Bulgaria to launch EUR 33 million renewables, energy efficiency, energy security program

Bulgaria is preparing to launch its Renewable Energy, Energy Efficiency and Energy Security Program, with an estimated EUR 33 million budget to finance street lighting, geothermal and hydropower utilization, energy efficiency in buildings, and other projects, the Ministry of Energy has said on its website. For the first time in the current programming period, beneficiaries […]

Green Caucus established in Assembly of Kosovo*

The informal Green Caucus has been recently established in the Assembly of Kosovo*. The constitution of the Green Caucus is result of the previous devoted work of its parliamentarians on both regional and national level on the topics of energy efficiency and climate protection supported by the GIZ Open Regional Fund for South-East Europe – […]

Turkey preparing to join global leaders in energy storage

The Turkish Energy Market Regulatory Authority (EMRA) has announced a Draft Regulation on Electricity Storage Activities, based on the Electricity Market Law. Attorneys-at-law of CMS in Turkey explain the implications and the planned regulation’s contribution to advancing the country’s sustainable energy strategy. Scope of the Draft Regulation The Draft Regulation will set out the principles and […]

Startup SmartCat tops PowerUp! competition in Serbia

Startup SmartCat from Novi Sad has won the second PowerUp! competition in Serbia with its innovative software Optimus Power for optimization and control of electricity consumption. The startup made up of Sanja Hajduković, Nina Marjanović, Nenad Božić, Dušan Ranđelović, and Stanko Kuveljić secured the opportunity to compete in the regional final in Krakow on May […]

EIF backs Slovenia’s Resalta with EUR 6 million

The European Investment Fund (EIF), part of the EIB Group, will provide EUR 6 million of new equity capital to the innovative Slovenian provider of energy efficiency solutions Resalta. This capital increase will help Resalta evolve from being a start-up and implement a business plan to become a major provider of independent energy services and […]