EBRD supports Hellenic Petroleum’s renewable energy projects
The European Bank for Reconstruction and Development (EBRD) has supported Hellenic Petroleum’s diversification of activities into the area of renewable energy by subscribing to EUR 28.3 million in bonds issued by the Greek company. The EBRD announced that it has signed the first project under its new framework for renewable energy in Greece by subscribing […]
EIB loan for three new wind farms in Greece
The European Investment Bank (EIB) said it has approved a loan of EUR 24 million for three wind farm projects in Greece. The loan will be used by the Terna Energy company to set up and operate the three wind farms in the central Greece region of Viotia. Part of the loan was secured by […]
Senvion makes second Western Balkans deal in Croatia
The German wind turbine maker Senvion has contracted the first delivery of five of its turbines for a wind farm in Croatia. The turbines will be sold to the Croatian Vjetroelektrana Orjak company for the Greda wind farm in the south of that country. Senvion said in a statement that the contract called for five […]
Siemens Gamesa to supply new turbines for Turkish wind farms
The Siemens Gamesa company said it has contracted the delivery of the first of its new 3.3 MW wind turbines for two wind farms in Turkey. The wind turbines of a total power of 118 MW will be supplied for the Baglar and Ardicli wind farms in the Konya region. A statement said that this […]
GE Renewable Energy signs 10 year service agreement with Fina Enerji
The GE Renewable Energy company and Turkish Fina Enerji signed a full service agreement covering 150 GE wind turbines in nine wind farms. This is the first agreement of its kind signed by Fina and covers a 10 year period with a two year trial period for GE’s Digital Wind Farm solutions powered by the […]
Krnovo wind park started trial electricity production
Wind power plant in Krnovo, Montenegro, launched trial electricity production on 5 out of 26 wind turbines installed. Wind park has MW 72 of installed power and it is one of the largest facility of that type in the region. According to plan, production will be increased gradually, followed by technical tests. If the tests […]
Turkey opens tender for 1 GW in wind power over 15 years
Invitation for bids for the installation and operation of wind power capacity of 1 GW was placed by Turkey under the Renewable Energy Resources Area (YEKA) scheme. The project that covers seven regions is worth USD 1.2 billion (EUR 1.12 billion), the Ministry of Energy and Natural Resources said in the document published in the […]
EUR 180 million invested in RES projects in Montenegro
Ministry of Economy of Montenegro has announced that the total value of investments in renewable energy sources (RES) projects in that country reached almost EUR 180 million. The largest investment in RES is Krnovo wind farm worth EUR 143 million, according to a press release published on the ministry website. The remainder of EUR 35 […]
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