January 19, 2018 - ESC Adriatic

DEG invests in expansion of wind energy in Serbia Press Release from 2018-01-17 / DEG Equity capital for the country’s biggest wind farm DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH –takes an equity interest of 10 per cent in the Cibuk I wind farm in Serbia. The wind farm, due to be completed in 2019, will have a capacity of 158 MW, making it the largest wind farm in Serbia. Another investor is the experienced Finnish wind farm operator Taaleri Group, which has acquired a 30 per cent stake. The wind farm is 60 per cent owned by Abu Dhabi Future Energy Company (Masdar). The loan-based financing was arranged by the IFC (International Finance Corporation) and the EBRD (European Bank for Reconstruction and Development). A total of around EUR 300…

Albania speeds up solar policy by Dr. Lorenc Gordani / PV Europe 1/17/18, 11:04 AM - Albania takes further steps to develop the solar energy sector in close cooperation with the European Bank for Reconstruction and Development (EBRD). Our guest author Dr. Lorenc Gordani from Euroelektra in Tirana analyzes the recent developments. Euroelektra Albania cooperates closely with the EBRD to develop further solar policies. The landscape of the Albanian solar sector has recently seen introduce of the important developments. The country is at a pivotal moment on deciding its optimal strategy for achieving a future with reduced carbon emissions and sustainable power sources. In framework of the Western Balkans (WBs) region - encompassing the European Union (EU) member states - Albania has adopted from 2012 the near-term renewable energy 38%…