Solar tobacco dryers cofinanced by state fund
The Environmental Protection and Energy Efficiency Fund (FZOEU) approved the Sol Siccus Tobacum project for direct cofinancing of the installation of tobacco drying systems which use renewable energy sources. The endeavour was developed by Virovitica–Podravina County’s Regional Development Agency (Vidra). According to a report on the county’s website, the investment is worth HRK 6 million […]
DIVE to install two more mini hydropower plants
After commissioning its first facility in Croatia in January, German company DIVE Turbinen GmbH & Co. KG announced that it will install one more mini hydropower plant by the end of the year, and another one in the same market in 2016. The first project was built on river Kupčina in the community of Draganić […]
EPCG’s quarterly profit falls by almost one third
State-owned utility Electric Power Company of Montenegro (EPCG), based in Nikšić, concluded the third quarter with a profit of EUR 12.69 million, 30.4% less than from the corresponding period of last year. The financial report published on Montenegroberza’s website revealed expenditures in Elektroprivreda Crne Gore a. d. rose 5.4% to EUR 170.65 million. Material accounted […]
Share of renewables in buildings to reach two thirds
To reach the target of reduction in energy consumption of 15% by 2020 and 30% by 2030, compared to 2005 levels, overall investments in buildings should be EUR 350–450 million a year or EUR 6.7 billion in total, according to the strategy adopted by the Government of Slovenia, STA said. The document forsees that homeowners […]
World Bank backs energy efficiency project
The environment ministry of the Republic of Srpska said it signed a memorandum of understanding with the entity’s health and education ministries and representatives of 11 municipalities, within an energy efficiency project funded with World Bank’s loans, SeeNews reports. Srpska has been allocated USD 12.8 million (EUR 11.6 million). Project activities include improvements of energy […]
RP Global erects its second wind power plant
Wind power plant at Lisačke Rudine near Croatian coastal city of Dubrovnik was completed. Slobodna Dalmacija newspaper’s portal said the EUR 42.5 million worth system of 12 turbines is finished on September 5. In the words of Bojan Reščec, the head of the facility and of RP Global projekti d. o. o., the technical review […]
Biofuels await regulation in EC member countries
The Energy Community Secretariat published a study on progress in renewable energy in 2013 and 2014 and assessment of renewable energy action plans. Three contracting parties (Bosnia and Herzegovina, Former Yugoslav Republic of Macedonia and Albania) have not adopted an action plan yet. The analysis identified inconsistencies in the data reported with official energy statistics, […]
EBRD funds operations of CEZ Distribuție
The European Bank for Reconstruction and Development said it is supporting the projects of CEZ Distribuție, electricity distribution company in Romania, with a syndicated loan of up to RON 675 million (EUR 153.7 million). The projects refer to the 2015-16 investment programmes in the distribution network aiming at reducing losses; improving efficiency and installing smart […]