Working group set up for Vojvodina to get first geothermal power plants

A working group to facilitate the development of the first geothermal power plant projects in Serbia’s northern province of Vojvodina has been set up. The working group was established last week at the invitation of the Vojvodina Secretariat for Energy, Construction, and Transport and France’s ES-Geothermie, which offers general contracting services for the development of […]

Electricity October 7, 2019

Elektrokrajina launches three-year, EUR 15 million grid modernization in BiH

Power distribution company Elektrokrajina, a subsidiary of state-owned power utility Elektroprivreda Republike Srpske (ERS), has launched a three-year modernization of the distribution network, worth BAM 30 million (about EUR 15 million) and financed by the European Bank for Reconstruction and Development (EBRD), local media reported. Elektrokrajina is the largest distribution company of ERS, supplying 47% […]

GGF secures EUR 25 million from OeEB to continue green finance

The Development Bank of Austria (Oesterreichische Entwicklungsbank AG – OeEB) has increased its investment with the Green for Growth Fund (GGF) by providing an additional EUR 25 million in senior shares, according to a press release from the GGF. OeEB’s commitment will help the GGF continue to develop renewable energy projects and improve energy and […]

Electric scooter sharing app Flow to be available in Belgrade in 2020

Romanian electric scooter sharing app Flow will be offered in Belgrade, Serbia in 2020, according to Bogdan Enoiu, managing director of marketing communications agency McCann Erickson Romania and manager of the Flow business, the Romanian media reports. Flow also plans expansion to Croatia and Israel, Enoiu told Profit.ro. The Flow app, whose main competition in Bucharest, Romania […]