Petrol top management steps down unexpectedly

In a surprise move, the three-member top management of Slovenian energy company Petrol, headed by Tomaž Berločnik, has resigned following a meeting with the supervisory board, Slovenian media have reported. Until a new management is appointed, the company will be led by Nada Drobne Popović, who has served as supervisory board chairwoman. In a press […]

Four in five EU coal power plants unprofitable: Greece’s PPC faces EUR 596 million loss, Romania’s CE Oltenia EUR 567 million

Four in five EU coal power plants are unprofitable and utilities could lose EUR 6.6 billion this year alone, finds a new report from financial think-tank Carbon Tracker. Looking at the region, Greek utility PPC could lose EUR 596 million this year, Romanian utilities could lose EUR 567 with CE Oltenia alone facing losses of […]

EIB rejected Vinča incinerator project citing EU rules, activists claim

The European Investment Bank decided against funding the incinerator in Vinča over the targets in waste recycling and circular economy that are defined in chapter 27 of the talks about Serbia’s accession to the European Union, according to Don’t Let Belgrade Drown. The finance institution estimated, the initiative’s representatives claim, that it acted in compliance with […]

Waste October 25, 2019

Procredit Bank Macedonia secures EUR 1 million to finance energy efficiency in households

Procredit Bank Macedonia has secured a EUR 1 million loan from the EBRD for financing energy efficiency improvements of residential buildings, in order to help homeowners reduce greenhouse gas (GHG) emissions and improve the quality of life. Procredit Bank Macedonia will on-lend funds to local households, housing associations and service providers planning to invest in […]

TENDERING: Renewables in transportation study for Energy Community

The Energy Community Secretariat has launched tendering for a study to define possible options for the future of renewables in the transportation sector until 2030 in the Contracting Parties. The deadline for the submission of offers is November 21 (detailed information). The selected consultant will assess the status of renewable energy sources used in the […]