Germany eyes investment in renewables in BiH


January 25, 2016





January 25, 2016




Nermin Džindić, minister of energy of the Federation of Bosnia and Herzegovina, met Christian Hellbach, ambassador of Germany, and Frank Werner, first secretary and chief of the economic department of the embassy. Hellbach said his country is primarily interested in investment in renewable energy sources, energy efficiency and cogeneration. The talks ended with a conclusion that KfW Development Bank has a EUR 300 million fund which could be used, the government said on its website.

Džindić said legislation in the area of energy is one of the preconditions for investment in the sector. The conclusion of the meeting was that the European Union’s Third Energy Package must be implemented, including a set of obligations towards the Energy Community for further liberalization of the domestic market of electric power and gas. Hellbach promised to request more engagement by the Energy Community in the direction of harmonization of laws in BiH with EU directives. Džinić and Hellbach said they will initiate a meeting with KfW about technical support and joint projects.

Related Articles

Kosovo measure wind potential auctions public projects

Kosovo* to measure wind potential for auctions, public projects

02 March 2024 - Kosovo* is about to measure wind potential to present the data to foreign investors or develop public projects

Nikšić from solar and wind can produce enough electricity for the entire Montenegro

Solar, wind parks around Nikšić could power entire Montenegro

01 March 2024 - Solar and wind power plants in optimal locations in Nikšić could cover the electricity consumption of all households in Montenegro

dodik buk bijela hydropower montenegro mandic

Republic of Srpska offers Montenegro to join Buk Bijela hydropower project

01 March 2024 - President of the Republic of Srpska Milorad Dodik offered to Montenegro to join the construction of the Buk Bijela hydropower plant

Serbia to couple electricity market with EU by 2026 SEEPEX stojcevski

Serbia to couple electricity market with EU by 2026 – SEEPEX

01 March 2024 - Coupling will make it easier for the industry, as a consumer, and power producers to enter the electricity market