JAC Motors mulls e-car production in Bulgaria
The possibility to build an assembly plant for electric vehicles with locally sourced components is considered by JAC Motors, maker of passenger cars and heavy vehicles. The news was published by Bulgaria’s Ministry of Economy after a meeting with the Chinese company’s officials. JAC sees the Black Sea country as an entry point to European […]
Vrbas opens ESCO tender for street lighting
Energy service companies, or ESCOs, can apply for a street lighting project as a call for bids filed as 401-1-24/2016 was published by the Municipality of Vrbas in Serbia’s northwest. The move to raise the level of energy efficiency is based on savings in operational costs generated by reduced energy consumption and lower maintenance costs […]
Italian company preparing to invest in biomass cogeneration
Twenty underdeveloped municipalities in the Federation of Bosnia and Herzegovina and another 20 in the Republic of Srpska which dispose of wood waste will be included in cogeneration projects, said Foreign Investments Promotion Agency (FIPA) of BiH. Director Gordan Milinić spoke to Zdravko Aćimović, who heads Alfa Invest – partner of Pyrox from Turin for […]
EBRD to launch third TurSEFF line for small projects
A framework operation of EUR 400 million for on-lending to several financial institutions in Turkey is considered by the European Bank for Reconstruction and Development. TurSEFF 3 will be used to finance private and public sector subborrowers investing in small scale renewable energy and resource efficiency projects, according to the announcement. It will be the […]
Sofia boosting energy efficiency in schools, kindergartens
The Capital Municipality invested BGN 20 million (EUR 10.2 million) for the construction and energy efficiency of educational infrastructure, mayor Yordanka Fandakova said at the opening of the National Teachers Council in Arena Armeets Hall in Sofia, as reported by Focus news agency. She pointed out nine kindergartens were under construction and 47 schools and […]
The deeper renovation the better, BPIE’s study shows
A new analysis about further development of the Bulgarian renovation programme for multi-family buildings has been carried out by an international team of organizations. Following the implementation of the programme’s first phase, the study argues for a shift in focus towards achieving higher energy classes, reducing at the same time the level of public subsidy […]
World Bank to increase funding for Bosnia Energy Efficiency Project
The World Bank is ready to support Bosnia Energy Efficiency Project (BEEP) with further investments and advisory, said Jary Vayrynen, task team leader for the endeavour financed by the domestic government through loans from the international finance institution and the International Development Association. The project is funded with USD 32 million (EUR 28.8 million). Performances […]
Italian credit line expanded by EUR 30 million, new possibilities
After the first credit line was completed, the Government of Italy approved a new credit programme, worth EUR 30 million, implemented by the Embassy of Italy in Serbia and the Ministry of Finance of Serbia. The purpose of the credit line is to contribute to economic growth of Serbia through the domestic banking system by […]