IFC, Unicredit, FMO and GGF provide loans for Elicio’s Alibunar wind farm
International Financial Corporation (IFC), a member of the World Bank Group, will support the construction of Elicio’s Alibunar wind farm in Serbia with EUR 19,1 million loan. The IFC announced that the Unicredit Bank, Netherlands Development Finance Company (FMO) and Green for Growth Fund (GGF) have agreed to provide loans worth EUR 40 million for […]
Montenegro’s Možura wind farm changes owners again
The Montenegrin government has approved another change of ownership for the 90 percent share of the company building the Možura Wind Park from the Enemalta plc to the Malta Montenegro Wind Power JV Ltd. This is the second time that the owner of that company has been changed, the media in Podgorica reported, adding that […]
Minister Antić: Serbia’s power sector balancing between coal and renewables
Serbia is going to have to invest between EUR 700 and 900 million in the power facilities it plans to continue using after the year 2020 in order to get its energy sector in line with all European Union directives, Serbian Mining and Energy Minister Aleksandar Antić said. Speaking at the Green Forum “Power companies […]
Turkey’s Guris Holding to build windfarms in Kosovo* and Ukraine
The Turkish company Guris Holding has announced the construction of new wind power plants in Kosovo* and the Ukraine, the Turkish press reported. The reports said that the company plans to build the plant in Ukraine outside the city of Odessa but do not specify the exact location of the site of the power plant […]
Greek PPC Renewables looking for partners to build 12 wind farms on islands
The Greek company PPC Renewables said it is looking for partners to build 12 wind farms at a number of sites across the country. The company published three tenders to build the wind farms, operate them and provide maintenance for a period of 14 years. According to PPC Renewables’ plans, the 12 wind farms will […]
First wind farm in Bosnia-Herzegovina to supply power to Tomislavgrad
The first wind-powered electricity plant in Bosnia-Herzegovina will supply power to the population of the municipality of Tomislavgrad once it is completed and becomes operational by the end of this year, the Elektroprivreda Hrvatske zajednice Herceg Bosne power company said. The wind farm named Mesihovina will be built across a 22 kilometer stretch of land […]
Less power from renewable sources in Slovenia in first half of 2017
Renewable source power facilities in Slovenia produced 5 percent less power in the first half of 2017 compared to the same period a year earlier even though solar power plants increased their production by 14%, according to data from the Center for Support of the Electricity Market Borzen. Slovenia has a total of 3,878 renewable […]
Turkey leader in newly installed wind capacity in Southeast Europe
Three countries in the Southeast Europe installed new wind capacity in the first half of 2017, with Turkey leading with 377.85 MW, according to data published by WindEurope. In the first half of 2017, Croatia installed 20.7 MW and Greece 46 MW of wind capacity. Other countries in the Southeast Europe either did not install […]
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