Hungary’s MVM plans acquisitions, deals to boost regional presence ahead of IPO
Hungary’s state-owned electricity producer MVM plans to build a regional presence through a series of acquisitions and deals before its potential initial public offering (IPO), Bloomberg has reported, citing an interview by MVM CEO György Kóbor. Deals in Hungary have included the purchase of units from Germany’s E.ON and an unprofitable coal plant, which MVM […]
EU launches first call for proposals under Innovation Fund for clean technologies
The European Commission has launched the first call for proposals under the EUR 10 billion Innovation Fund, which will finance breakthrough technologies for renewable energy, energy-intensive industries, energy storage, and carbon capture, use and storage. The fund is expected to help boost the EU economy’s green recovery following the COVID-19 crisis. The first call will […]
Top 3 most read articles in June
Here are the top 3 most read articles on Balkan Green Energy News in June. They deal with the topic of sustainable financing for biodiversity, status of preparation of national energy and climate plans (NECPs) in the Western Balkans and the announcement of Serbia to revive Kolubara B thermal power plant. A list 0f the […]
Parliament of Republic of Srpska rejects motion to ban small hydropower plants
The Center for Environment demanded from Minister of Energy and Mining Petar Đokić to resign after his party didn’t back a moratorium on the construction of small hydropower plants in the National Assembly of the Republic of Srpska. Only 40 representatives supported the proposition, and 42 votes were needed to pass it. Parliamentarians in Banja […]
RWE boosts renewables portfolio to 9 GW after asset swap with E.ON
The major asset swap between RWE and E.ON is finally completed, as RWE took over innogy’s operations and becomes one of the world’s largest producers of renewable energy. The German company now has a renewables portfolio of 9 GW while 2.6 GW is under construction. According to most estimates, RWE is now the second-largest offshore […]
Plastic Free July – there are alternatives to single use packaging
The world is marking Plastic Bag Free Day on July 3 alongside Plastic Free July awareness campaign which teaches us that in parallel with global efforts, each individual should learn to make small changes and choose to refuse single plastics we use every day. At the same time, it teaches us that despite current challenges […]
Kosovo’s* KOSTT signs connection agreement with ENTSO-E
Transmission system operator KOSTT will become an independent regulatory zone within the AK block, which Kosovo* established with Albania, as European ENTSO-E signed the agreement. Following the vote in April by the Regional Group Continental Europe (RGCE), Chief Executive Officer of KOSTT Ilir Shala has inked the connection agreement with the European Network of Transmission […]
EBRD, UniCredit Leasing support Serbian SMEs transition to green economy
The European Bank for Reconstruction and Development (EBRD), the Green Climate Fund (GCF) and the Government of Luxembourg are supporting small and medium-sized enterprises (SMEs) in Serbia. Financing of EUR 20 million is available through UniCredit Leasing Serbia for investments in climate and green economy projects. GEFF Serbia Leasing is the EBRD’s financing facility of […]
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