Tariff discounts of up to 70% by new electricity subsidies program, EnergyPress, 29 Dec 2017

Tariff discounts of up to 70% by new electricity subsidies program, EnergyPress, 29 Dec 2017

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Greece: Tariff discounts of up to 70% offered by new electricity subsidies program, source EnergyPress, 29 December 2017 The energy ministry has announced a revised Social Residential Tariff (KOT) program offering low-income households electricity tariff discounts of as much as 70 percent. The ministry, in a statement released yesterday, described the initiative as “yet another intervention aiming to tackle energy poverty, especially for the country’s most vulnerable citizens.” Two categories have been established for the new program. One will include households eligible for social solidarity welfare funds (KEA), to be offered electricity tariff discounts of 7.5 cents per KWh, reducing the regular rate of approximately 13 cents per KWh to 5 cents per KWh, a 70 percent discount. The second category, to group households eligible for the government’s recently announced social dividends,…
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Romania, World: Transestern Power Trust has bought the OMV Dorobantu Wind Park in Dobrogea

Romania, World: Transestern Power Trust has bought the OMV Dorobantu Wind Park in Dobrogea

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Transestern Power Trust has bought the OMV Dorobantu Wind Park in Dobrogea, Source by World Energy Magazine Transeastern Power Trust has announced that it has completed the acquisition of a 45 MW wind farm located in the Dobrogea Region, Romania (the “OMV Wind Project”) by acquiring the outstanding balance of shareholder loans and the issued and outstanding common shares in the capital of OMV Petrom Wind Power SRL from OMV Petrom SA. The acquisition was completed using $23 million of short-term bridge financing and EUR2.8 million from the vendor of the OMV Wind Project, which will be repaid out of the proceeds of the previously announced $40 million private placement scheduled to close in the first week of January. Mr. J. Colter Eadie, Chief Executive Officer of Transeastern, commented “as…
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Swiss quality and precision on the rooftop of the world, source PV Europe, on 28 December 2017

Swiss quality and precision on the rooftop of the world, source PV Europe, on 28 December 2017

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Swiss quality and precision on the rooftop of the world, source PV Europe, on 28 December 2017   Anyone planning or installing PV knows Meteonorm: the software for irradiation data that is part of most software applications used for sizing generators – Part Two of our insight report. Meteotest Staff members of Meteotest climbed on the rooftop of the world: Mount Everest in the Himalaya. The first version of Meteonorm was released in 1985. The first digital version was created between 1993 and 1995, commissioned by the Swiss Federal Office for Energy. This then became the standard in the PV industry and is now used in all simulations of solar generators. Most systems used for planning and simulations have a kernel that comes from Meteonorm, which Meteotest is administering as a…
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