Fintel secures financing, permit for wind parks
Energobalkan DOO signed a contract with Unicredit Bank Serbia for financing La Piccolina wind farm of 6,6 MW, located in Vršac, operator’s parent company Fintel Energia Group SpA said in a press release. The Italian independent power producer added that the total amount of the loan is equal to EUR 7 million, while the required […]
EMS seen expressing interest for SEE CAO services
State-owned power grid operator EMS (Public Enterprise Elektromreže Srbije) is expected to express interest by the end of June in using the services of the Coordinated Auction Office in South East Europe (SEE CAO), SeeNews reported. EMS is expected to officially express the interest, including definition of the borders with SEE CAO shareholders that should […]
EBRD mulls credit lines for renewables, efficiency
In terms of supply, oil and oil products dominate in Cyprus, accounting for 94% of total primary energy supply, and for 96% of electricity production in 2013, the European Bank for Reconstruction and Development said in a new country strategy document. The remainder of the supply are renewables, of which about 20% are imported in […]
Alterenergy in Lushnjë region: three schools reconstructed
Albania’s prime minister Edi Rama joined the ceremony after infrastructural works within the Alterenergy project in elementary schools in in Grabian and Terbuf in Lushnjë region in Albania’s west, accompanied by the ministers of education and urban development Lindita Nikolla and Eglantina Gjermeni. Grabian, Çermë e Sipërme and Çermë Proshk elementary schools are three of […]
Geothermal heating and cooling for public buildings
Elementary school, kindergarten and local cultural centre in Ilinden municipality will use renewable energy sources for heating and cooling of 7,000 square meters of interior space, Build.mk portal said. An energy efficient system for three public buildings has been put into use by transport and communications minister Vlado Misajlovski and Ilinden mayor Žika Stojanovski. The […]
Microloan line for efficiency, housing, agriculture
The European Bank for Reconstruction and Development is supporting the expansion of non-banking financial services in Bosnia and Herzegovina with a EUR 6 million loan to Partner Microcredit Foundation for on-lending to micro and small enterprises. The funding will help the company to develop energy efficiency loans for housing and agricultural products following the destructive […]
Low-carbon society must be main national goal
Energy policy is being planned for the next twenty years, with consideration for forty years in the future, infrastructure minister Peter Gašperšič said, presenting the government’s draft Energy Concept of Slovenia at Ljubljana’s Faculty of Electrical Engineering. „We agreed with the transition to a low-carbon society when we accepted international obligations, however we must not […]
Cropex, Nord Pool Spot develop power market
Croatian Power Exchange Ltd. (Cropex) and Nord Pool Spot, a power market, announced the signing of a cooperation agreement to create the first competitive Croatian day-ahead power exchange, with the possibility of extension to include an intraday market at a later stage. Cropex is committed to the development of a transparent and efficient Croatian power […]