GGF Impact Stories: Helping Serbia increase energy savings
The Green for Growth Fund (GGF) supports sustainable energy finance and green energy projects through funding, know-how and the tools to succeed in the market. Serbia represents one of the Fund’s largest portfolios and with more than EUR 90 million invested, it is one of the GGF’s biggest success stories to date. The GGF, which […]
EEO Scheme Model developed for BiH, energy efficiency investment potential estimated at EUR 2.55 billion
The Energy Efficiency Obligation (EEO) Scheme Model for Bosnia and Herzegovina (BiH), developed by the USAID Energy Investment Activity (EIA) Project together with relevant ministries and other government institutions, is designed to significantly improve the way efficient energy production is financed. A survey has shown that the majority of respondents support the idea of financing […]
City of Belgrade to offer 100 public buildings to improve energy efficiency under ESCO model
The City of Belgrade will offer around 100 public building to investors to improve energy efficiency under ESCO projects, city representatives announced on World Energy Efficiency Day, adding that at the end of 2019 or at the beginning of 2020, the EUR 16 million Thermal Rehabilitation of Public Buildings project will be launched. Belgrade Mayor […]
MVP Plus Kick-off Work-shop in Podgorica
The GIZ ORF-EE held its MVP Plus Kick-off Work-shop in Podgorica, Montenegro from 26 to 27 February, 2019. The event provided an opportunity for a detailed presentation of the new ORF-EE project ‘Strengthening the Cooperation Between National and Local Level in South-East Europe for Sustainable Development of Energy Efficiency and Climate Protection Measures’ (MVP Plus) […]
Ljubljana wins European Energy Service Award with Resalta and Petrol, NEWLIGHT scoops recognition award
The City of Ljubljana, together with Slovenian energy service company (ESCO) Resalta and energy company Petrol, has won a European Energy Service Award (EESA) in the Best Energy Service Project category for the Ljubljana energy retrofit project, according to press releases from the two companies. The energy retrofit project of the City of Ljubljana, which […]
GGF extends EUR 1 million to LIDER to on-lend for energy efficiency, small renewable energy equipment
The Green for Growth Fund (GGF), an impact investment fund advised by Finance in Motion, has joined hands with the Microcredit Foundation LIDER to promote energy efficiency and use of small renewable energy equipment among households and farmers in Bosnia and Herzegovina through a loan of EUR 1 million. The loan, along with the complementary […]
Akuo Energy unveils Grubišno Polje cogeneration plant
The Energostatik cogeneration plant in Grubišno Polje, a EUR 34 million investment by France’s Akuo Energy, has started operating at full capacity, according to Grubišno Polje’s official portal. The cogeneration heat and power (CHP) plant will produce 5 MWh of electricity and 6.5 MW of heat energy. The French company also invested in the construction […]
Podgorica, Slovenia’s Javna Razsvetljava sign public lighting modernization deal
The City of Podgorica has signed a EUR 4.7 million agreement on public lighting reconstruction with Slovenia’s Javna Razsvetljava, the leader of the Nova Energija consortium. The public lighting modernization project will reduce the system’s electricity consumption by 80%, according to a statement from the city authorities. The agreement was signed by public utility services […]
