Beo Čista Energija gets feed-in tariffs for two power plants under Vinča landfill project
Beo Čista Energija, a special purpose vehicle for the implementation of Belgrade’s Vinča landfill project, has received privileged producer status for its two future cogeneration plants. It means the company will receive feed-in tariffs for the production of heat and power in these facilities. Beo Čista Energija will build a power plant fueled by landfill […]
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 […]
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% […]
Four systemic Greek banks join EUR 650 million sustainable infrastructure program – EIB
The European Investment Bank (EIB) has confirmed in a press release involvement of four systemic Greek banks in a new EUR 650 million green infrastructure investment program. Confirmation of the involvement of the four systemic Greek banks – Alpha Bank, Eurobank, National Bank of Greece, and Piraeus Bank – will enable EUR 650 million for […]
Contracts signed to finance switching two Serbian heating plants to biomass
Heating plants in six municipalities in Serbia will receive EUR 26.7 million to switch from fossil fuels – coal and heating oil – to biomass, the Ministry of Mining and Energy said on its website. The first two municipalities to get new heating plants will be Priboj and Mali Zvornik, by the of 2022. The […]
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 […]
RSV Energy to install 47 MW solar power plant in BiH
Bosanski Petrovac-based RSV Energy plans to invest around BAM 70 million (about EUR 35.8 million) in a 47 MW solar power plant that will cover 80 hectares near the town in Bosnia and Herzegovina. The Minister of Economy in the Government of the Una-Sana Canton, Nijaz Kadirić, has announced on his Facebook page that he […]
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