Greece sees 191.6 MW in new wind capacity connected to grid in 2018
The Greek Wind Energy Association’s (ELETAEN) latest data shows that 191.6 MW in new wind energy capacity was connected to the grid last year. This was an increase of 7.2% compared to 2017, ELETAEN’s data shows. A total of 103 new wind turbines with a combined capacity of 191.6 MW were connected to the grid […]
Tender cancellation affirms view of near-term Turkey renewables slowdown – Fitch Solutions
This article is a reprint of content originally published on fitchsolutions.com on January 17, 2019. The reprint is published with express written consent from Fitch Solutions. Fitch Solutions: Turkey’s decision to delay its 1 gigawatt (GW) solar capacity tender in January affirms our view that growth in the country’s non-hydropower renewables sector will slow over 2019/2020, as projects […]
Turkey cancels solar tendering, applications to compete for 1 GW of wind due by March 7
Turkey has canceled tendering for a total of 1 GW of solar capacity, and is now expected to reschedule it during 2019, while applications to take part in the second YEKA wind tendering, for a combined capacity of 1 GW, are due by March 7, according to reports. The postponed procurement was to be split […]
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% […]
