The Romanian-Kazakh Investment Fund for Energy was set up

On October 26, 2018, KazMunayGas International (KMGI) and the Energy Participation Management Company (SAPE), owned by the Romanian Ministry of Energy signed the association agreement establishing the Romanian-Kazakh Energy Investment Fund.

The establishment of the investment fund is stipulated in the Memorandum of Understanding between the Romanian State and KMGI (former Rompetrol Group).

The Romanian-Kazakh Fund envisages an investment level of about $ 1 billion over a seven-year period.

The shareholder structure of the investment fund that will carry out projects in the field of energy is: KMGI - 80% and the Romanian state - 20%.

Frimu Ghinea

tado GmbH get loan from EIB to develop smart energy projects

The European Investment Bank (EIB) is lending over EUR 20 million to tado GmbH, Munich, a leading market player in smart home climate management, which intends to use the funds to step up its research and development activities. The EU bank’s loan is backed by a guarantee from the European Fund for Strategic Investments (EFSI). EFSI is an essential pillar of the Investment Plan for Europe – also known as the Juncker Plan – under which the EIB and the European Commission are working together as strategic partners and the EIB’s financing operations are boosting the competitiveness of the European economy.

EIB Vice-President Ambroise Fayolle, who is responsible for operations in Germany and EFSI at the Bank, said: “Climate change is one of the greatest global challenges of our time. To cope with its effects, we must act quickly, efficiently and innovatively. I therefore particularly welcome the fact that we have gained a new private sector partner in tado°, which can assist us on the path to better climate protection. With its internet-based smart thermostats, which adjust heating to residents’ behaviour, tado° is breaking new ground in reducing energy consumption sustainably. This modern, efficient and innovative approach is precisely what the EU bank, the world’s largest multinational finance provider for climate change projects, is aiming at, with the support of the Juncker Plan.” And he added: “tado° is an excellent example how EIB’s financing helps to crowd in private investors”

Around 30% of the world's energy consumption is used for heating and air-conditioning in buildings; in Europe, heating and cooling even account for half of total EU energy demand. “We are convinced that in the future all buildings will be intelligently heated and cooled, considerably reducing energy consumption. With the capital from the European Investment Bank we have the opportunity to expand our range of products and services and to massively increase our market penetration,” stated tado°’s CEO Toon Bouten.

EIB Press Release


Enel wants 62% of the energy to be produced without carbon dioxide emissions

The Italian energy group Enel wants to reach 62% of carbon-free energy in the total output of the group by 2021, given that for 2018 the estimates are for a percentage of 48%, according to a presentation made by Enel at the Capital Markets Day event in Milan, Italy.

Frimu Ghinea


Aquatherm Tbilisi 2018

Aquatherm exhibition is the concept developed by one of the global leaders of the exhibition industry - Reed Exhibitions. Stated trade fair is being organized by Expo Georgia for the fourth time in 2018. The event will be held on December, 2018 in the eleventh pavilion of Expo Georgia fairground.

The event promises unite the best and brightest of the industry, providing the equipment and expertise of the global and local leaders of heating, energy technology, sustainable energy, cooling, air conditioning and ventilation industries.

Aquatherm Tbilisi 2018 will be held at Expo Georgia – the only exhibition venue in Tbilisi, the capital of Georgia and the leading one in the whole Caucasus Region. Set within the post-industrial Didube-Chugureti district of Tbilisi, Expo Georgia is a 14-hectare campus located northeast of the historic city center. The complex is centered in an extensively landscaped sequence of gardens and park spaces, accessed by parkways and pedestrian paths. Soviet-era pavilions are distributed across the site, developed as a regional exposition during 1960s.



Enel X Romania wants to install 2500 charge points for electric cars

Enel X Romania, part of the Enel Group's advanced energy services division, plans to install around 2,500 load points in all regions of Romania in the period 2019-2023. Total investment is estimated between 15 and 20 million euros.

"Enel X Romania is committed to offering electric vehicle owners and fleets the opportunity to travel across the country, from north to south and from east to west, without worrying about where to find the next load point. Ambitious development of an extended load infrastructure over the next five years, we will contribute to cleaner and more sustainable transport throughout Romania" said Marius Chiriac, Director of Enel X Romania, according to a press release.

The first loading points will be installed in 2019 in Bucharest, Timisoara and Constanta.

Frimu Ghinea

3rd International Congress and Exhibition “Hydropower. The Caspian and Central Asia” (20-21 February, Tbilisi, Georgia)

3rd International Congress “Hydropower. The Caspian and Central Asia” is the professional platform for the dialogue, exchange of opinions, seeking solutions, and efforts consolidation of government and business to jointly work on a number of projects for the construction and renovation of hydropower plants in the region (Georgia, Azerbaijan, Iran, Armenia, Russia, Kazakhstan, Kirghizia, Tajikistan, Uzbekistan). 

Congress keynote speakers and VIP-guests 2018 include:
- Azamat Omorov, Deputy Chairman, National Committee for Industry, Energy, and Natural Resources
- Timur Gamzatov, Director, RusHydro Dagestan Branch
- Telgu Naresh, Director Operations, Adjaristsqali Georgia
- Ruben Egoyan, General Director, Scientific Research Institute of Energy of the Republic of Armenia
- Evgeny Bellendir, Director, HydroProject Institute (RusHydro)

Here’s a sneak peek at what you get when you join the Congress 2019: 

- Case studies from companies successfully carrying out HPP construction projects in America, Europe, and Asia.

