Consultant sought to help launch renewable energy auctions in Kosovo*
The European Bank for Reconstruction and Development (EBRD) has invited expressions of interest in providing it with consultancy services in order to support the Government of Kosovo* in developing and implementing a competitive scheme for the award of future support to renewable energy generators. The EBRD previously engaged with the Kosovo* authorities on the development […]
Piraeus Bank joins EUR 650 million EIB green infrastructure investment program
Piraeus Bank has agreed to support a new EUR 650 million infrastructure investment program developed by the Hellenic Ministry of Development and Investments and the European Investment Bank (EIB). Piraeus is the second leading Greek bank to confirm participation with the scheme, after the National Bank of Greece. Piraeus Bank will identify and invest in […]
Petrol to help T Plus optimize district heating systems in Russia, work with Schneider Electric
Slovenian energy Petrol has signed a memorandum with T Plus Group, Russia’s largest privately-owned heat and power company, to take part in projects to optimize district heating in the regions where T Plus is present, marking the Slovenian company’s entry to the Russian market, according to a press release on Petrol’s website. Petrol brings to […]
North Macedonia spends EUR 182 million on environmental protection in 2018
North Macedonia has spent MKD 11.2 billion (about EUR 181.9 million) on environmental protection in 2018, an increase of MKD 1.2 billion (about EUR 19.5 million) compared to 2017, when these expenditures totaled MKD 10 billion (about EUR 162.4 million). According to data from the State Statistical Office of the North Macedonia, the total environmental […]
Greece, Slovenia among five EU countries to introduce new fossil fuel subsidies – report
Five EU countries including the UK, Germany, Greece, Poland, and Slovenia are looking to introduce new fossil fuel subsidies by 2030, an analysis of the 28 Member States’ draft energy and climate plans (NECPs) has revealed. In a new report, “Fossil fuel subsidies in draft EU National Energy and Climate Plans: Shortcomings and final call […]
Croatia issues third public call this summer for geothermal exploration
The Croatian Hydrocarbon Agency (CHA) has announced a public call to select the best bid for geothermal energy exploration in the Križevci exploration area, for the purpose of issuing an extraction license for energy use, the third such invitation issued in as many months. The deadline to submit bids is September 7, 2019, according to […]
Porsche lifts stake in Croatian electric car maker Rimac Automobili to 15.5%
Automotive giant Porsche AG has increased its share in Croatian technology and electric sports car company Rimac Automobili to 15.5%, from 10% it acquired in June last year. In May this year, Hyundai Motor Company and Kia Motors Corporation decided to invest EUR 80 million in Rimac Automobili. “As Porsche increases the scale of its […]
Osijek gets EUR 1.77 million for e-mobility project, cycling lane upgrade
The City of Osijek has been handed two contracts on a total of HRK 13.1 million (EUR 1.77 million) in funding for an e-mobility project, which involves setting up a bike-share scheme, and for upgrading two cycling lanes, according to a statement on the city’s website. The e-mobility project involves the procurement of a total […]
