News

IPA funding to bring solar heating to urban households

Published

March 2, 2016

Comments

comments icon

0

Share

Published:

March 2, 2016

Comments:

comments icon

0

Share

Local public heating operator JKP Grejanje in the Serbian city of Pančevo will use European Union cross-border funds in a programme with a Romanian partner to install solar thermal collectors. Panels taking up 900 square metres will be installed at heating plant Kotež 2 alongside a tracking system inside the building, portal 013 Info reported. The works are scheduled to start in late summer, after the procedure in an international tender is complete.

Pilot project ‘Banat Sun 4 All’ is financed from the Instrument for Pre-Accession Assistance (IPA) and covers utilization of renewable energy sources in cooperation with the Romanian municipal authority of Lugoj. The two local governments applied for the funds in 2011.

The heating operator expects to reduce fossil fuel consumption by 8% and for the system to start bringing profit within eight years. The project’s duration is 12 months, half of what was initially planned. Overall worth is EUR 855,000, where the City of Pančevo was awarded EUR 675,000. The local authority participates with just over EUR 100,000. JKP Grejanje utility supplies heating to 3,000 households and has been suffering losses of EUR 200,000 per year.

 

Related Articles

Australian company Volt Resources waiting to enter lithium race in western Serbia

Australian company waiting to enter lithium race in western Serbia

16 July 2024 - Volt Resources has the rights to exploration license applications for lithium and borates in three areas in western Serbia

Greek consumers called to return subsidies related to renewable energy surcharge

Greek consumers must return subsidies that covered renewable energy surcharge

16 July 2024 - Greek commercial consumers, mostly in the agricultural sector, must pay large sums to the state as they were ordered to return subsidies

Petrol obtains financing EV charging network Slovenia Croatia

Petrol obtains financing for EV charging network in Slovenia, Croatia

15 July 2024 - Slovenia-based Petrol is about to install electric vehicle charging points in 35 locations in its home market and in Croatia.

Green for Growth Fund financial impact targets 2023

Green for Growth Fund tops its financial, impact targets in 2023

15 July 2024 - The Green for Growth Fund kept mitigating climate change and promoting sustainable economic growth last year in its 18 markets