World Bank’s loan to support electricity supply tariff rises in Serbia

World Bank (WB) EUR 160.6 million loan provided to Serbia will, among other activities, support public power utility Elektroprivreda Srbije (EPS ) in achieving increased convergence of the guaranteed electricity supply tariff to reach market parity levels. The percentage and the date of the electricity price hike are not determined. According to World Bank’s statement […]

Nordex awarded three new contracts in Turkey for 178.8 MW

German wind turbine supplier Nordex is awarded three new contracts for a total of 47 multi-megawatt turbines in Turkey. The combined installed capacity of the three projects comes to 178.8 MW. Nordex has announced that it will supply turbines of the N131/3600 and N131/3900 series to   “important existing customer” without naming them. Delivery for the […]

Industrial ecology – systemic problems require a systemic approach

Dejana Milinković, director of the Association of the Cement Industry of Serbia (CIS), discusses for our portal the challenges Serbia is facing on its road to introducing alternative fuels in cement manufacturing. According to her, developed countries have used waste in cement manufacturing for decades, and numerous studies conducted by international and domestic experts have […]

New EUR 5 million loan for energy efficiency in BiH

A loan of up to EUR 5 million is now available to individuals, residents’ associations, producers, service providers, suppliers and vendors of green technologies for energy efficiency investments in residential sector. The funds are provided by European Bank for Reconstruction and Development (EBRD) and will be distributed through services of MKF Partner, a microfinance institution […]

German company ZF to invest in e-vehicle parts factory in Pančevo, Serbia

Germany company ZF Friedrichshafen AD (ZF) plans to invest in the construction of an electric vehicle parts factory in Pančevo. The first phase investment totals EUR 85 million, the city government has announced. According to the preliminary volume of the planned production, the project would be realized in the Northern industrial-business-production zone in Pančevo, near Belgrade, […]

Mobility April 3, 2018

EU report: Southern Europe’s fossil fuel power plants contradict European markets’ pattern

In the fourth quarter of 2017 low water levels in the Balkans negatively affected wholesale electricity prices in Hungary and Slovenia, but also in Romania and Serbia, while fossil fuel based electricity generation in the Southern Europe secured profitability contrary to the case in the European markets, the European Commission’s latest Quarterly report on European […]