wind farm

/11th May 2018, Global Wind Service, RENEWABLE MARKET WATCHTM/At the beginning of April 2018 Global Wind Service (GWS) reported half of the installation works at Alibunar Wind Farm in Serbia when a team of GWS technicians completed the installation of turbine number 12 out of a total of 21. Senvion awarded GWS with unloading, pre-assembly and installation of the 21 Senvion MM100 turbines.

/9th May 2018, IGlobes Online, Israel Business News/ Enlight Renewable Energy Solutions Ltd. (TASE:ENLT) reported to the Tel Aviv Stock Exchange (TASE) that it had signed an agreement to acquire the rights in a wind energy project in Kosovo in the advanced development stages. The plant's planned capacity is 105 megawatts.

/7th May 2018, IFC, RENEWABLE MARKET WATCHTM/ Fossil fuels are, worldwide, the most important energy resource at the moment. Still, at the same time, they are the main source of air pollution and excessive heating of the lower tiers of the atmosphere. In Serbia, more than half of electricity generation stems from outdated coal-fired plants.

/21st December 2017, VESTAS/ Following the success of Vestas and OOO Fortum Energy in Russia’s first wind energy auction, the two companies have signed the first order of a binding framework agreement. The framework agreement engages Vestas to supply its 4 MW platform for wind energy projects in the world’s fourth largest electricity market, while the order includes 14 V126-3.6 MW turbines for a 50 MW project at an undisclosed site. The announcement references company announcement no. 25 of 21 June 2017.

/28th November 2017, RENEWABLE MARKET WATCHTM/ In 2016, the Russian Federation, together with 118 countries, all in all, responsible for 75 per cent of global emissions, signed the Paris Agreement. This outcome of the UN Climate Change Conference COP21 in Paris was adopted by consensus on 12 December 2015. The Russian Federation is one of the world’s largest emitters and fossil fuels producers. Consequently, it has a large mitigation potential and could play a major role in international climate policy.

/14th September 2017, RENEWABLE MARKET WATCHTM, UNDP) According to RENEWABLE MARKET WATCHTM, Belarus plans to increase its wind power capacity to 500 MW by 2030 from an insignificant level of cumulative installed capacity at present. This information is based on recent UNDP-GEF project “Removing Barriers to Wind Power Development in Belarus” in cooperation with United Nations Development Project and the Ministry of Natural Resources and Environmental Protection of the Republic of Belarus produced a report on de-risking renewable energy investment.

/25th August 2017, Axel Reiserer/ The EBRD and the Enterprise Expansion Fund (ENEF) are jointly providing €1.8 million in financing to support the expansion of Albanian company APM, a leading local manufacturer of fabricated metal products, which is active in the renewable energy business as well. The funds will co-finance a €3.7 million investment plan including the purchase of machinery and equipment to support the expansion of capacity in response to growing demand from existing and new clients.

/24th August 2017, RENEWABLE MARKET WATCHTM/ Kazakhstan will switch to the mechanism of auctions to develop renewable sources of energy from the beginning of 2018. At the end of 2016, total number of 44 countries of the world is successfully applying an auctions system instead of fixed feed-in tariff support systems. Some of the largest global energy companies will be involved in developing renewable energy power plants in Kazakhstan. Aqua Power, Eni-Agip, General Electric, Shell, SANY Group, Hydro China, and many others are among them. Kazakhstan plans to generate 50 percent…

/17th July 2017, RENEWABLE MARKET WATCHTM, RAWI, RIA/ Russian Association of the Wind Power Industry (RAWI) and Russian Investment Agency “Invest in Russia” (RIA) signed an agreement on the creation of the “Wind Energy Fund” with a target amount of funds of 100 billion RUB (€ 1.4 billion). The main goal is to invest in the creation of wind power. The term of the fund is set at 15 years with the possibility of prolongation. The investment period is not more than 7 years; the target rate of return on…