Renewables

Top 3 in April: Renewables’ share of global capacity, Equinor, Bulgaria’s electricity export tariff

Photo: BGEN

Published

May 1, 2019

Country

Comments

comments icon

0

Share

Published:

May 1, 2019

Country:

Comments:

comments icon

0

Share

The International Renewable Energy Agency’s (IRENA) announcement that total renewable energy generation capacity reached a third of total installed electricity capacity worldwide at the end of 2018 made it to the number one spot on our English-language Top 3 Most Read list for April. The list is also available for our portal’s Serbian/local language version.

1 – Renewable energy reaches one-third of global power capacity at end-2018

Renewable capacity expansion continues to be driven mostly by new installations of solar and wind energy, which accounted for 84% of all new capacity installed in 2018, finally pushing the overall share of hydro to just under 50%. For the first time total renewable energy generation capacity reached a third of total installed electricity capacity, or 2,351 GW, at the end of last year.

Renewable energy reaches one-third of global power capacity at end-2018

2 – Norway’s Equinor looking into offshore wind in Greece

Norway’s oil and wind energy company Equinor is in an early stage of identifying opportunities concerning offshore wind in Greece, according to a statement from the company, formerly Statoil.

“Due to excellent wind conditions offshore, deep waters and the strong industrial/yard and maritime tradition Greece is well positioned to become an important area for floating offshore wind. We are hopeful that there will be a business case for floating offshore wind in Greece,” Eskil Eriksen, press spokesperson at Equinor, said in a statement to Balkan Green Energy News, adding that the company is “still in an early stage in identifying opportunities within offshore wind in Greece.”

Norway’s Equinor looking into offshore wind in Greece

3 – Bulgaria to remove electricity export tariff from July 1, take 750 MW of renewables to free market

Bulgaria’s electricity export tariff will be abolished from July 1, according to a draft proposal of changes to the energy law, the ICIS portal reported.

The changes will also bring 750 MW of renewable capacity to the free market, creating more competition and liquidity.

Bulgaria to remove electricity export tariff from July 1, take 750 MW of renewables to free market

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Greece DEPA Commercial financing 816 MW solar power portfolio

Greece’s DEPA Commercial obtains financing for 816 MW solar power portfolio

26 July 2024 - State-controlled DEPA Commercial received a EUR 390 million loan from the EIB for photovoltaic projects across Greece

serbia energy cooperative solar power plant elektropionir

First cooperative solar power plants in Serbia start production

26 July 2024 - The income from the sale of electricity will be used for projects proposed by the communities of the villages on the Stara planina mountain

faria renewables mykonos solar power plant

Faria Renewables acquires 35 MW Mykonos solar project

26 July 2024 - Faria Renewables S.A. has announced the integration of photovoltaic project Mykonos into its asset portfolio

Ameresco Sunel Energy 560 MW solar power Greece Lightsource bp

Ameresco Sunel Energy starts building 560 MW solar power plant in Greece for Lightsource bp

26 July 2024 - Ameresco Sunel Energy is the contractor in Lightsource bp's solar power project of 560 MW in peak capacity, in the central part of Greece