Croatia provides incentives for improving energy efficiency and use of renewables in enterprises
Croatia has provided incentives for improving energy efficiency and increasing the use of renewable energy sources in manufacturing and private service sectors. The new state aid program for the promotion of energy efficiency and use of renewables in enterprises has recently come into effect in this EU member state. The Croatian Ministry of Environmental Protection […]
IFC, Unicredit, FMO and GGF provide loans for Elicio’s Alibunar wind farm
International Financial Corporation (IFC), a member of the World Bank Group, will support the construction of Elicio’s Alibunar wind farm in Serbia with EUR 19,1 million loan. The IFC announced that the Unicredit Bank, Netherlands Development Finance Company (FMO) and Green for Growth Fund (GGF) have agreed to provide loans worth EUR 40 million for […]
Call for consultancy services to upgrade energy efficiency in Ionian Adriatic macro-region
The European Commission has published a call for consultancy services in the field of energy efficiency and renewables that will help reduce energy poverty in the Ionian Adriatic macro-region. The project’s aim is to provide a blueprint for making building renovations easier as well as increasing the energy share of renewables to 100% in the […]
Montenegrin government issues operating permit for Krnovo wind farm
The Montenegrin Ministry of Sustainable Development and Tourism issued an operating permit late in August 2017 for the Krnovo wind farm which started tests of its wind turbines in May this year. The Krnovo wind farm is a EUR 120 million investment which led the Montenegrin authorities to decide to raise subsidies for electricity from […]
EUR 9.8 million for construction of wind park Malibunar in Serbia
UniCredit Bank Serbia and Electrawinds Mali WF, a Serbian subsidiary owned by Belgian Elicio NV, has signed a long-term financing agreement in the total amount of EUR 9.8 million for the development, construction and operation of the Malibunar wind park. On August 31, the first debt disbursement took place, in the amount of EUR 3.2 […]
Slovenia launches procedure to allocate incentives for electricity generation from renewables and CHP
Slovenian Energy Agency has published a public call for the selection of projects eligible to receive incentives for electricity production from renewable energy sources and high-efficiency co-generation (CHP) facilities. Projects of new, mainly new and renewed facilities that produce electricity from renewable sources or high-efficiency co-generation (CHP) are entitled to participate and apply for support. […]
American Chamber of Commerce in Serbia establishes Energy Committee
The American Chamber of Commerce in Serbia (AmCham) has established the Energy Committee with aim to promote dialogue on improving the energy regulatory framework and its implementation. Several companies from Europe and Serbia are also members of the committee. AmCham representatives informed Serbian Minister of Mining and Energy Aleksandar Antić about the formation of that […]
Montenegro’s Možura wind farm changes owners again
The Montenegrin government has approved another change of ownership for the 90 percent share of the company building the Možura Wind Park from the Enemalta plc to the Malta Montenegro Wind Power JV Ltd. This is the second time that the owner of that company has been changed, the media in Podgorica reported, adding that […]