EPCG calls bids for EUR 3.36 million overhaul of six generators at HPP Perućica
Montenegro’s state power utility Elektroprivreda Crne Gore (EPCG) has invited bids for EUR 3.36 million worth of overhaul of six out of seven generators at the Perućica hydropower plant (HPP), as part of a project to ensure reliable electricity production at the HPP Perućica over the next 20 to 30 years. A contractor to overhaul […]
Akfen to build 4 new wind farms, 9 PV plants with EBRD’s backing of up to USD 102 million
The European Bank for Reconstruction and Development (EBRD) is providing a financing package of up to USD 102 million to the renewable energy arm of the Turkish conglomerate Akfen Holding. The funds will be invested in building four new wind farms and nine solar photovoltaic (PV) plants with a combined capacity of 327 MW, the […]
PKS launches Circular Economy Academy
The Serbian Chamber of Commerce (PKS) has launched a Circular Economy Academy for representatives of small and medium-sized enterprises (SMEs), with the aim of helping them improve the quality and efficiency of business processes at their firms and at the same time contribute to Serbia’s economic development and environmental protection, according to a press release […]
Solagro Smart Recycler targets consumers who lost faith in recycling system
A lack of a reliable and simple recycling system and unmotivated users result in a low percentage of recycled packaging waste. Serbia’s Solagro, a participant in this year’s clim@ competition for startups organized by the Green for Growth Fund (GGF), has developed a smart beverage waste recycling device that can solve the problem. The Solagro […]
EIB issues first Sustainability Awareness Bond as Bankwatch urges it to shift away from fossil fuels
Just as the European Investment Bank (EIB), heavily present in South-East Europe (SEE), issued its first, EUR 500 million Sustainability Awareness Bond, CEE Bankwatch Network, one of the largest networks of environmental civil society organizations (CSO) in Central and Eastern Europe, unveiled a report calling on the lender to shift away from financing fossil fuels […]
HPP Bogatići Nova put into operation after EUR 9.45 million investment
Power utility Elektroprivreda Republike Srpske (ERS) has put into operation hydropower plant (HPP) Bogatići Nova, with an installed capacity of 9.96 MW, built in an investment of BAM 18.5 million (about EUR 9.45 million). HPP Bogatići Nova, on the Željeznica River near Sarajevo, should generate an average of 46.26 million KWh of electricity a year, […]
Five EU member states urged to capitalize on building renovation strategies to improve energy efficiency
Bulgaria, Croatia, Germany, Romania, and Slovenia have only partially met the objectives of Article 4 of the EU’s Energy Efficiency Directive, missing the opportunity to deliver an array of benefits through building renovation, according to a report recently published by the Horizon 2020 project EmBuild. “There is clearly a missed opportunity as building renovation has […]
Works start to build 2nd biomass boiler in Priboj
The municipality of Priboj has started building a boiler to use wood chips as fuel, in what will improve heating supply for five public facilities and cut their heating costs. The new 1.8 MW biomass boiler will supply heating to two elementary schools and two high schools, as well as primary health care facility, with […]