ERS developing 100 MW solar power plant in Trebinje, wind farm Hrgud
One of the three government-controlled electricity producers in Bosnia and Herzegovina scheduled minor procurements for two major endeavors for 2020. The purchase for the solar power endeavor in Trebinje is seen late in the year while the one for the 48 MW wind farm is coming soon. Another big item is EUR 4.5 million for […]
Interenergo commissions 10 MW wind farm in Croatia’s Jasenice
The head of the small municipality has explained local authorities lean on renewables for development. An equivalent wind farm should be added together with a 5 MW solar park, Martin Baričević said and pointed to the possibility to install a pumped storage hydropower facility and a gas-fueled power plant. Five turbines of 2 MW each […]
Outlook for wind energy financing
Author: Ivan Komušanac, Analyst for Markets & Wind Energy Technology at WindEurope Costs of wind energy have been continuously falling. That’s one of the main reasons why Europe installed 194 GW of wind energy capacity. Onshore wind is today the cheapest form of new power generation in a lot of places in Europe, thanks to […]
Subotica to roll out plan for Maestrale Ring wind farm of 599.2 MW
Serbia’s northernmost city is paving the way in the administrative sense for the beginning of physical work on what could be one of the biggest investments in decades. Members of the local assembly decided a detailed regulation plan would be produced for the construction of Fintel Energia Group SpA’s wind power plant worth an estimated […]
Budakova wind farm’s developer inks supply deal with KOSTT
Transmission System and Market Operator (KOSTT) of Kosovo* has said it reached an agreement for the power that will be generated by the 15 turbines in a wind park planned to be built by Bondcom Energy Point Llc. The statement highlights the significance of diversification of electricity sources and adds the institution was represented by […]
EBRD lends EUR 58 million for Bajgora – Kosovo’s* biggest wind farm
Israeli-based Enlight Renewable Energy Ltd. secured half of the total required financing for its 105 MW Bajgora wind park in the municipality of Mitrovica. The European Bank for Reconstruction and Development provided the backing in the form of a credit facility for what will be the biggest such facility in Kosovo*. The EUR 58 million […]
Fingrid acquiring new 400 MVA power transformers from Slovenia’s KOLEKTOR ETRA
Slovenia-based KOLEKTOR ETRA has signed a EUR 6 million contract to supply 400 MVA 400/120 kV power transformers to Finland’s transmission system operator Fingrid for its project to improve the electricity transmission connection between the south and north of Finland, according to a press release from Fingrid. The ordered power transformers will be delivered to […]
CEZ Romania swings to net loss in 2018 on decreased wind power generation
Czech energy company CEZ Group in Romania posted a net loss of RON 50.3 million (about EUR 10.6 million) in 2018, compared to a net profit of RON 421.2 million (around EUR 89 million) in 2017, as its largest energy facility, the Fantanele-Cogealac wind farm, produced a total of 1,105 GWh of electricity, 218 GWh […]
