EBRD finances 220MW Polish wind giant

02/05/2019 09:03 Wind


The European Bank of Reconstruction and Development (EBRD) is supporting the development of the 220MW Potegowo wind farm in Poland with a loan of PLN209m (€48m).

Potegowo, which is the first renewables project the bank has supported in the country in three years, is situated in north-east Poland.


The plant is being built and operated by Potegowo Mashav, a special purpose vehicle incorporated in Poland and majority-owned by the Israel Infrastructure Fund, for a total cost of €290m.


The wind farm is expected to reduce carbon dioxide emissions by 480,000 tonnes annually.

Source: renews.biz

Azerbaijan increases oil production in May, fulfills OPEC obligations

12/06/2019 09:04:00

Azerbaijan increased oil production from 683,000 barrels per day in April to 776,000 barrels per day in May, while the country fulfils its obligations under the OPEC + deal, Trendreports referring to the Azerbaijani Energy Ministry.


ScottishPower wins consent for battery storage at 539-MW wind farm

11/06/2019 10:48:00

The Scottish government has given the thumbs-up to the construction of a 50-MW battery storage facility at the site of ScottishPower Renewables’ 539-MW Whitelee wind farm.


Serbia, Russia to launch joint LNG projects

11/06/2019 10:45:00

The Ministry of Mining and Energy of Serbia and Russian state gas company Gazprom have signed an agreement on the construction of natural gas (LNG) stations in Serbia.