First round of infrastructure projects receives EU funding
Innovation and Networks Executive Agency (INEA) has signed 15 grant agreements for priority energy infrastructure projects, the first of 34 to receive a total of EUR 647 million under the European Union’s Connecting Europe Facility 2014 call for proposals, Investment.albaniaenergy.org portal said. The presentation of Albanian Centre for Energy Regulation and Conservation – Acerc, reported […]
KfW willing to support hydro projects and energy efficiency
Prime Minister Milo Đukanović met in Berlin with senior officials of KfW Development Bank Christoph Tiskens and Kirk Mildner, Government of Montenegro said on its website. One of Germany’s leading banks is willing to strongly support Montenegro’s development, the KfW’s representatives said. In that context, the meeting addressed future cooperation mechanisms and assistance to build […]
Interest-free loans in Société Générale for Ceresit facade
Henkel’s Ceresit brand agreed with Serbian branch of Société Générale bank to launch a second subsidized consumer loan programme for the purchase of company’s facade material, BetaOMS advertising service said. The energy efficiency initiative brings zero interest rate during the cycle of 12 months, and the material can be bought in Ceresit Mix shops. The […]
Government supports 28 large PV projects this year
Turkey’s economy ministry has decided to support solar energy investment incentives, following promises made by the governing Justice and Development Party (AKP), TRT World portal reported. The government gave 28 incentive certificates for solar energy, out of 35 overall energy production projects this year, according to its regular data release in February. The country has […]
Electricity, heating power price hike inevitable as of July
Bulgarian Energy Forum chairman Ivan Hinovski told radio Focus that the rise of electric power and heating prices of July 1 is inevitable, Energy World magazine’s portal reported. He added that the hike is reasonable as there are accumulated disproportions in the price of various products in the energy sector. “Heating power subsidizing is crosswise […]
Albania awards two electricity trading licences
National energy regulator said it has awarded an electricity trading licence to local companies Green Energy Trading Albania and GAEA-Energjia Alternative e Gjelbër, SeeNews portal reported. The licence allows the company to operate as electricity trader in Albania for a five-year period, the energy regulator said in a statement posted on its website. The decision […]
EBRD helps EPS restructuring only with strategic partner in
Blic newspaper said the European Bank for Reconstruction and Development had asked for 20% of Electric Power Industry of Serbia (EPS) to be sold by end-2016 in exchange for its financial restructuring loan of EUR 200 million. The paper’s portal said the EBRD insists on letting a strategic partner get a share in the company. […]
Energy Community welcomes adoption of Third Package law
Energy Community Secretariat said it sincerely welcomes the Albanian Parliament’s adoption of a Third Energy Package compliant electricity law on 30 April. The law consolidates the reforms taken so far in this sector which have been neglected in the past, the press release said. Albania is the second country among the Energy Community Contracting Parties […]