Macedonia fully and timely carries out its obligations under the new Energy Law, adopted in May. However, it currently has only 20 MW of installed solar power capacity. In order to improve the situation, the new Energy Law stipulates a change from the “feed-in” tariff to the “premium” tariff model. With such a strategy, three to four million euros could be allocated for the construction of a total of 200 MW of solar power plants. This would potentially revive the construction

By 2028, Croatian state owned utility HEP aims to complete the €487 million (HRK 3.6 billion) revitalisation cycle of its hydro power plant (HPP) generation portfolio. At present, €190 million (HRK 1.4 billion) has already been invested. During the course of 2019 works: will continue on Ozalj (5.5 MW) and Gojak (55.5 MW); should be completed on Zakučac (486 MW), Dubrovnik (252 MW) and Fužine (4.6 MW); will begin on Varaždin (94 MW) and Senj (216 MW). The revitalisation effort

Albanian state-owned utility Korporata Elektroenergjitike Shqiptare (KESH) is in the process of acquiring permits for the construction of a 12.9 MW floating solar power plant to be installed on the water surface of the Vau-Dejës reservoir. All electricity produced is to be sold on the electricity market. Albanian transmission system operator OST already agreed to enable connection to the grid for the unit. The unit is foreseen to cover an area of 118 000 square meters when co

India Power won a large-scale solar tender in Albania and is preparing to build a 100 MW solar park near the city of Vlorë. According to the agreement, 50 MW of capacity will be guaranteed a power purchase agreement (PPA) of 59.9 €/MWh during a 15-year period, while the remaining capacity will sell its production at market prices on the local electricity market. As reported, six bids were submitted for the tender with 3 shortlisted offers being: India Power Corporation, UAE b

Greek Regulatory Authority for Energy (RAE) announced it will auction:94 MW of solar projects with a maximum installed output of 1 MW100 MW of solar projects with an installed output between 1 MW and 20 MW229 MW of wind projects with an installed output between 3 MW and 50 MWGreece set ambitious goals regarding the development of its renewable energy sector. Target of 2200 MW is set for solar units, 7500 MW for wind farms and 350 MW for biomass power plants. However, apart fr

European Bank for Reconstruction and Development (EBRD) is in the process of considering the possibility of providing a loan to Macedonian state-owned utility JSC Elektrani na Makedonija (AD ELEM) in order to provide financing for the construction of a photovoltaic power plant of 10 megawatts near the former thermal power plant of Oslomej. The project envisions the construction of a new solar power plant on the exhausted lignite mine of TPP Oslomej site as part of the new str

HEP announced plans to invest in 6.5 MW solar farm Orlec on the island of Cres. Orlec is to become HEP's first unintegrated solar power plant, which currently has nine integrated solar power plants installed on company's buildings. If counstructed, Orlec will be the largest solar power plant in Croatia, surpassing the current largest unit of 1 MW. This is HEP's the first project within the planned cycle of independent development or acquisition of projects for the constructio

Skopje opened its first solar panel factory with a capacity of 20 MW per annum. Source: SEEbiz #solar #Macedonia

As announced by Macedonian state owned utility AD ELEM, next year, four new wind turbines are to be installed on the existing wind farm of Bogdanci. There are currently 16 operating wnd turbines in Bogdanci with an overall installed capacity of 36.8 MW. Bogdanci wind farm entered production mid-2015 following 18 months of construction. This first stage, reportedly cost €55.5 million with German KfW bank providing €47.9 million and ELEM contributing with €7.6 million. Installi

State-owned Hungarian utility MVM started construction on the 20.6 MW solar farm at Paks estimated at €28 million. MVM Hungarowind is the EPC, while construction works are presumed to last for 6 months. The unit is in line with MVM's ambitious plans of adding over 100 MW of solar capacity in 2018.. Source: Budapest Business Journal #Hungary #MVM #solar