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 […]
Greece holds 2nd renewables auction for 2018
Greece has held the second auction for capacities from renewable energy sources for 2018, with lower prices achieved than in the first regular auction held earlier in the year reflecting investor confidence and an anticipation of a further decrease in equipment costs and higher yields, energypress reported. Lower costs, now comparable to those of conventional […]
Extending feed-in tariffs risks turning public opinion against renewable energy
Author: Pippa Gallop, Research Coordinator, CEE Bankwatch Network One of the main factors driving the controversial small hydropower boom in the Western Balkans is the availability of feed-in tariffs, providing investors with a near-certain income for several years. The aim of this policy has been to incentivise the development of renewable energy, however most of […]
EU clears MET Renewables’ entry into NIS Energowind ownership
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control over Belgrade-based NIS Energowind, the developer of the Plandište wind farm, by MET Renewables, part of Swiss energy company MET Group, and O Zone, part of Russia’s Gazprom group, the commission said in a press release. NIS Energowind, founded in Serbia […]
Carbon Tracker: 42% of global coal-fired power plants unprofitable
Around 42% of global coal capacity is already unprofitable because of high fuel costs, while it costs more to run 35% of coal power plants than to build new renewable generation facilities, finds Carbon Tracker’s study of the profitability of 6,685 coal-fired power plants worldwide, representing 95% (1,900 GW) of all operating capacity and 90% […]
Business interests of coal, oil, gas, nuclear are main obstacle to 100% renewable electricity worldwide
Serbia has enough potential to cover energy demand with renewables only, including solar, wind, biomass, organic waste, hydropower, and geothermal. The main obstacles to 100% renewable electricity worldwide are the business interests of coal, oil, gas, and nuclear, says Energy Watch Group (EWG) President Hans-Josef Fell, author of the 2000 German Renewable Energy Sources Act […]
Greece to auction 423 MW in solar, wind capacities on December 10
Greece’s energy regulator, RAE, will hold three auctions on December 10 for a total of 423 MW of renewables capacities, including 194 MW of solar and 229 MW of wind capacity, according to an announcement on the regulator’s website. RAE will auction a total of 94 MW for photovoltaic (PV) projects with an installed capacity […]
Greece awards 277.32 MW of capacity in 1st regular competitive auctions, EDP wins largest wind project
Greece’s energy regulator, RAE, auctioned off a total of 277.32 MW in wind and solar photovoltaic (PV) capacities in its first regular competitive auctions, held on July 2, obtaining prices lower than in the December 2016 pilot tender. A total of 53.48 MW was awarded for 83 small PV projects, with a capacity of over […]