Ten lessons learned from the pandemic crisis to be applied in combating climate change
Author: Danko Kalkan, Green Finance and Environmental Management Expert at ProCredit bank What are the similarities and differences between the pandemic and climate crisis and why is the latter underrated? Although there are numerous similarities between these two types of crisis, they are fundamentally different. Still, there are several lessons we could learn and apply […]
Innovative Manyfolds’ technology reduces packaging environmental footprint
One of the finalists at this year’s clim@ competition offers an insight into its packaging design and production business. Manyfolds has an automatic system making boxes for chosen goods, with specialized folding techniques that reduce the sector’s environmental footprint. It eliminates the filling material and shrinks the excessive volume. It’s ultracompact. The founders of Manyfolds […]
Electrica to merge power distribution subsidiaries, energy services units
Romanian electricity supplier Electrica Group is set to merge its three power distribution subsidiaries and two energy services companies. The move has already been approved by the company’s shareholders. The merger of the three electricity distribution subsidiaries – SDEE Transilvania Nord, SDEE Transilvania Sud, SDEE Muntenia Nord – is scheduled for January 1 and the […]
Two coal-fired power plants generate alarming air pollution in Kosovo*
Two coal-fired power plants, Kosova A and Kosova B, are the main source of the alarming air pollution levels in Kosovo*, and particularly the town of Obilić, which is located between the two plants and near to their ash disposal sites and open-pit lignite mines. Bankwatch, which conducted a month-long monitoring of the air quality […]
Solvis plans to build 50 MW solar power plant in northern Croatia
Sunčane elektrane Međimurja, a firm co-owned by Solvis, Croatia’s sole producer of photovoltaic panels, plans to build the largest solar power plant in the country, with an installed capacity of 50 MW, according to Podravski.hr. The solar power plant, which is expected to cost EUR 40 million, should be located in Rasinja near Koprivnica, the […]
Land lease agreement signed for Brajići wind farm
A consortium led by German renewable energy firm wpd has signed a land lease agreement for wind farm Brajići near the Montenegrin coastal city of Budva, a project valued at EUR 101.3 million. The Brajići wind farm, with an installed capacity of slightly over 100 MW, is projected to generate around 220 GWh of clean […]
EPCG overhauls small hydropower plant Glava Zete, replaces two transformers at HPP Perućica
Montenegrin state power utility Elektroprivreda Crne Gore (EPCG) has completed an overhaul of small hydropower plant Glava Zete, operated by its joint venture with Norwegian firm NTE. The state-owned utility has also replaced two transformers at its hydropower plant Perućica. The modernization of Glava Zete was part of an EUR 8 million project that also […]
Solar power is becoming more affordable for firms, households in Serbia
Solar power systems are getting cheaper every year. During the industry’s boom in Europe and the world, investment in the sector in Serbia has been weak. ProCredit Bank’s expert Danko Kalkan points to great growth potential. Prices of solar power equipment have been halved in the past several years so such systems are more profitable […]