EBRD mulls equity investment in Turkish renewable energy business
The European Bank for Reconstruction and Development (EBRD) is considering an equity investment, in the form of capital increase, in Turkish renewable energy firm Ictas Yenilenebilir Enerji Uretim ve Ticaret. The portfolio of the renewable energy firm, a unit of IC Ictas Enerji Yatirim Holding, consists of around 400 MW of operational hydropower plants and […]
Tilos island is getting ready to become 100 percent green
The innovative hybrid, renewable energy-based battery station and smart microgrid project for Greek Tilos island power supply is ready to commence its trial operation. Since its inception, exactly three years ago, the project has attracted much attention worldwide. It combines energy production from renewable sources – solar and wind, and storage in accumulators with the […]
Call for applications: renewables included in IPARD II in Turkey
Turkish renewable energy sector is one of the sectors to be financially supported by the Agriculture and Rural Development Support Institution (ARDSI) under the Farm Diversification and Business Development Measure. The online applications are open until March 12, while the submission of applications could be made until March 15. Renewable energy investments are included as […]
Greece’s RAE proposes stricter rules for renewables capacity auctions
Greece’s Regulatory Authority for Energy (RAE) has suggested stricter participation requirements for the new three-year renewable energy (RES) auctions in order to increase successful bidding. The regulator has proposed EUR 1.000 as a minimum registration fee for renewable energy auctions to be calculated at EUR 150 per MW rate. According to the proposals, participants will […]
PPC Renewables readies to develop 700 MW in RES capacity
PPC Renewables, a wholly-owned green energy subsidiary of Public Power Corporation, the main power utility in Greece, is ready to develop 700 MW in renewable energy sources (RES) capacity, mostly in the wind and photovoltaic energy fields. While waiting for the upcoming auctions in renewable, scheduled for April in Greece, PPC Renewables has announced that […]
Greek energy communities draft bill awaits ratification
Greek Ministry of Environment and Energy has submitted a draft bill for the establishment of energy communities (cooperatives), aiming to encourage switch to renewable energy sources, and to provide decentralized electricity production. The draft was submitted to the parliament for ratification earlier this week and the debate started this Thursday, according to Greek media. The Ministry […]
Chinese company interested in building 60 MW wind park in Nova Crnja
The Municipality of Nova Crnja is negotiating with Chinese investors on the construction of a 60 MW wind farm, said the Mayor of Nova Crnja Municipality Pera Milankov. He said that the Municipality has 1,000 hectares for the construction of wind, solar or biogas power plants. “Thanks to this fact, our municipality is unique in Serbia. […]
Renewable sources of energy in Bosnia and Herzegovina: issue of (un)sustainability
Author: Nihad Harbaš, Energy and climate change consultant Do we really know how much energy we generate and use in B&H? Consumption or use of energy in Bosnia and Herzegovina (B&H) is unknown, although data on the annual consumption of about 140 PJ can be found. Although this sounds unbelievable at first, the energy balances […]