EBRD sets EUR 100 million for Vakıfbank to on-lend
The European Bank for Reconstruction and Development said it approved EUR 50 million or its equivalent in dollars or Turkish liras to Vakıfbank (Türkiye Vakıflar Bankası t.a.o.) under the Turkey Sustainable Energy Financing Facility 3 (TurSEFF 3). Another EUR 50 million was set under Turkey Sustainable Energy Financing Facility Framework Ext 1 (TurSEFF 2). The […]
EBRD appoints Matteo Colangeli chief of Albanian office
The European Bank for Reconstruction and Development said Matteo Colangeli was named head of operations in Albania. Based in Tirana, he will take up his position on September 1, succeeding Christoph Denk, who has returned to the headquarters as director for country strategies and results. Matteo Colangeli joined the bank’s natural resources team in London […]
USAID, EPBiH to analyze power plant permitting
Peter Duffy, mission director of the United States Agency for International Development (USAID), and Bajazit Jašarević, general manager of Elektroprivreda Bosne i Hercegovine d.d. (Electric Utility of Bosnia and Herzegovina – EPBiH), signed a memorandum of understanding which defines cooperation between the state-owned company and USAID Energy Investment Activity (EIA) for the analysis of the permitting process […]
Radić: Investors in Balkans seek biomass-fuelled boilers
Key pieces of equipment for L’Oréal’s hybrid trigeneration plant near Burgos in Spain have been designed and installed by company Polytechnik from Austria. The system relies on biomass and solar energy to produce steam, hot and cold water and electricity for the French cosmetics manufacturer’s operations. Viktor Radić from Polytechnik told Balkan Green Energy News […]
Elektro Ljubljana’s assembly approves merger with Gen-I
Shareholders of Elektro Ljubljana d.d. endorsed the plan for the merger of its subsidiary Elektro Energija with fellow Gen-I d.o.o., making another step in the creation of the largest electricity trader in the former Yugoslav republic. The 21st regular shareholders’ assembly at the old power station saw representatives of 89.04% of capital. Participants adopted the […]
Piraeus Bank Bulgaria to finance residential energy efficiency
The European Bank for Reconstruction and Development (EBRD) said it is providing a EUR 10 million loan complemented by technical assistance to Piraeus Bank Bulgaria (PBB). The loan is provided under the new extension of the Residential Energy Efficiency Credit Line (REECL), a framework established by the EBRD in 2005. As the partnership continues, PBB […]
Initiative for implementation of photovoltaic systems on rooftops without FITs
The USAID Macedonia Clean Energy Investment Project and the Renewable Energy Association within the Economic Chamber of Macedonia organized a round table on the open issues and possible solutions for implementation of the initiative for placing photovoltaic (PV) systems on the rooftops that will generate electricity without using Feed-in tariff (FiT), due to the high […]
EU finds Croatia infringes rules on waste
The European Commission is requesting Croatia to bring its national law into full conformity with European Union’s rules on waste. The Waste Framework Directive (2008/98/EC) aims to minimize the negative effects of the generation and management of waste on human health and the environment, the press release said and added the aim is also to […]