Procredit Bank Macedonia secures EUR 1 million to finance energy efficiency in households
Procredit Bank Macedonia has secured a EUR 1 million loan from the EBRD for financing energy efficiency improvements of residential buildings, in order to help homeowners reduce greenhouse gas (GHG) emissions and improve the quality of life. Procredit Bank Macedonia will on-lend funds to local households, housing associations and service providers planning to invest in […]
44 bids submitted for solar power plants on private land in North Macedonia
A total of 44 bids have been submitted for the construction of 27 MW solar power plants on private land, the Ministry of Economy of North Macedonia said on its website. Together with bids for solar power plants on state land, a total of 126 bids have been submitted for 62 MW of installed capacity. […]
North Macedonia’s ESM to subsidize purchase of inverter air conditioners with EUR 10 million
North Macedonia’s state-owned power company Elektrani na Severna Makedonija (ESM) has set aside EUR 10 million in subsidies for the purchase of inverter air conditioners as part of the government’s Clean Air Plan, Prime Minister Zoran Zaev has announced. ESM has set aside the EUR 10 million for the first program phase, with 10,000 households […]
North Macedonia’s ESM signs two contracts for Bogdanci wind farm expansion
North Macedonia’s state-owned power producer Elektrani na Severna Makedonija (ESM), formerly ELEM, has signed two contracts on the Bogdanci wind farm expansion with a consortium of Germany’s Fichtner and North Macedonia’s Geing. The contracts for the Bogdanci wind farm, North Macedonia’s first wind farm, were signed by Vasko Kovachevski, CEO of ESM, and Elena Cekulaeva, […]
North Macedonia spends EUR 182 million on environmental protection in 2018
North Macedonia has spent MKD 11.2 billion (about EUR 181.9 million) on environmental protection in 2018, an increase of MKD 1.2 billion (about EUR 19.5 million) compared to 2017, when these expenditures totaled MKD 10 billion (about EUR 162.4 million). According to data from the State Statistical Office of the North Macedonia, the total environmental […]
82 investors seek to build solar power plants on state land in North Macedonia
Tendering for the construction of solar photovoltaic (PV) power plants with a combined installed capacity of 35 MW on state land, backed by feed-in premiums approved by the Government of North Macedonia, has attracted strong interest among investors, with a total of 82 domestic and foreign companies submitting bids, according to the Ministry of Economy’s […]
North Macedonia’s ESM gets KfW’s donation for Bogdanci wind farm expansion
German development bank KfW has allocated MKD 10 million (about EUR 162,500) to North Macedonia’s state-owned electricity producer Elektrani na Severna Makedonija (ESM – formerly ELEM) for updating an environmental impact assessment study and securing other consulting services for an expansion of the Bogdanci wind farm. The second phase of the Bogdanci project envisages an […]
North Macedonia to introduce reverse vending machines for beverage containers
North Macedonia will soon be catching up with the global trend of waste recycling through deposit refund schemes as local packaging waste management firm Pakomak is preparing to install the country’s first reverse vending machines for plastic bottles and aluminum cans. In exchange for deposited beverage containers, the machines will issue “green points” that can […]
