Hidroelectrica files non-binding letter of intent to buy CEZ assets in Romania
Romania’s Hidroelectrica, the country’s largest power producer 80%-controlled by the state, has submitted a non-binding letter of intent to buy the assets of Czech energy company CEZ in Romania, Hidroelectrica CEO Bogdan Badea has confirmed, Romania Insider reported, citing Economica.net. The assets have attracted strong interest, CEZ spokesperson Ladislav Kriz said, according to Profit.ro. CEZ […]
Bulgaria taking steps to improve electric vehicle environment – CMS Sofia
Even though Bulgaria is a relatively small and undeveloped electric vehicle (EV) market, in the past few months there have been some developments demonstrating some will of the authorities to improve the EV environment so as to achieve the set goals in the policy documents, according to an eAlert from law firm CMS Sofia. As […]
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 […]
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 […]
EBRD approves EUR 72.25 million loan for Belgrade’s Vinča landfill project
The European Bank for Reconstruction and Development (EBRD) has approved a EUR 72.25 million loan for the Belgrade’s Vinča landfill project, while arranging a syndicated loan of EUR 35 million for the account of participants. The Bank will also mobilize EUR 21 million in concessional finance funded by TaiwanICDF. The EBRD financing will be part […]
Top 3 in September: New fossil fuel subsidies planned in EU, Tesla, decarbonization
The world is taking strides to a point of no return on climate breakdown, yet no less than 5 EU member states are planning to introduce new fossil fuel subsidies by 2030. This story was number-one on our English-language Top 3 Most Read list for September. The Top 3 Most Read list for September is […]
TENDERING: Consulting services to conduct energy audits for 40 public buildings
The Sarajevo Canton has issued a public call for the provision of consulting services to conduct energy audits and detailed design for 40 public buildings. The canton will use a EUR 500,000 grant from the European Bank for Reconstruction and Development (EBRD) grant to finance these services, the EBRD said in a request for proposals, […]
GE Renewable Energy to supply Cypress units for 51 MW wind farm in Turkey
GE Renewable Energy has been selected by Sanko Enerji to supply GE’s 4.8 MW Cypress Units for the 51 MW Gazi 9 Wind Farm in Turkey and will be providing a 10-years Full-Service Agreement. Located in Çanakkale, Turkey, the 51 MW wind farm will generate enough renewable energy to power the equivalent of 100,000 homes […]