Latest news
EC provides €29.9 million for Bulgaria
The European Commission (EC) has allotted €29.9 million for the construction of a new 140 kilometer-long power line between Dobrudja and Burgas in Bulgaria, a mentioned in a declaration from the EC on Wednesday.
read more... 11/08/2016
EBRD and IFC purchase stakes in Turkish renewable energy producer
The European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation declared on Thursday they have purchased stakes in Turkey's Akfen Renewable Energy to aid finance its plans to raise renewable energy capacity to 1 gigawatt.
read more... 15/07/2016
Germany to cap offshore wind power installations
German government envisaging capping the installation of offshore wind farms in the period between 2021 and 2025 to ensure the future growth of renewables keeps pace with the construction of new power lines.
read more... 06/07/2016
Nordic Investment Bank grants funding for geothermal power plant in Iceland
Nordic Investment Bank (NIB) and electricity producer Landsvirkjun signed a USD 50 million long-term loan agreement without a guarantee of collection for the construction of the Theistareykir geothermal power plant in northeast Iceland.
read more... 01/07/2016
Norway-England subsea power link to advance despite Brexit
The construction of a subsea power link between Norway and England will continue despite Britain’s decision to leave the European Union, declared Norwegian transmission grid operator Statnett.
read more... 28/06/2016