GIZ presents study on switch to biomass in Kragujevac

Business innovation centre Kragujevac hosted the meeting of officials of Serbia’s fourth-largest city with representatives of the Development of a Sustainable Bioenergy Market in Serbia (DKTI) programe, implemented by GIZ. Persons responsible for energy management in local authorities of Vrbas, Pirot and Užice were also present. Participants saw the presentation of a feasibility study for […]

EBRD providing green funds to UniCredit for on-lending

UniCredit Bank a.d. Banja Luka may be granted a EUR 5 million senior loan under the Western Balkans Residential Green Economy Financing Facility (GEFF) for on-lending to residential sector for green economy investments in Bosnia and Herzegovina, the European Bank for Reconstruction and Development said in the project summary. The target board date is May […]

EBRD considers providing EUR 50 million loan for wind farm Kovačica, Serbia

The project for the construction of 104.5 MW wind farm Kovačica in Vojvodina, Serbian northern province,  reached important milestone: European Bank for Reconstruction and Development (EBRD) officially launched the procedure to consider approval of the EUR 50 million loan to Electrawinds K-Wind d.o.o., a company developing the project. Loan approval decision will be made on the […]

World Bank to support Albania’s energy projects further

The World Bank is eager to help Albania address constraints and overcome challenges in making the energy sector competitive and efficient and expanding integration with neighbours, the organization’s eight executive directors told the government in Tirana, headed by prime minister Edi Rama. The two-day visit organized at the end of last month as part of […]

EU funds back sustainable energy development in Slovenia

The Ministry of Infrastructure in Ljubljana placed invitations for projects of energy rehabilitation of buildings in the public sector and for co-financing of wind power endeavours and small hydropower plants. The total amount of financial support for sustainable energy development will reach EUR 25.7 million. Slovenia will select contractors and beneficiaries of the European Cohesion […]