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Montenegro: Green Gvozd shortlists six bidders for Gvozd wind farm consultancy

Green Gvozd, a wholly-owned subsidiary of the state-owned power utility EPCG, has shortlisted six international bidders for the consultancy role in the construction of...

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The renewable plant of 2030 will be an integrated energy system

The conventional renewable energy project is built around a relatively straightforward model: wind turbines or photovoltaic panels generate electricity, a substation exports it to...

Why a €70/MWh PPA does not guarantee €70/MWh in revenue

A power purchase agreement (PPA) offering a renewable project a price of €70/MWh may appear to provide a straightforward hedge against electricity-market volatility. However,...

Renewable project finance in Southeast Europe requires a new approach to debt sizing

Renewable project finance has traditionally relied on a relatively straightforward set of assumptions to determine how much debt a project can support. Expected electricity...

Serbia’s renewable investment window narrows as solar cannibalisation looms

Serbia’s first negative electricity prices should be viewed less as evidence of an immediate renewable oversupply problem and more as an opportunity to prepare...

Greece offers Southeast Europe an early warning on falling solar value

Greece is providing Southeast Europe with one of its clearest indications yet that rapid photovoltaic expansion can put pressure on renewable revenues, even as...