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 […]
EBRD steps up financing green economy transition
The European Bank for Reconstruction and Development pledged to scale up its contribution to the global fight against climate change with a sharp increase in green financing over the next five years. The announcement came two months before the United Nations Conference on Climate Change (COP21) in Paris, set to seal an international climate agreement […]
LED lighting, solar-powered irrigation funds granted
Provincial Secretariat for Energy and Mineral Resources of Vojvodina said it decided on applications for grants to co-finance projects for utilizing solar energy in irrigation systems and for energy efficient lighting in municipalities and cities. The funds for irrigation are intended for registered farms in Serbia’s northern province and can be used for purchasing new solar-powered […]
BDI-designed biodiesel plant may get funding from EIB
The European Investment Bank said it is considering financing a multifeedstock biodiesel plant developed by Biom d. o. o. from Zagreb. The planned facility of 100,000 tonnes (30 million gallons per year) could receive EUR 38 million. The plant will be built by Austria-based BDI – BioEnergy International AG. The bank said the overall cost […]