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 […]
Ukraine launches renewable auction system
Authors: Maria Orlyk, Partner and Sergiy Datsiv, Associate, CMS Reich-Rohrwig Hainz,Kyiv Starting 1 January 2020, Ukraine launches a new state support mechanism for renewables. Power generating facilities seeking state support must take part in e-auctions and compete for the right to sell power to Ukraine at the lowest possible price. Introduction In the first half […]
Survey launched to examine experts’ positions on energy policy priorities in the region
A survey of experts’ positions on energy policy priorities in the region has been launched as part of the Renewable Energy Policy Consensus REPCONS regional project, implemented in Bosnia and Herzegovina, Montenegro, and Serbia. The survey is part of the project officially launched in a meeting in Belgrade in June. REPCONS is financed by the […]