News

EBRD launches Reenova+ in Croatia

Published

May 5, 2016

Comments

comments icon

0

Share

Published:

May 5, 2016

Comments:

comments icon

0

Share

The European Bank for Reconstruction and Development is starting a EUR 60 million facility for financing energy efficiency improvements in Croatian homes and households.

Loans under the new Reenova+ financing facility will be extended by partner financial institutions, the bank stated on its website. Erste & Steiermärkische Bank d. d. is the first that joined the programme and additional partners are expected to follow in the next few months, EBRD added.

Loans under the new Reenova+ Financing Facility will be extended by partner financial institutions.

The new facility will finance the installation of energy efficient windows, the insulation of walls, roofs and floors, and the introduction of efficient boilers, solar water systems, heat pumps or home appliances, the statement said. Depending on the measures implemented, homes will typically maintain better thermal comfort and become warmer, so households will be able to substantially reduce energy bills, according to the plan. Modern energy efficient technologies extend the lifespan of buildings, provide comfort, and increase the property value, the bank stated.

The new Reenova+ Technology Selector is aimed at achieving the benefits. The online selection tool contains a range of preapproved technologies, which will save at least 20% energy against the Croatian market average, the press release added. The Technology Selector also provides an opportunity for equipment vendors to promote their products. Additional vendors and manufacturers are invited to join. In support of expanding the supply base for energy efficient technologies in Croatia, manufacturers, retailers and installers of such technologies can take a Reenova+ loan (via partner institutions) in order to expand their supply and service range and ultimately to enhance their service to Croatian households, EBRD said.

Related Articles

international day of zero waste

International Day of Zero Waste 2025: reducing fashion and textiles waste

29 March 2025 - International Day of Zero Waste aims to draw attention to the negative impacts of waste and encourage global action at all levels.

ja solar Borussia Dortmund signal iduna park

Largest solar power plant on football stadium to be installed at Signal Iduna Park

28 March 2025 - The home of Borussia Dortmund is set to become the site of the world's largest solar power plant installed on a stadium roof

Sungrow ESS Experience Day Munich accelerating sustainable future Europe

Sungrow ESS Experience Day Munich: accelerating to a sustainable future for Europe

28 March 2025 - Experts from across Europe exchanged thoughts at ESS Experience Day in Munich on the role of energy storage systems for grid support and the energy transition

Greece first solar panel recycling machine Crete

Greece’s first solar panel recycling machine installed in Crete

28 March 2025 - Greek company Katheris said it installed the country's first solar panel recycling machine. It's one of few such endeavors in the region