EBRD lends EUR 58 million for Bajgora – Kosovo’s* biggest wind farm
Israeli-based Enlight Renewable Energy Ltd. secured half of the total required financing for its 105 MW Bajgora wind park in the municipality of Mitrovica. The European Bank for Reconstruction and Development provided the backing in the form of a credit facility for what will be the biggest such facility in Kosovo*. The EUR 58 million […]
KfW continues to fund energy efficiency in public buildings in Montenegro
Germany’s KfW Development Bank is giving Montenegro a loan of EUR 45 million and a EUR 4.8 million grant for the third phase of the project for energy efficiency in public buildings. On behalf of the government in Podgorica, minister of finance Darko Radunović signed the credit contract while minister of economy Dragica Sekulić inked […]
FBiH provides guarantees for loan for pumped storage plant Čapljina
The agreement on financing and project with Germany’s KfW Development Bank was given the goahead by the Government of the Federation of Bosnia and Herzegovina. The foreign partner is donating EUR 9.5 million for energy efficiency in public buildings and it has secured a EUR 15 million loan for the refurbishment and modernization of pumped […]
Ugljevik testing desulfurization in coal power plant
The RiTE Ugljevik mine and coal power plant has said it switched on its desulfurization system. The facility for the protection from the consequences of burning coal will have a three-month test drive. It was funded by a loan from the Japan International Cooperation Agency, better known as JICA, agreed in 2010. The purifier of […]
Cogeneration plant on woodchips, pellets inaugurated in Županja
GEEN Holding AS has said it formally launched its second combined heat and power (CHP) plant in Croatia. The biomass unit in Županja has the capacity of 4.9 MW for electricity and it is equivalent to the Benkovac project, finished last year. The heating portion comes in at 8.5 MW and a maximum of 10 […]
Aluminum plant in Limassol connects 2.5 MW solar power system to grid
President of Cyprus Nicos Anastasiades has inaugurated the biggest roof solar power system in the country, which will meet almost a third of demand at Muskita Aluminium Industries Ltd. The electricity-intensive business put online 6,750 panels with 2.5 MW in total, according to reports in the local media. The power facility in Limassol took up […]
Solar power plant of 3.5 MW in Croatia’s Vis island nearly completed
Ivo Radica, head of the Municipality of Vis in Croatia, said that the solar power facility that is under construction at a plot of 5.7 hectares would be an excellent asset. The eponymous island will be recognizable at the tourist map for its own electricity source and the 3.5 MW unit will also give developer […]
Serbia rolls out ecotax – firms to pay up to EUR 17,000 per year
The Government of Serbia adopted a directive dividing the corporate sector into three categories according to environmental impact and imposed ecological taxation. Firms are in four groups with regard to size. Persons taxable with property tax were also included at the bottom, with a levy of RSD 1,200 (EUR 10.2) per annum. The ecotax was […]