GGF enhances support to Yapı Kredi Leasing
A third senior loan was approved for Turkey’s Yapı Kredi Leasing by the Green for Growth Fund, Southeast Europe (GGF). The institution said it set EUR 20 million for the company’s financing programme for renewable energy production and energy efficient machinery. The subsidiary of Yapı Kredi Bankası holds a strong energy efficiency lending portfolio and […]
Sweden’s assistance helps access to EUR 100 million
The Government of Sweden financed the Environmental Infrastructure Support Programme (EISP) in Serbia with over EUR 4 million. One of the most important results of cooperation is providing necessary infrastructure for prepared projects to be financed from the European Union’s Instrument for Pre-Accession Assistance (IPA) mechanism with EUR 100 million this year, according to a […]
IFC helping Albania develop day-ahead power market
International Finance Corporation said it has signed a memorandum of understanding with Albania’s Ministry of Energy on establishing a domestic day-ahead electricity market. The member of the World Bank Group will advise the government in order to help enable purchasing electricity from and selling electricity to neighbouring countries. It will increase price transparency, and improve […]
Waste management plan undergoing public consultation
The Ministry of Environmental and Nature Protection published the plan for waste management through 2020 for public consultation, ending on June 30. The document improves the policy in line with the concept of circular economy with collection, recycling and composting, according to minister Slaven Dobrović. He added this way Croatia will be able to meet […]
JAC Motors mulls e-car production in Bulgaria
The possibility to build an assembly plant for electric vehicles with locally sourced components is considered by JAC Motors, maker of passenger cars and heavy vehicles. The news was published by Bulgaria’s Ministry of Economy after a meeting with the Chinese company’s officials. JAC sees the Black Sea country as an entry point to European […]
Slovenian capital dedicated the whole of June to energy efficiency
The Dutch city of Nijmegen, chosen to be the 2018 European Green Capital Award, and Ireland’s Galway, which was selected for the 2017 European Green Leaf, were crowned at a ceremony in Ljubljana. The city of ‘s-Hertogenbosch in the Netherlands and Sweden’s Umeå also competed to become the green capital, while Cornellà de Llobregat of […]
Petrol sells stake in Gen-I to Gen-EL
IG energetski sistemi (IGES) d.o.o., part of Petrol Group, agreed to accept EUR 45.1 million for its half of ownership in electricity and natural gas supplier Gen-I d.o.o., headquartered in Krško, in a deal with Gen-EL d.o.o. The transaction will be carried out in two parts: one by the end of this year, following the […]
Vrbas opens ESCO tender for street lighting
Energy service companies, or ESCOs, can apply for a street lighting project as a call for bids filed as 401-1-24/2016 was published by the Municipality of Vrbas in Serbia’s northwest. The move to raise the level of energy efficiency is based on savings in operational costs generated by reduced energy consumption and lower maintenance costs […]