Serbia’s H-Bridges win world’s leading student competition with cutting-edge e-bike drive
The H-Bridges team of students from the University of Belgrade School of Electrical Engineering (ETF) have won the International Future Energy Challenge (IFEC) 2019, the world’s largest student competition in the area of innovative and technical efficiency solutions. This year’s competition was about electric bike drive solutions. The IFEC final was held from July 29 […]
EIB to ditch fossil fuel projects from 2021
The European Investment Bank intends to stop funding fossil fuel projects from 2021, according to the draft of the EU bank’s new energy lending policy. In the document, titled EIB energy lending policy – Supporting the energy transformation, the bank said that its activities would shift away from fossil fuel projects and focus on four […]
Sweden provides EUR 616,113 for energy management in BiH
Sweden’s government is allocating an additional BAM 1.2 million (about EUR 616,113) grant to the Green Economic Development (GED) project, implemented by UNDP Bosnia and Herzegovina, aiming to improve energy management in public buildings in BiH. Marie Bergstrom, Head of the Development Cooperation at the Embassy of Sweden in BiH, and Sukhrob Khoshmukhamedov, UNDP BiH […]
Green for Growth Fund backs microfinance institution Alter Modus’ energy efficiency lending
The Green for Growth Fund (GGF) has provided a senior loan of EUR 1.5 million to the microfinance institution Alter Modus. This transaction further broadens and diversifies the fund’s geographic and operational scope with financing for Montenegro’s growing energy efficiency market. The GGF’s new investment will support Alter Modus, Montenegro’s leading microfinance institution, in further […]
USD 350 million secured for 3 new units at EFELER, Turkey’s largest geothermal power plant
Turkey’s Gurmat Elektrik, a renewable energy subsidiary of Güriş Holding, has secured a USD 350 million financing package for three new units at EFELER, the country’s largest geothermal power plant, according to a joint press release from three major development banks. EFELER is located in western Turkey, in the region of the Buyuk Menderes Graben […]
Croatia’s HEP to install solar park near its lone coal-fired power plant
Croatian power utility Hrvatska Elektroprivreda (HEP) intends to install a 25 MW solar park in the area of the Kršan municipality, in the eastern part of the Istrian peninsula, the Glas Istre portal reported. Notably, HEP operates its only coal-fired power plant, Plomin, in this municipality. Mayor Valdi Runko said that the Kršan municipality and […]
Brave Women of Kruščica win EuroNatur Award for averting construction of 2 SHPPs
The Brave Women of Kruščica have won the EuroNatur Award for 2019 for their 500-day action that prevented the construction of two small hydropower plants (HPPs) in the village in Bosnia and Herzegovina. For more than 500 days and nights, a group of women from the village of Kruščica blocked a bridge crossing the river […]
Wind dominates Top 3 Most Read list for July
The news that Croatia’s state-owned power utility Hrvatska Elektroprivreda (HEP Group) is going ahead with its first wind farm was number-one on our English-language Top 3 Most Read list for July. The Top 3 Most Read list for July is also available for our portal’s Serbian/local language version. 1 – Nordex Group to supply turbines […]
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