Latest News

$350m financing for geothermal expansion in Turkey

The Turkish Güris Holding will receive a USD 350 million support for geothermal expansion at Efeler.

ELES and Renault join forces on an e-mobility project

The Slovenian TSO ELES and 32 international partners implement an e- mobility project, which aims to utilize advanced charging infrastructures and technologies and the development of business models.

Revised Renewables Act in Poland

A revision to the Renewables Act was approved in Poland, which paves way for an auction in 2019 for 2.5 GW of new onshore wind capacity.

Zaporizhi onshore wind farm project secure financing

Financing for the1st phase of the 98-MW Zaporizhi onshore wind farm project in Ukraine is secured, as General Electric Renewable Energy and its partners raised EUR 134.7 m in debt financing.

Coordinated redispatching and countertrading in Bulgaria, Greece and Romania

European Union Agency for the Cooperation of Energy Regulators (ACER) adopted a common methodology for coordinated redispatching and countertrading in Bulgaria (ESO EAD), Greece (ADMIE) and Romania (Transelectrica)

National power exchange will be set up in Albania

In accordance with the European directives, Albania will establish a national power exchange in advancing the transformation of the energy sector. The power exchange will operate a day-ahead and intraday trading platform.

EBRD is to provide a € 48 million loan for Polish wind farm

The 220 MW wind farm in north-eastern Poland is expected to cost around 1.25 billion zloty.

Nordex Group enters Ukraine market

By the end of 2019 the manufacturer will install 34 turbines for the construction of the "Syvash" wind farm.

Bulgaria's NEK signs 1 mln euro deal for control systems for three HPPs

Bulgaria's National Electricity Company signed a €1.0 million contract with local company Delectra, which will design an integrate control systems for NEK-managed hydro power plants (HPPs) Batak, Peshtera and Aleko.

Commission approves scheme in Lithuania to support RES uptake

Under EU State aid rules, the European Commission approved a scheme (€385 million) to support electricity production from renewable energy sources in Lithuania.
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