OEDAS inks finance deals worth USD 330 million to upgrade distribution network
Turkey’s electricity distribution company Osmangazi Elektrik Dagitim (OEDAS), a subsidiary of Zorlu Energy Group, has signed project finance agreements with three international finance institutions (IFI) for Turkish lira-denominated lending worth USD 330 million to finance electricity distribution investments. The lending from the European Bank for Reconstruction and Development (EBRD), IFC, a member of the World […]
Belgrade’s ETF students reach final of energy efficiency solutions competition – support them!
A team of students from the University of Belgrade School of Electrical Engineering (ETF) is inviting companies to help them raise funds to take part in the final of the International Future Energy Challenge (IFEC), the world’s largest student competition in the area of innovative and energy efficiency solutions. The final, which will pit the […]
FBiH allocates EUR 8.4 million in renewables, cogeneration subsidies in 2018
The government of the Federation of Bosnia and Herzegovina (FBiH) has adopted a decision allocating a total of some EUR 8.4 million (BAM 16.4 million) in subsidies for electricity production from renewable energy sources and cogeneration in 2018. The subsidies for electricity production from renewables and cogeneration stand at BAM 0.002128 per kWh, not including […]
Introduction of market-based incentives for renewables not in Serbia’s interest
Author: Slobodan Ružić, CEO of Energy Saving Group The need to incentivize investments in renewable energy sources is not merely something powerful political and business circles lobby for in order to profit off of people. Or at least it’s not just that! Renewable energy has an immense overall social significance combined with clear economic reasons. The […]
Macedonia adopts new energy law, transposes Third Energy Package
The Macedonian parliament has adopted a new energy law transposing the Third Energy Package in a move rectifying breaches of the Energy Community Treaty. The new law restores the basic human right to choose the electricity supplier, and meets the conditions for opening the electricity market, the Macedonian government said in a statement. According to […]
Belgrade to “do its part” to enable launch of works under Vinča landfill project by next spring
The City of Belgrade will “do its part” within legal deadlines to enable launching construction by the spring of 2019 under a EUR 333 million public-private partnership (PPP) project to remediate the Vinča landfill – Serbia’s biggest environmental problem – and build modern waste management facilities, City Manager Goran Vesić said. Vesić was speaking while […]
Funds raised for Croatia’s first renewable energy crowdfunding project
A 30 kW solar power plant will be built in early autumn on the roof of the Development Center and Technology Park owned by the Croatian City of Križevci, under the country’s first such crowdfunding project financed through micro loans. The commissioning of the plant in an estimated investment of HRK 230,000 (EUR 27,000) is […]
Solar PV, thermal panel plant opens in Skopje
PiKCELL Group, in partnership with Solar Power, has unveiled a plant to produce solar photovoltaic (PV) and thermal panels in Skopje, the Macedonian media reported. This is the first such plant in Macedonia and the region, according to the reports. The investment is expected to reach EUR 5 million by the end of the year. […]