IFC invests in Finans Leasing to help energy efficiency
IFC, a member of the World Bank Group, said it is providing a USD 60 million (EUR 52.62 million) loan to Finans Leasing, a leading Turkish leasing company, to boost lending to small and medium enterprises (SMEs) for sustainable energy efficiency projects that will cut costs and help protect the environment. IFC will lend USD […]
Efficiency boost – EUR 3 million for district heating system
The Ministry of Mining and Energy signed a contract with companies which will reconstruct the district heating system in the central Serbian town of Trstenik, seat of its own municipality. The project is financed with EUR 1.7 million by German KfW Development Bank, while the local authority said in a press release that it had […]
Expertise, know-how, innovation at Renexpo trade fair
The second RENEXPO Western Balkans, a two-day trade fair with accompanying conferences, was held in Belexpocentar in Belgrade.
HoSt receives EUR 20 million order for two CHP plants
Croatian electricity company HEP said it signed a deal for the construction of a combined heat and power (CHP) plant in Sisak with companies HoSt and Đuro Đaković. The contract worth EUR 18.95 million was signed less than a week after a similar document for a CHP system in Osijek. The contractor was selected from […]
Gabrovo opens energy efficiency projects tender
The Municipality of Gabrovo has opened a tender for design of work projects, part of an energy efficiency programme, with an estimated value of BGN 2 million (EUR 1.02 million), a notice published in the EU’s procurement journal indicated, SeeNews reported. The value of the contract does not include value-added tax. Works should be completed […]
İşbank joins EBRD’s home energy efficiency programme
The USD 350 million financing facility launched by the European Bank for Reconstruction and Development (EBRD) and the Clean Technology Fund (CTF) was joined by İş Bankası AŞ (İşbank), headquartered in Levent, Istanbul. The purpose of the programme is to boost investment in energy efficiency improvements for homes, EBRD said. The Turkey Residential Energy Efficiency […]
Bogdan Balaci: Connected lighting, future of the industry
While these days modern lighting is equivalent to using LED equipment, the technology developments achieved in recent years have brought this concept a step forward: to ’connected lighting’, the future in this industry, according to Bogdan Balaci, Commercial Leader of Philips Lighting for SEE, who presented the company’s innovations in this area, during a media […]
Two thirds of EU may face sanctions for ignoring directive
Nineteen EU member states have missed the deadline to translate the Energy Efficiency Directive (2012/27/EU) into national law by more than nine months, despite the rigorous enforcement of existing efficiency laws being part of the flagship Energy Union project, Publics.bg portal said. Proceedings against Greece, Portugal and Slovenia for failure to fully implement the directive […]