UBB to finance energy efficiency in homes with EBRD’s loan
The European Bank for Reconstruction and Development said it is providing a EUR 5 million loan and technical assistance to the United Bulgarian Bank (UBB) to finance investments that will improve the energy efficiency of residential buildings. The package is part of EBRD’s strategy to help the countries where it invests to address climate change […]
Turkey nearing 6 GW in wind energy
National potential for power generation from wind turbines is more than double its current installed capacity, which will reach 6 GW by the end of the year, compared to 4.76 GW in May, according to Mustafa Ataseven, president of Turkish Wind Energy Association (TWEA or Türeb). Speaking to Anadolu Agency on the eve of Global […]
Romania losing 100 million tonnes of waste per year
Agriculture is the biggest source of waste in Romania that could be turned to energy, while households produce the second-largest volume, Iuliean Hornet, CEO at Ecohornet, told a biomass and biogas conference in Bucharest. He said the Eastern European country is losing an overall 100 million tonnes of the material every year, Act Media reported. […]
Three-day event on water management held in Belgrade
After five RENEXPO events, REECO SRB organized water management conferences, forum and trade fair, from June 6 to June 8. The main topics were disaster risk management with issues of flood prevention and protection in the region, wastewater treatment with reclamation and purification, wells and pipes for drinking water and management of water resources. Side […]
Decision makers get acquainted with Pluto initiative
The European Bank for Reconstruction and Development said it presented its innovative financing scheme in support of geothermal energy projects at a three-day IGC Turkey conference. The Pluto initiative, worth USD 125 million (EUR 110 million), provides finance and advice to private developers at exploratory stages in a move to tap Turkey’s significant potential for geothermal energy […]
Italy to use Montenegro as bridge to Balkans energy market
Connecting Italy and Montenegro by a submarine power cable is a priority for Terna SpA, company’s chief executive Matteo del Fante said. In a statement carried by Dnevne novine, he also marked the Balkan country as a bridge that will allow Italy to enter the Balkans energy market. The focus of the Italian company in […]
EPCG invests over EUR 2 million in electrical grid of Ulcinj
Power supply in the municipality of Ulcinj will be better and safer the following season due to an investment by the Montenegrin Electric Power Company (EPCG). The state-controlled utility recently launched works in the central part of the town, located in the country’s south. The project of a new substation is underway, and the facility […]
Green cars sales rise by 112% through April on the year
In the first four months of this year Romanians bought 195 hybrid and pure electric vehicles, figures provided by the Association of Producers and Importers of Automobiles (APIA) show. Green car sales have increased by 112% compared to the same period last year, portal Energynomics.ro reported. Although the percentage of the increase in green cars […]