Republic of Srpska and KfW agreed EUR 60 million credit for Hrgud wind farm
The Government of the Republika Srpska approved EUR 60 million credit by German KfW Development Bank for financing the Hrgud windfarm project, as confirmed by the Ministry of finance. State-owned utility Elektroprivreda (ERS) from Trebinje, received 50 years concession for the construction and operation of the Hrgud wind farm in Berkovići municipality a year ago. Now, […]
All rotors installed at Krnovo wind power plant
On Krnovo plateau near Nikšić in central Montenegro, the installation of all 26 wind turbines is complete. According to portal Cdm.me, the exact date of commissioning is yet not known, because it depends on weather conditions. The project worth more than EUR 140 million is implemented by the consortium of Akuo Energy from France and Ivicom Consulting […]
Siemens to deliver turbines for 44 MW wind farm in Croatia
The contract for the supply of wind turbines and rotors for the Zadar VI Extension onshore wind power plant in Croatia was awarded to Siemens. The wind farm, planned for 2017, will have total 44,2 MW of installed capacity. Commissioning of the power plant is planned for summer 2017. The contract between Siemens and the […]
Islamic Development Bank to provide financing for Turkish energy sector
Being a key development sector for the bank, energy projects in Turkey will receive “significant financial support over the next 10 years” from Islamic Development Bank (IDB), said Salah Jelassi, IDB`s Turkey director in an interview for the Anadolu Agency – Energy News Terminal. “In recent years IDB provided USD 540 million for energy projects […]
DIV Group plans to build largest wind farm in BiH
Croatian group DIV from Samobor announced it will build the largest wind farm in Bosnia and Herzegovina. According to Croatian business weekly Lider, the power plant will be built next to Tomislavgrad in the country’s south and works should start next year. The group, which is mostly engaged in shipbuilding and production of screws, will […]
Elicio hires Senvion for turbines of 42 MW at Alibunar
A conditional contract was signed by German-based Senvion SE and Elicio NV for the delivery, installation and commissioning of MM100 turbines of 2 MW for the 42 MW wind farm Alibunar in Serbia. Works should be complete in two years, the manufacturer said after the deal was struck at WindEnergy Hamburg fair. The site for […]
IFC comes on board for wind farms in BiH
A renewable energy company in Bosnia and Herzegovina is developing two wind farms in cooperation with the International Financing Corporation. Energy 3 d.o.o. sought advisory services in the areas of market risk assessment and electricity selling options and price forecasts for Pločno and Podveležje power plant projects, with coverage of regulatory risk. IFC said the facilities with a capacity of 48 MW […]
New regulations luring investors in renewables
The legislation that Serbia adopted in June will attract capital and help launch green energy projects, said participants at a conference in Belgrade titled “New PPA Package in Serbia – Main Challenges”. The event was organized by Petrikić & Partneri AOD in cooperation with CMS Reich-Rohrwig Hainz with the support of ADVANTAGE AUSTRIA Belgrade. For […]
