Latest news

EBRD reduces financing for Polish renewables due to investment uncertainty

The European Bank for Reconstruction and Development reduced its support for wind farms in Poland since there are less projects as government policies have made them unprofitable, as stated by a top EBRD official.

read more... 18/04/2017


Marine energy projects reach almost 20MW in EU

A new Ocean Energy Europe report shows that the Marine energy projects totaling almost 20MW were commissioned in Europe by the end of 2016 and other 30MW are under construction.

read more... 14/04/2017


Algeria to issue bids for the construction of three solar power plants

Algeria, member of the Organization for the Petroleum Exporting Countries, mulls the development of renewable energy projects to meet its raising demand for power.

read more... 10/04/2017


Russia: China’s CPECC awarded a contract for Amur gas processing plant

China Petroleum Engineering & Construction (CPECC) has inked an agreement for the Amur gas processing plant (GPP) in Amur region, Russia.

read more... 07/04/2017


First Serbian wind farm to be built with the support from EBRD

Earlier this week, the European Bank for Reconstruction and Development (EBRD) agreed to grant 50 million euros ($53 million) to Serbian company Electrawinds K-Wind to finance the Balkan country’s first wind farms. The project is estimated to cost 185 million euros and Electrawinds K-Wind will be in charge for its development.

read more... 06/04/2017