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 […]

Future of renewables in Croatia

Authors: Marija Mušec, Partner and Mia Kanceljak, Attorney-at-Law, at Law Firm Bardek, Lisac, Mušec, Skoko d.o.o. in cooperation with CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH  In December 2018 the Croatian Parliament adopted the amendments to the Renewables Act and the Government adopted two implementing regulations, which jointly apply as of 1 January 2019 (“2019 Amendments”). In […]

Renewables February 26, 2019

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 […]

Renewables February 25, 2019

Western Balkan countries once again commit to clean energy development, as EU warns them about hydropower

Western Balkan countries are renewing their vows to switch to clean energy sources under joint statements and declarations. However, the EU is calling for caution when it comes to hydropower, warning that the construction of hydropower plants (HPPs) must be in line with the sustainable development principles and the future EU requirements for countries in […]

Renewables February 22, 2019