KfW signs EUR 1.1 million financing agreement to help prepare Bitovnja wind farm project

German development bank KfW and public power utility Elektroprivreda BiH (EPBiH) have signed a EUR 1.1 million financing agreement for the preparation of the Bitovnja wind farm project, one of the key renewable energy facilities envisaged to be built under the company’s long-term development plan, according to a media release from EPBiH. The funding for […]

200-MW-plus Briska Gora solar project draws three bids

A project to build a solar power plant with an installed capacity of more than 200 MW on the Briska Gora locality has attracted three bids – from a consortium of Finland’s state energy company Fortum and Montenegro’s state power utility Elektroprivreda Crne Gore (EPCG), Chinese-Maltese International Renewable Energy Development Limited (IREDL), and the Montesolar […]

Renewables September 4, 2018

Thousands rally against small hydropower plants on Mt. Stara Planina

An “ecological autonomy” of Mt. Stara Planina will be declared if the authorities fail to put a moratorium on all small hydropower plants (SHPPs) there in the next few days, according to the organizer of a protest that gathered thousands of people in Pirot on September 2, including environmental activists, mountaineers, associations’ representatives, university professors, […]

Renewables September 3, 2018

Slovenia’s Petrol unveils 4.8 MW HPP Jeleč in BiH

Slovenian energy company Petrol has officially unveiled the Jeleč small hydropower plant (SHPP) on the Govza river near Foča in Bosnia and Herzegovina (BiH). The concessionaire invested EUR 6.25 million in the 4.8 MW hydropower plant. Jeleč, a two-turbine plant, is planned to produce between 14 GWh and 18 GWh of electricity annually, which is […]

ELEM plans to build 10 MW solar PV plant

Macedonia’s state-owned electricity producer ELEM plans to build a 10 MW solar photovoltaic (PV) plant adjacent to its Oslomej thermal power plant (TPP). The proposed PV plant project, which has a total estimated cost of EUR 10 million, would be financed by proceeds of a loan from the European Bank for Reconstruction and Development (EBRD) […]

EBRD seeks to put investments that bring environmental benefits at heart of its financing, advisory activities

In her first interview since taking the helm of the EBRD’s regional operations in the Western Balkans, Zsuzsanna Hargitai discusses the international finance institution’s green financing and planned projects in the region. She tells Balkan Green Energy News that the EBRD takes seriously non-governmental organizations’ (NGO) recent reports about hydropower plant financing by its financial […]