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

Danish based equipment manufacturer Vestas announced that it will supply and install fourteen 4.2 MW, five 3.6 MW and eight 3.6 MW turbines, all during the course of 2019. Vestas will also provide a 20-year Active Output Management 4000 (AOM 4000) service. AOM 4000 concept focuses on providing a time-based availability guarantee and supporting power plant operation and maintenance . Source: Renewables Now #Vestas #wind #Greece #turbines

Chinese based Norinco International started preparing construction of a 156 MW wind farm near Senj. The farm should consist of 39 turbines, each having an output of 4 MW. The project is estimated to cost €160 million and will represent the largest Chinese investment in Croatia. Produced electricity is to be sold on the market, which means that it will be Croatia’s first significant greenfield wind energy project that will not receive incentives for the produced MWh. Planned c

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

Belgian developer Elicio completed the construction of a 42 MW wind farm in close vicinity of the Serbian capital, Belgrade. The farm consists of 21 turbines, 2 MW each. Turbines are provided by the German supplier Senvion. Investment costs are reported at €80 million. Alibunar will be the third wind farm to start production in Serbia. It is part of Serbia’s ambitious plans of increasing the share of renewable energy sources in its generation mix. Large scale deployment of wi

As reported by GE Renewable Energy, the 158 MW wind farm project in Serbia, Čibuk 1, is near completion. Having assembled 52 out of 57 wind turbines, the wind farm should be able to start production by the end of the year. The €300 million project is owned by a joint venture between Masdar (60%, UAE), Taaleri Energia (30%, Finland) and DEG (10%, German based KfW Group). Source: Balkan Green Energy News #Serbia #wind

Bosnian based utility Elektroprivreda BiH and German Development Bank KfW have signed a €1.1 million grant regarding the project of a wind power plant in Bitovnja. Funds will be used in order to provide for detailed wind measurements and geological exploration. During the second phase, environmental impact assessment, feasibility study and grid connection will be drafted. The potential unit is to have a power output of 60 MW with an estimated annual production of 110 GWh.. So

Construction started at the wind power plant Jelovača site in Bosnia and Herzegovina’s (BiH) The unit is to have 18 turbines with an overall electrical output of 36 MW. It is located in the municipality of Tomislavgrad near the country’s first wind farm, 52 MW Mesihovina, which started operation just a few months ago. Siemens Gamesa is the EPC contractor and has agreed to operate and maintain the future unit during the first five years of operation. BiH has a number of other

Two separate wind farms, Grebak and Trusina, are being developed in the minicipality of Nevesinje. According to the municipal announcement, Trusina wind farm is to have 15 turbines with 49.5 MW of overall installed capacity. IT represents a potential investment estimated at €71 million. Owners of the potential project are Kermas Limited (87% share), local company Eol prvi (10%) and the municipality of Nevesinje (3%). Sberbank should lead the banking consortium that is to prov

Danish based Vestas will deliver 20 wind turbines, each of 3.45 MW, to Fintel Energija (a subsidiary of Italian based Fintel Energia Group SpA) for the wind farm of Košava 1. Construction of the farm, estimated to cost €117 million, is already in progress. Fintel announced plans to raise capital for the second phase of the project by offering 20-40% of shares of Fintel Energija through an Initial Public Offering (IPO) on the Belgrade stock exchange. Košava phase 2 is envision