terna Energy to more than double its wind power capacity in Evia island
Terna Energy is rapidly expanding its wind power portfolio in Greece, particularly in Evia. Vestas said it closed a deal with the company to deliver and install 40 turbines on the island with an overall capacity of 144 MW. Terna Energy has placed a 144 MW order for the Karystia wind power project in the […]
Greek gas firm DEPA Commerce in talks to enter wind, solar projects
In line with its declared strategy to create a 200 MW renewable energy portfolio, Greek state-controlled DEPA Commerce is negotiating with project developers to participate in planned wind parks and photovoltaic systems or buy stakes in such power plants that are under construction, according to local media. The gas supplier co-owned by Hellenic Petroleum is […]
Greece approves first 30 applications for renewables under simplified rules
The Regulatory Authority for Energy issued 30 production certificates for investors in renewable sources. It is the first batch of applications for which Greece implemented its new regulations as it scrapped the production license and merged stages in the procedure. The future solar and wind power plants are planned to have a capacity of 307 […]
Greece to move forward with privatization of energy, mining companies
Minister of Environment and Energy of Greece Kostis Hatzidakis announced plans for a quick sale or partial privatization of companies in the energy and mining sectors. He asserted the government would soon introduce the so-called target model so that power producers would be able to make bilateral supply contracts with corporate consumers. “The government supports […]
Ex-head of Serbia’s transmission firm EMS enters wind power business
A news report revealed Nikola Petrović, chief executive of EMS until 2016 and an investor in small hydropower plants in Serbia, got a 50% stake in a company that intends to build 40 wind power generators in the country’s east. Nikola Petrović, close associate of Serbia’s President Aleksandar Vučić and the former director of national […]
Bulgaria to add 2.65 GW of renewables capacity by 2030
In its draft Sustainable Energy Development Strategy until 2030 with a 2050 horizon, Bulgaria doesn’t envisage the shutdown of its coal power plants. The government said efforts would be made in green energy, innovation, energy efficiency, nuclear sources and gas to ensure energy security. Within the decarbonization push, Bulgaria revealed a goal of installing 2.65 […]
Kitka wind farm to be expanded by 20 MW
KOSTT agreed to connect the 20 MW addition to Kosovo-based 32.4 MW Kitka wind power plant. The second phase is scheduled to be installed in 2022. Chief Executive Officer of transmission system operator KOSTT Ilir Shala (pictured right) and Director of Dardana Invest Sait Vokshi signed an agreement for the grid connection of the planned […]
Iberdrola launches construction of three wind farms in Greece
Spanish Iberdrola started the construction of three wind farms in Greece after securing electricity tariffs there in the July auction. The combined capacity of 98.1 MW is scheduled to be connected to the grid in 2022. Iberdrola, which already has more than 300 MW in installed capacity in Greece, started the construction of three wind […]