Chronic delays in four green power projects
Out of six major energy endeavours stuck in development in Macedonia, three are in the area of hydropower and one is for a gigantic photovoltaic facility at Bitola, according to an analysis published by Build.mk portal. The solar power plant project in the south of the country was started in 2010 with work on a […]
China’s HEAG to build wind farms in Balkans
Huayi Wind Energy Co. Ltd. (HEAG) opened its regional office in Belgrade as official entry into the wind energy market in Serbia and the Balkans, Xinhua reported. HEAG, founded in 2002 in China, has been engaged in the design, manufacturing, sales and maintenance of wind turbines and wind farms. The opening ceremony was attended by […]
Is leasing of wind turbines feasible in Serbia?
By Đorđe Popović, Senior Attorney and Marija Marošan, Attorney-at-Law, Petrikić & Partneri AOD in cooperation with CMS Reich-Rohrwig Hainz This article deals with one of the hot topics in renewables in Serbia, namely the legal treatment of leasing arrangements, contemplated by a notable number of financial players on the Serbian market for the purposes of […]
Serbia’s first wind park launched at Kula
MK-Fintel Wind a. d. officially opened its 9.9 MW wind power plant in the country’s northwest, after an investment of EUR 15 million. Energy minister Aleksandar Antić said on that occasion three directives will be adopted soon to define the new model for the power purchase agreement (PPA) in the field of renewable energy sources, […]
Hellenic Wind Energy Association joins GWEC
Global Wind Energy Council (GWEC) welcomed the Hellenic Wind Energy Association (HWEA) as a new member of its circle of members promoting wind energy. HWEA, known in Greek as Eletaen, was founded in 1990 by 50 wind energy pioneers including Arthouros Zervos, Dimitris Lalas and Ioannis Tsipouridis. Today, HWEA’s membership boasts over 400 wind energy […]
Construction works for Krnovo wind project about to launch
Early May is set for the start of the development of first electricity generation system powered by wind in Montenegro, the country’s Economy Ministry told to Vikend novine. The paper reminded that Možur hill project near Bar is uncertain, as the investor backed out. Akuo Energy company, France’s leading independent producer of renewable energy, says […]
IFC leads Akuo’s loan project to finance 77.5 MW wind farm
French green power producer Akuo Energy said it signed a mandate letter with International Finance Corporation (IFC) to finance the erection of the 77.5 MW Bağlar wind farm near Konya. The mandate letter provides for IFC to lead and arrange a syndicate of other multilateral agencies or commercial banks to provide up to EUR 100 […]
Generation from renewable sources sets daily record
Strong wind and favorable sunshine on March 22 brought the daily share of power generation from renewable sources to a record 47%, Phileleftheros newspaper’s portal said. Another point is that the transmission system operator handled the extreme situation with ease. At 10 a. m. the active production capacity was 408 MW, out of which 138 […]
