Serbia: UniCredit Bank Serbia receives €5.1 million loan for boosting energy efficiency

The EBRD is providing a loan of up to €5.1 million to UniCredit, in Serbia, to enhance its financing of the green economy. UniCredit Serbia is the second-largest bank in the country and second bank with EBRD support for energy efficiency.

The funds will be on-lent for investments in high-performance energy efficiency technologies, materials and solutions in residential buildings, for example to replace windows or doors, retrofit facades, procure heating equipment or thermal insulation material, PV panels, heat pumps, and other measures.

The goal is to reduce energy intensity and improve energy efficiency in accordance with the EBRD’s Green Economy Transition (GET) approach. With these investments households will not only become more energy efficient but will also decrease their greenhouse gas emissions, reducing their impact on the environment.

Frimu Ghinea


Romania: Transelectrica supports the victims of the floods from June to July 2018

The National Power Grid Company Transelectrica SA from Romania is close to the people affected by the floods from June to July 2018 and granting through the Red Cross organization a total humanitarian aid of 40,000 lei ( approx 9000 euro).

Transelectrica offered sponsorships for the projects "Flood Victims Support 2018" and "Union for the Community - Post-Disaster Humanitarian Assistance for Victims of Floods", implemented by the Red Cross and Vrancea Red Cross, respectively. Beneficiaries of these projects are the victims of the two counties, Neamţ and Vrancea from Romania. The amounts awarded will be used to rehabilitate homes and household annexes affected by floods, as well as to distribute food and clothing to the families affected.

Also in the same line of social involvement, Transelectrica also sponsored the project "We Give Together", the Tulcea Red Cross, which consists of distributing food and hygiene products to the needy families in Tulcea County.

"We are glad to be able to join the people affected by natural disasters lately and help them with Red Cross volunteers to rebuild their lives. It is our duty to engage responsibly in community issues and to offer our support wherever it is necessary, especially when it comes to humanitarian actions, "said Adrian Constantin RUSU, Chief Executive Officer, President of the Transelectrica Directorate.


Turkey: EBRD financing with US$ 50 million four wind farms, US$ 52 million nine solar projects

The EBRD, a leading financier of renewable energy in Turkey and its other regions of operations, is providing a financing package of up to US$ 102 million to the renewable energy arm of the Turkish conglomerate Akfen Holding. The funds will be invested in building four new wind farms and nine solar PV plants with a combined capacity of 327MW.

The company is investing in four new wind farms with a total capacity of 242 MW: Ucpinar (99 MW), Kocalar (26 MW) and Hasanoba (51 MW) in Çanakkale, a province in north-western Turkey on the Dardanelles Strait, and Denizli (66 MW) in the eponymous province in the south west of the country.

For nine new solar photovoltaic plants in five locations across Turkey, the EBRD is lending up to US$ 52 million. The combined capacity of the new solar PV plants will be 85MW.

source EBRD


Enel will build 34 MW solar park in Australia

The Enel Group, through its renewable energy division, Enel Green Power Australia Pty Ltd. ("Enel Green Power Australia"), has won a 15 year support agreement with the Australian State of Victoria for power generation and green certificates following the construction of the Cohuna solar power plant with a capacity of 34 MW. The agreement was awarded in the context of the inverse renewable energy auction organized last year by the State of Victoria. The Cohuna Solar Plant, which will be built in collaboration with the local Leeson Group developer, is located in Gannawarra, Victoria, about 8 kilometers south of Cohuna.

Frimu Ghinea


NRG Systems Purchases Direct Detect Lidar Technology Developed by Pentalum

NRG Systems, a subsidiary of ESCO Technologies Inc. (NYSE: ESE), announced that it has acquired a portfolio of advanced technology developed by Pentalum, an Israeli company that specialized in remote sensing solutions for wind measurement. Founded in 2009, Pentalum pioneered low-cost Lidar solutions that have been deployed by customers in the wind resource assessment, wind farm operations, forecasting, and research markets globally.

Pentalum’s principal innovation was their patented Direct Detect Lidar technology that is able to deliver the high precision and reliability of Lidar at a significantly lower cost compared to conventional Doppler Lidar technologies. Pentalum deployed this technology in their SpiDAR® Vertical Wind Profiler beginning in 2012 and it is now in use on five continents. NRG Systems’ President, Justin Wheating, commented, “NRG has played an active role in the global wind energy market for over three decades and we recognize the growing importance of Lidar in resource measurement and wind farm operations. Pentalum’s technology, when paired with NRG’s global sales and service capabilities, is a significant advantage for our customers, and a great new opportunity for customers who could not previously justify the high cost of Doppler Lidar solutions.”

In addition to its favorable pricepoint, SpiDAR is a rugged, market-proven product that measures wind with high reliability and accuracy at the range of heights required by wind farms all over the world. When coupled with NRG-equipped met towers, SpiDAR delivers excellent flexibility, performance, and cost efficiency. 

NRG Systems will work with its global partner network to offer sales, technical support and integrated services, such as remote power supply, making this product a truly complete solution for customers around the world. Wheating said, “Our customers have been asking us for a full service, integrated wind measurement solution that includes the latest tower based and remote sensing capabilities and we now have that for them.”

The company plans to begin shipping new SpiDAR units in early 2019 and will start offering complete service to existing SpiDAR customers in the coming weeks. NRG Systems will continue to work in close partnership with Leosphere to sell and support Leosphere’s Windcube Lidar in North America.



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