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Argus Media: Turkey’s Garanti Bank, the country’s fifth-largest bank by asset size, has said it will no longer fund new coal-fired power plants or coal mining projects. Garanti bank, which is partly owned by Spain’s BBVA, said it has not financed a new coal project since 2014 but has committed to reducing its existing loan […]
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Balkan Green Energy News: Turkey has added the most renewable capacity in one year in 2020 – around 4.8 GW, making renewables account for 49 GW out of 95 GW of its total installed power. The record increase in new renewable energy power plants was driven for the most part by investors’ rush to have […]
Press Release, Gerard Wynn and Arjun Flora
Economics, EU membership ambitions point to renewables as best path for country’s future electricity needs
October 29, 2020 (IEEFA) — Strong performance by Kosovo’s first large-scale wind and solar farms show the coal-dominated, Western Balkan country can exploit falling renewables costs and green lending appetite to align better with a low-carbon European transition and reduce losses from stranded fossil fuel assets. According to a new report by the Institute for […]
Press Release, Gerard Wynn and Arjun Flora
Ekonomia, ambiciet për anëtarësim në BE drejtojnë nga burimet e ripërtëritshme si rruga më e mirë për nevojat e ardhshme të energjisë për vendin.
29 tetor 2020 (IEEFA) – Performanca e mirë nga fermat e para të erës dhe diellit në shkallë të gjerë në Kosovë tregon se vendi i Ballkanit Perëndimor i dominuar nga qymyri mund të shfrytëzojë rënien e kostove të ripërtëritshme dhe gatshmërinë për kredi të gjelbëra për tu lidhur më mirë me një tranzicion evropian […]
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Hurriyet Daily News: The Karapinar Solar Energy Plant, being built on a 20-million-square-meter land in the Central Anatolian province of Konya, has started generating power nearly three years ahead of its completion, according to a company official. “We will complete the construction of this facility in 32 months. Solar panels with a capacity of 1,300 […]
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PV Magazine: Turkey’s minister of energy, Fatih Dönmez, has announced plans to revitalize the country’s Covid-19-stricken economy, which include a 1 GW solar tender under the national Yeka (Yenilenebilir Enerji Kaynak Alanları) renewable energy program. Originally planned for last month, the procurement round will tender PV projects ranging in generation capacity from 10-50 MW across […]
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Frost & Sullivan: The increasing demand for energy worldwide and traditional energy independence due to volatile oil prices is encouraging governments throughout the world to harness the potential of renewable energy, driving the global market for wind turbine materials. Expanding at a compound annual growth rate (CAGR) of 8.9%, the wind turbine materials market is […]
IEEFA
Renewables Now: Europe added roughly 23 GW of new solar power generation capacity in 2019, up 88% year-on-year, according to preliminary calculations by IHS Markit. The near doubling of capacity additions was the result of a combination of favourable macro conditions, including a further reduction of photovoltaic (PV) module prices which boosted the cost competitiveness […]
Press Release, Gerard Wynn and Arjun Flora
With additional incentives, payback periods for rooftop solar installations can be reduced to 7 years today and 2 years by 2030
December 19, 2019 (London/Istanbul IEEFA) – Turkey can build on a new support scheme for solar power by providing further incentives that would reduce payback periods to less than seven years now, and two years by 2030, according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA). Turkey has […]
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PV Tech: IHS Markit has reiterated its global solar demand forecast for 2019, despite lower expectations for China. The market research firm said that faster than anticipated growth in some international markets such as the Netherlands, Spain, Germany, Italy, Turkey, or Ukraine had reduced the growth risks associated with weaker demand in China. IHS Markit […]
IEEFA: Renewables’ strong performance and falling costs can help Kosovo break from a coal-powered past
Economics, EU membership ambitions point to renewables as best path for country’s future electricity needsOctober 29, 2020 (IEEFA) — Strong performance by Kosovo’s first large-scale wind and solar farms show the coal-dominated, Western Balkan country can exploit falling renewables costs and green lending appetite to align better with a low-carbon European transition and reduce losses from stranded fossil fuel assets. According to a new report by the Institute for […]