EBRD prepares loan for EPS restructuring for autumn
The European Bank for Reconstruction and Development plans to grant a EUR 200 million loan in autumn to the Electric Power Industry of Serbia (EPS) for financial restructuring, the bank’s country director for Serbia Matteo Patrone told Tanjug agency. The goal is to finally sign a loan contract for EPS restructuring before the year’s end, […]
Energy efficiency overhaul in kindergardens in Plovdiv
The Municipality of Plovdiv intends to use the proceeds of the grant funds provided by the Kozloduy International Decommissioning Support Fund (KIDSF), administered by the European Bank for Reconstruction and Development and its own financing, to implement energy efficiency measures (supply and installation of equipment and materials) in four kindergartens, within the Project for Energy […]
Hidroelectrica targets EUR 300 million profit for 2015
Gross profit of RON 405 million (EUR 91.8 million) was recorded by Hidroelectrica, Romania’s largest electricity producer, in Q1, more than twice the sum from the company’s best year – 2014, when it reported RON 178 million in the first three months, Business-review.eu portal said. The results were due mainly to the high generation, where […]
Elektroprivreda HZ HB earned EUR 20.43 million in Q1
The seven hydropower plants operated by Elektroprivreda HZ HB, one of three national electricity utilities, generated 758.07 GWh in the first three months of this year, 16.45% more than planned, the company said on its website. This public enterprise said it earned BAM 39.96 million (EUR 20.43 million), citing relatively favorable hydrological situation and high […]
Biomass in agricultural production conference announced
The Guarantee Fund of Autonomous Province of Vojvodina and the Provincial Secretariat for Energy and Mineral resources announced the international conference ’Promoting Renewable Energy Sources: Biomass in Agricultural Production’ would take place on May 12 in Novi Sad. Farmers, representatives of relevant institutions and organizations and the general public are not sufficiently informed and aware […]
Bids invitation in Energy Wood II and call for PV systems
Ministry of Economy of Montenegro initiated the implementation of the program Energy Wood II, which aims to establish an attractive and sustainable financial mechanism for providing interest free loans for households for installation of modern biomass heating systems, and announced the invitation for bids for participation, the Directorate for Energy Efficiency said. A public invitation […]
Significant rise in number of electric vehicles, hybrids
The number of electric vehicles in Bulgaria has grown 36%, to a total of 497 between 2012 and 2014, a report on the progress of Bulgaria’s national plan for eco-friendly mobility found. Meanwhile, hybrid vehicles were even more popular, as their number increased with 61%, to 1,031 in total. The report attributes growth to tax […]
HEP pushes projects for electric cars, chargers
National electricity company HEP Group presented new electric vehicles in its fleet to reporters together with the charger network ELEN. The cars were purchased with a subsidy from the Environmental protection and energy efficiency Fund, Croenergo.eu portal said. The system is part of the group’s strategic project eMobilnost, the report said. The operator said it […]