Albania Commences Its First Utility-Scale PV Plant Using Sineng Inverters Updated On Mon, Feb 19th, 2024 by Saurenergy Sineng a renewable energy product supplier recently connected the 140MW Karavasta solar plant, located in the Fier region of southern Albania, to the grid. The project delivers electricity to the transmission system and this project claims to be one of large photovoltaic projects in Albania and the Western Balkans. The project was awarded to Voltalia […] Read more
EBRD Lends €29 Million For Albania’s 140MW Solar Project Updated On Tue, Apr 25th, 2023 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has said that its lending €29 million to an Albanian special-purpose vehicle, owned by France’s Voltalia, to develop the 140 MW Karavasta solar plant. This solar power plant will come up in the Fier area of south-western Albania. The EBRD is anchoring the €99 million financing structure […] Read more
EBRD supports KESH’s first floating solar photovoltaic plant in Albania Updated On Mon, Apr 5th, 2021 by Saurenergy Albania is making rapid progress with its plans to meet renewable energy targets, with the construction of a 12.9 MW floating solar photovoltaic (PV) farm thanks to a €9.1 million loan provided by the European Bank for Reconstruction and Development (EBRD). The farm will be the first floating solar plant of this size in Albania and […] Read more
Wind and Solar Can Improve Energy Security and Independence in Albania Updated On Thu, Mar 25th, 2021 by Saurenergy IRENA’s renewables readiness assessment offers Albania recommendations to align energy policy with growth and climate agendas A new report published today by the International Renewable Energy Agency (IRENA) shows that Albania could significantly improve its energy security and reduce energy system vulnerability to climate impacts by deploying its vast solar and wind resources. Full exploration of national […] Read more
COP29: Azerbaijan Concludes First RE Auction At Tariff Of $3.540 Cents/kWh Updated On Fri, Nov 22nd, 2024 by Saurenergy Azerbaijan recently concluded its first ever renewable energy auction with technical assistance from the European Bank for Reconstruction and Development (EBRD). The outcome of the competitive auction was announced at the United Nations Climate Change Conference in Baku (COP29). In the auction ran by Ministry of Energy, Universal International Holding Limited submitted the lowest bid, […] Read more
CWP Europe Collaborates With PowerChina Resource For 300 MW Serbian Wind Project Updated On Wed, Apr 26th, 2023 by Saurenergy Renewable energy developer of Southeast Europe, CWP Europe has collaborated with PowerChina Resources for the construction of the largest wind farm in Serbia that will have a capacity of 300 MW. CWP Europe held that the investment agreement was signed in Belgrade on by Executive Vice President of PowerChina Resources He Shiyou and CEO of […] Read more
Galata Wind Gets $45 Million EBRD Loan For Wind Projects Updated On Tue, Nov 1st, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD) is extending up to $ 45 million in financing to Turkish firm Galata Wind Enerji AS to boost the company’s wind capacity and accelerate Turkey’s transition to a clean energy future. According to the official statement of Galata Wind, the new loan from EBRD will finance up […] Read more
European Bank To Invest $21.4M In Azerbaijan’s Solar Plant Updated On Wed, Aug 3rd, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD), the Asian Development Bank (ADB), the Japan International Cooperation Agency (JICA), and the Abu Dhabi Fund for Development (ADFD) have all approved a finance package of $114.2 million (USD) to help Azerbaijan diversify its energy mix. The funds will facilitate a 230 MW photovoltaic (PV) solar power […] Read more
HPCL Floats Tender for 628 KW Solar Plants in Tamil Nadu Updated On Wed, Aug 11th, 2021 by Saurenergy Hindustan Petroleum Corporation Limited (HPCL) has issued a new tender, inviting online bids for pre-AMC servicing & CAMC of solar plants, with 628 KW capacity, in HPCL, Chennai New Terminal at NCTPS Main Road, Vallur Village, Tamil Nadu. The bid submission will close on August 15, 2021, at 12 pm, and the earnest money deposit […] Read more
