Efficiency fund covers up to 80% of project value


September 17, 2015





September 17, 2015




Energy renewal programmes for residential buildings and family houses included 20,000 households and secured work for construction companies and entrepreneurs, according to assistant environment minister Marija Šćulac Domac, real estate portal Domosfera reported. Croatia will soon publish its energy strategy for a low carbon development, she said at Croenergy 2015 – Sustainable Energy Finance and Investment Summit. The event was held as part of the Zagreb Business Summit – Cities and Regions. After 2020 the country will have to meet very demanding targets for lowering greenhouse gas emissions and for enhancing energy efficiency and  share of renewables, Šćulac Domac said.

Sven Müller, head of the Environmental Protection and Energy Efficiency Fund of Croatia, said the institution granted HRK 1 billion (EUR 130.9 million) to citizens and legal persons this year through 15,000 contracts. The projects for energy efficiency were worth EUR 288 million in total, he added. Müller underscored the fund grants 40% to 80% of efficiency and green energy projects value. „This year the fund established cooperation with almost 1,000 companies and more than 300 municipal units, as well as over 15,000 citizens and in that sense we are very satisfied, but we have ambitious plans for further on,“ he stated.

Energy consumption in buildings in Croatia is inefficient, and 80% of buildings does not have adequate insulation nor heating, said Borka Bobovec, assistant minister for construction and spatial planning.

Croenergy was organized by North-West Croatia Regional Energy Agency (Regea) and gathered more than 20 speakers. Examples of succesful investments in sustainable energy use and its financing were presented at interactive panels. The manifestation was supported by the European Federation of Agencies and Regions for Energy and Environment – Fedarene, and attended by representatives of the European Commission and institutional partners of the conference – the European Bank for Reconstruction and Development, European Energy Efficiency Fund and Zagrebačka banka.

Related Articles

dusan zivkovic eps general manager elektroprivreda srbije

Dušan Živković appointed as general manager of Elektroprivreda Srbije

15 June 2024 - The Supervisory Board of the joint stock company Elektroprivreda Srbije has appointed Dušan Živković as the general manager

Rezolv secures EUR 191 million loan for Vifor wind farm in Romania

Rezolv secures EUR 291 million loan for Vifor wind farm in Romania

14 June 2024 - The beneficiary of the loans is First Looks Solutions S.R.L., project subsidiary of Rezolv Energy and Low Carbon

eps transformation plan djerdap 1

Serbia’s power utility EPS adopts Transformation Plan

14 June 2024 - By adopting the Transformation Plan, Serbia has met an important structural benchmark within the framework of the arrangement with the IMF

bulgaria NEK pumped storage hydropower batak dospat

Bulgaria’s NEK gets help to prepare construction of two large pumped storage hydropower plants

14 June 2024 - The pair of new renewable energy sources, named Batak and Dospat, will each add generation capacity of approximately 800 MW