Net metering – photovoltaic sector’s only hope
Many member countries of the European Union are increasing their reliance on fossil energy, much of it imported, despite large domestic renewable resources and the fact that the European Union (EU) has pledged to develop renewables totalling 20% of all generation capacity before 2020 and 50% of all capacity before mid-century. As Lee Buchsbaum outlines […]
Serbia to ratify climate change deal within one year
The agreement adopted on December 12 at the United Nations Climate Conference (COP21) in Paris should be ratified by Serbia within one year, the country’s minister of agriculture and environmental protection Snežana Bogosavljević –Bošković said, Beta news agency’s environmental section Zelena Srbija reported. “The plan is to complete the signing and ratification within one year,” […]
Study: legislation improves development of renewables
Partial implementation of the national law on renewable energy has been one of the main factors why interest for investments in the energy sector has been focused only on small hydropower plants, according to a study published by the Albanian Centre for Energy Regulation and Conservation – ACERC. The summary report finds the implementation level […]
Erste gets EBRD’s line for MSMEs and energy efficiency
The European Bank for Reconstruction and Development said it is providing Erste & Steiermärkische Bank d.d. (Erste Bank Croatia) with funds to increase its support to micro, small and medium-sized enterprises (MSMEs) and to promote energy efficiency investments in the residential sector. A EUR 20 million credit line will be extended to enable the bank […]
GGF sets USD 11 million credit line for Odeabank
Projects of wind and geothermal energy as well as, increasingly, in the photovoltaic sector are in the focus of a new package secured by Green for Growth Fund, Southeast Europe (GGF) for Odeabank. The Istanbul-based financial institution plans to finance mainly renewable energy with the loans worth a total USD 11 million (EUR 10.16 million). […]
AFK boosts energy efficiency with EBRD’s credit line
The European Bank for Reconstruction and Development is supporting energy efficiency by providing a loan increase of up to EUR 1 million to the Agency for Finance in Kosovo* (AFK), a microfinance institution. The fresh funds will be added to the current EUR 500,000 energy efficiency loan, extended under the Kosovo Sustainable Energy Projects Framework […]
BDI receives BEES 2015 award
Within the Business Conference BEES 2015 (Business of Energy Efficiency in Serbia), BDI – BioEnergy International AG received the award for developing its latest ‘Waste to Value’ technologies in the field of energy production. The event was held in Belgrade and its declared goal was support for institutions which contribute to the improvement of energy […]
SEE CAO enters second year of operation
Coordinated Auction Office in South East Europe – SEE CAO said it completed auctions for electricity for January, after in late November yearly auctions for 2016 were finished, one year into operation. Complete sequence of borders from Croatia to Turkey is included for the first time in coordinated capacity allocation procedure. The anniversary of coordinated […]