Procredit Bank Macedonia secures EUR 1 million to finance energy efficiency in households
Procredit Bank Macedonia has secured a EUR 1 million loan from the EBRD for financing energy efficiency improvements of residential buildings, in order to help homeowners reduce greenhouse gas (GHG) emissions and improve the quality of life. Procredit Bank Macedonia will on-lend funds to local households, housing associations and service providers planning to invest in […]
Resalta completes lighting project for bERS Logistics in Bulgaria
Resalta has completed a lighting renovation project for logistics company bERS Logistics at its facility in Musachevo, Bulgaria, according to a press release from Resalta. bERS Logistics provides logistics services, including warehousing, shipping and e-commerce support, with facilities throughout Bulgaria. The client chose to renovate lighting at its Musachevo logistics center, near Sofia, in order […]
High efficiency and adaptive hardware and software – e-drive applicable to any battery and any machine
High-efficiency e-drive with adaptive hardware and software, making it applicable to a wide range of batteries and machines – we are presenting the winning solution developed by the H-Bridges team of students from the University of Belgrade School of Electrical Engineering. Even though the International Future Energy Challenge (IFEC) 2019 task was to develop an […]
TE-TO Pančevo to start combined heat, power generation in Q4 2020
The 200 MW Pančevo cogeneration power plant (TE-TO Pančevo) is expected to be built by 2020, and the combined production of heat and power (CHP) is scheduled to start in the last quarter of that year, said Aleksandar Antić, Serbia’s minister of mining and energy. Antić made the statement after meeting with Denis Fyodorov, Director […]
Working group set up for Vojvodina to get first geothermal power plants
A working group to facilitate the development of the first geothermal power plant projects in Serbia’s northern province of Vojvodina has been set up. The working group was established last week at the invitation of the Vojvodina Secretariat for Energy, Construction, and Transport and France’s ES-Geothermie, which offers general contracting services for the development of […]
Four systemic Greek banks join EUR 650 million sustainable infrastructure program – EIB
The European Investment Bank (EIB) has confirmed in a press release involvement of four systemic Greek banks in a new EUR 650 million green infrastructure investment program. Confirmation of the involvement of the four systemic Greek banks – Alpha Bank, Eurobank, National Bank of Greece, and Piraeus Bank – will enable EUR 650 million for […]
Contracts signed to finance switching two Serbian heating plants to biomass
Heating plants in six municipalities in Serbia will receive EUR 26.7 million to switch from fossil fuels – coal and heating oil – to biomass, the Ministry of Mining and Energy said on its website. The first two municipalities to get new heating plants will be Priboj and Mali Zvornik, by the of 2022. The […]
GGF secures EUR 25 million from OeEB to continue green finance
The Development Bank of Austria (Oesterreichische Entwicklungsbank AG – OeEB) has increased its investment with the Green for Growth Fund (GGF) by providing an additional EUR 25 million in senior shares, according to a press release from the GGF. OeEB’s commitment will help the GGF continue to develop renewable energy projects and improve energy and […]
