GGF extends EUR 1 million to LIDER to on-lend for energy efficiency, small renewable energy equipment
The Green for Growth Fund (GGF), an impact investment fund advised by Finance in Motion, has joined hands with the Microcredit Foundation LIDER to promote energy efficiency and use of small renewable energy equipment among households and farmers in Bosnia and Herzegovina through a loan of EUR 1 million. The loan, along with the complementary […]
Akuo Energy unveils Grubišno Polje cogeneration plant
The Energostatik cogeneration plant in Grubišno Polje, a EUR 34 million investment by France’s Akuo Energy, has started operating at full capacity, according to Grubišno Polje’s official portal. The cogeneration heat and power (CHP) plant will produce 5 MWh of electricity and 6.5 MW of heat energy. The French company also invested in the construction […]
Podgorica, Slovenia’s Javna Razsvetljava sign public lighting modernization deal
The City of Podgorica has signed a EUR 4.7 million agreement on public lighting reconstruction with Slovenia’s Javna Razsvetljava, the leader of the Nova Energija consortium. The public lighting modernization project will reduce the system’s electricity consumption by 80%, according to a statement from the city authorities. The agreement was signed by public utility services […]
SEE parliamentarians prepare Joint Declaration on future of energy efficiency in Energy Community
Members of parliament (MPs) from the Energy Community (EnC) contracting parties in South-East Europe (SEE), in collaboration with representatives of the Network of the Schools of Political Studies, prepared a Joint Report on the future of energy efficiency in the Energy Community, following the adoption of the Clean Energy for all Europeans package at the […]
GGF extends EUR 10 million to Ohridska to on-lend for renewable energy, energy efficiency projects
The Green for Growth Fund (GGF) has announced its second senior facility of EUR 10 million for Ohridska Banka to support the bank’s on-lending to renewable energy and energy efficiency projects. The measures and projects financed by this extended facility are expected to yield annual primary energy savings of around 26,330 MWh and CO2 emission […]
Croatia planning energy efficiency measures for households, transport
The energy efficiency action plan recently adopted by the Croatian government envisages measures to reduce energy poverty, given that about 50,000 households are currently designated as vulnerable consumers of energy, local media reported. It is assumed that 330 households will take part in the program annually. The state will approve financing to these households to […]
Call for energy solutions (PoWER Project): March 4 set as submission deadline
Within the project PoWER (Ports as driving Wheels of Entrepreneurial Realm), a call for solutions has been launched and it will be open until March 4, 2019. The call aims at involving companies, SMEs, professionals, and researchers in the Adriatic – Ionian area in the search for new solutions and patents (products, services, business models […]
NEWLIGHT project secures EUR 22 million in investment in public lighting
The NEWLIGHT project, implemented by the Regional Energy Agency of the North-West Croatia (REGEA) and two Croatian counties, has managed to secure HRK 162 million (EUR 22 million) in investment in public lighting in 32 municipalities in Croatia. In addition to HRK 16.5 million (EUR 2.2 million) worth of electricity savings, the project has also […]