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EBRD Offers €90M Slovakian Sustainable Energy Finance Facility | The Bank’s SLOVSEFF was launched in 2007, when the EBRD provided €60 million to encourage Slovak enterprises and housing associations to make better use of energy resources. The funds were distributed via four local partner banks Slovenska Sporitelna (Erste Bank Group), VUB Banka (Intesa Sanpaolo Group), Tatra Banka (Raiffeisen International) and Dexia Banka Slovensko.
The new €90 million will be on-lent to the four participating banks as well as to new partner institutions in Slovakia. The proceeds of the EBRD funds will be used to finance efficiency and renewable energy projects implemented in the industrial and residential sectors. | |
| Slovakian Geothermal Resource Reviewed by Panax | In Slovakia results of the review of the historical information database of the Mezozoic carbonates within the East Slovakian Basin, where Panax can potentially operate, included flow rates of up to 120l/sec at a temperature of 130C at 2,252 metres. | |
| Slovakian Shipyard Builds Ships With "Skysails" for Fuel Savings | The “Theseus” last year became the world’s first cargo ship to be powered with high altitude kite-like sails tethered on lines 100 metres in the air.
SkySails cannot power a ship unaided, but it can reduce the amount of gas needed by up to 80 percent without any additional crew or technology.
The “Theseus” is one of three new Rhine class ships being built for Wessels at the Komarno shipyard in Slovakia. | |
| 670 MW of Wind Planned in Slovakia | Slovak Wind Power Association plan to build approximately 290 wind power units in Slovakia with 670 megawatts. Wind Capacity in 2009 is only 3 megawatts. | |
| EBRD Plans Ukrainian Direct Lending for Renewables | The European Bank for Reconstruction and Development is intending to establish a EUR 50 million Ukraine Renewable Energy Direct Lending Facility. Ukrainian News learned this from a statement by the European Bank for Reconstruction and Development, the wording of which was made available to the agency. | |
| Biomass Co-firing Begins at Slovakian Plant | Slovenske Elektrarne (SE), a unit of Italy's utility Enel (ENEI.MI), said on Friday it had started the biomass co-combustion generation in its Vojany power plant, a step aimed at cutting carbon emissions. SE said it would initially use biomass for 4 percent of fuel needed to run the power plant and that it was considering bumping up that amount to 20 percent in the near future. | |
| Slovakian Wind Investment Reported | The company Wind Energie, s.r.o. has announced its intention to build a wind park in the north of Slovakia, near the town of Tvrdošín. | |
| Greenergy Planning Investments in Hungary, Poland, Slovakia and Romania. | Greenergy, a company that operates small co-generation power plants, is spending €20 million on acquisitions and developments this year, according to CEO József Spilkó as told to MTI-Econews and reported in the Budapest Business Journal.
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| CEZ Eyes Renewable Options in Central and Eastern Europe | PRAGUE, Sep 1 (Reuters) - Czech power group CEZ is eyeing smaller renewable energy projects in central and eastern Europe to make up for a lack of large-scale acquisition opportunities, CEZ's head of acquisitions Vladimir Schmalz said. | |
| New Study Explores Wind Potential for Central and Eastern Europe |
The following study covers the development and dynamics of the wind energy industry in Central and Eastern Europe (CEE). Political will and administrative procedures are dramatically changing as the need for energy security, and the ambitious European Union renewable energy targets drive the wind energy market in the CEE region. Nevertheless, sluggish policy developments, effects of the global financial crisis, in addition to supply bottlenecks and grid connection problems slow down the momentum, thereby exposing the markets largest shortfalls, and highest potential. Wind energy boasts of increased attention in the region also due to looming power crises forecasted in many largest CEE countries, such as Turkey and Poland.
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| Biggest Plan for Solar in Slovakia Approved by Poltár Town Council | A large solar power plant could emerge within the area of the town of Poltár as the Emel Energy company has announced it intends to build it in the Jelšoviny locality on the area of 21 hectares. This would be the biggest solar power plant in Slovakia, the TASR newswire reported. | |
| China, Slovakia Look at Solar Cooperation, Investment | Prime Minister Robert Fico presented to Chinese President Hu Jintao on Friday several opportunities for the Asian country to invest in Slovakia. They welcomed the signing of an agreement on Friday that will create a basis for joint Slovak-Chinese entrepreneurial activities aimed at use of solar energy. | |
| Austrian Energy Days in Bratislava Has Renewable Focus | More than 30 companies from Austria and over 80 firms from Slovakia have joined the Days initiative, which was held in the eastern Slovak town of Presov recently.
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| Report From Moscow Energy Trade Fair | Even though the effects of the global financial and economic crisis have affected the Russian construction industry significantly, interest in innovative building and energy technology was unabated at SHK MOSCOW 2009, 13th International Industrial and Technology Trade Fair for Heating, Air Conditioning, Ventilation, Refrigeration, Building Automation, Sanitation and Renewable Energies. A total of 11,300 trade visitors from the CIS and neighboring countries attended Russia’s leading event for this industry and 200 exhibitors from 19 countries showcased their products on 107,600 square feet of exhibit space.
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| Slovenské Elektrárne Director/Chairman Speaks About Energy | Paolo Ruzzini believes that times of crisis should not be a reason to stop investments and kill ambitious projects for the future, especially not in the energy sector where many plans stretch through a quarter of a century and impact the energy strategies of the whole country. Regarding renewables, as far as Slovenské Elektrárne is concerned we are making the contributions in terms of specific projects; right now it is the mix of biomass in coal plants, which started in Vojany and we are taking the opportunities in mini-hydro power plants on the rivers Hron and Váh. | |