JAC Motors mulls e-car production in Bulgaria
The possibility to build an assembly plant for electric vehicles with locally sourced components is considered by JAC Motors, maker of passenger cars and heavy vehicles. The news was published by Bulgaria’s Ministry of Economy after a meeting with the Chinese company’s officials. JAC sees the Black Sea country as an entry point to European […]
Slovenian capital dedicated the whole of June to energy efficiency
The Dutch city of Nijmegen, chosen to be the 2018 European Green Capital Award, and Ireland’s Galway, which was selected for the 2017 European Green Leaf, were crowned at a ceremony in Ljubljana. The city of ‘s-Hertogenbosch in the Netherlands and Sweden’s Umeå also competed to become the green capital, while Cornellà de Llobregat of […]
Petrol sells stake in Gen-I to Gen-EL
IG energetski sistemi (IGES) d.o.o., part of Petrol Group, agreed to accept EUR 45.1 million for its half of ownership in electricity and natural gas supplier Gen-I d.o.o., headquartered in Krško, in a deal with Gen-EL d.o.o. The transaction will be carried out in two parts: one by the end of this year, following the […]
Vrbas opens ESCO tender for street lighting
Energy service companies, or ESCOs, can apply for a street lighting project as a call for bids filed as 401-1-24/2016 was published by the Municipality of Vrbas in Serbia’s northwest. The move to raise the level of energy efficiency is based on savings in operational costs generated by reduced energy consumption and lower maintenance costs […]
Italian company preparing to invest in biomass cogeneration
Twenty underdeveloped municipalities in the Federation of Bosnia and Herzegovina and another 20 in the Republic of Srpska which dispose of wood waste will be included in cogeneration projects, said Foreign Investments Promotion Agency (FIPA) of BiH. Director Gordan Milinić spoke to Zdravko Aćimović, who heads Alfa Invest – partner of Pyrox from Turin for […]
IBEX in talks about coupling with Greece, Romania
Independent Bulgarian Energy Exchange (IBEX), part of state-run Bulgarian Energy Holding (BEH), is negotiating about the integration with markets in Greece and Romania through coupling, chief executive Konstantin Konstantinov said, Reuters reported on June 16. The bourse’s trade volume is 250 MWh a month on average, much more than Serbian SEEPEX and Croatian CROPEX, the […]
EBRD to launch third TurSEFF line for small projects
A framework operation of EUR 400 million for on-lending to several financial institutions in Turkey is considered by the European Bank for Reconstruction and Development. TurSEFF 3 will be used to finance private and public sector subborrowers investing in small scale renewable energy and resource efficiency projects, according to the announcement. It will be the […]
Sofia boosting energy efficiency in schools, kindergartens
The Capital Municipality invested BGN 20 million (EUR 10.2 million) for the construction and energy efficiency of educational infrastructure, mayor Yordanka Fandakova said at the opening of the National Teachers Council in Arena Armeets Hall in Sofia, as reported by Focus news agency. She pointed out nine kindergartens were under construction and 47 schools and […]
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