- 9 states – one goal. Georgia, Azerbaijan, Iran, Armenia, Russia, Kazakhstan, Kirghizia, Tajikistan, Uzbekistan – which facilities are in progress of construction and design.

- Hot issue: Where is the money coming from – investment and finance. Alternative solutions
- Focus on hydropower! New projects in the Caspian and Central Asia. International cooperation, plans of policymakers, initiators, and investors.

- Dedicated sessions on construction, renovation, and exploitation of hydropower plants.

- Technology-focus presentations and exclusive exhibition: innovative technologies and equipment – construction, renovation, operation.

- Unparalleled business networking opportunities

Hydropower Caspian and Central Asia 2019
20-21 February 2019, Tbilisi, Georgia


ISH 2019 from Monday to Friday.Changing the sequence to Monday to Friday will give trade visitors an extra working day at the fair

ISH, the world’s leading trade fair for the combination of water and energy, is changing its sequence of days. In future, the event will begin on Monday, instead of Tuesday, as in the past.

“With the new sequence of days, we are taking account of the wishes of our exhibitors. Changing the sequence to Monday to Friday will give trade visitors an extra working day at the fair. At the same time, travelling will be more convenient for international visitors”, says Wolfgang Marzin, President and Chief Executive Officer (CEO) of Messe Frankfurt.

In line with the recommendation of the ISH Advisory Council and the exhibitors, the change in the sequence of days was agreed by a majority of the ISH patrons – the Federation of the German Heating Industry (BDH), Association of Air Conditioning and Ventilation in Buildings (FGK), Association of the German Sanitation Industry (VDS), German Association for Energy Efficiency in Building Services (VdZ) and The German Sanitation, Heating and Air Conditioning Association (ZVSHK) – following the last edition of the fair.

The next ISH will be held from 11 to 15 March 2019 (Monday to Friday). As in the past, the fair will be open to private visitors on the last day.

Press release


DNV GL certifies Ingeteam’s 2MW DFIG converter

Ingeteam, the world-leading supplier of electrical conversion equipment, announced today that it received DNV GL’s certification for its Ingecon®Wind stator-equipped 2MW DFIG converter. With this latest achievement, Ingeteam completes the range of its products covered under DNV GL certification, such as the medium voltage full power converters and the statorless DFIG converters; and demonstrates its ability to consistently meet DNV GL’s quality and safety requirements across multiple drive-train topologies.

Ingeteam’s low voltage DFIG power converters have been developed with a modular FRT solution to optimize cost-effectiveness and fulfil the strictest international grid codes. It is a mature technology used by many of the main turbine manufacturers, offering key advantages with regards to costs and sizes savings.

The DNV GL Component Certificate confirms that ingeteam’s converter is designed, documented and manufactured in accordance to design assumptions, specific standards and technical requirements, globally. It also makes the process of new turbine development easier, speeding up the integration of components to wind turbine platforms.

“To this day, DFIG converters remain the most proven, efficient and cost competitive drive train topology,” explained Ion Etxarri Sangüesa, R&D Quality Team Leader of Ingeteam Wind Energy. “Our DFIG converter series offer cost-optimized products for each market and application. Those converters present a very grid-friendly behaviour, including FRT, SCR and SSR, which explains why they are used all over the world, and, in particular, why they do very well in emerging markets such as India or Brazil. Our 2MW DFIG converters can be modulated to bring customized solutions that will effectively minimize wind turbine LCoE”, continued Etxarri Sangüesa.

“We are very pleased to continue our partnership with Ingeteam and support the company in their efforts to demonstrate the quality standards of their products. This new certification is another step forward in the excellent working relationship we have developed with Ingeteam over the years. The certificate emphasizes the quality requirements of Ingeteam in safety and reliability of their products”, concluded Kim Mørk, Executive Vice President, Renewables Certification at DNV GL.


Ukraine: Inauguration of the Novotroickoe wind park

In Herson, the president of the State Agency for Energy Efficiency and Energy Conservation in Ukraine, Serghei Savchuk participated at the inauguration of the Novotroickoe wind park. The total capacity of the plant will be about 70 MW and will be among those the three largest and most powerful in Ukraine.

The installation consists of wind turbines delivered by one of the world's largest wind turbine manufacturers - the company Danish Vestas. The project was implemented by Windcart Tavria along with Ukrgasbank.

"This shows that investors are more active and interested in investing in the installation of renewable energy energy. These success stories are the result of hard work by the Government and the Parliament" Sergei Savchuk told the opening ceremony.

In 2016, 121 MW of renewable energy was introduced, which is 4 times higher than in 2015. For the 7 months of 2017, 166.1 MW have already been installed, which is more than for the whole of the past year.

As for the Herson region, this area is one of the best in the development of "clean energy". Starting with 1 August 2017, there are 23 installations in the Kherson region that generate green electricity. Specifically, 18 with capacity solar power of 68.4 MW and 4 wind farms with a total capacity of nearly 34 MW.



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