By 2035 smart grids to be financed with EUR 10 billion
Europe plans to invest EUR 400 billion in smart grids by 2050, while the estimate for Turkey is EUR 10 billion by 2035
Draft scheme hikes solar power tariffs, cuts others
The support plan for renewable energy sources was prepared to be sent to the European Commission’s Directorate-General for Competition, after which public consultations are to be launched, Energy Press reported. The scheme is based on feed-in premiums paired with tenders, along the European Union’s guidelines. Upper limits are to be determined for feed-in for all […]
EU grants support to Albania–Macedonia power link
At the Western Balkans Investment Summit, in the presence of all regional prime ministers, the European Union confirmed its intention to provide a EUR 12 million grant to support construction of the first electricity interconnector between Albania and Macedonia, the European Bank for Reconstruction and Development said on its website. The package will also help […]
Serbia has 970 buildings with energy passport
Central Register of Energy Passports (CREP), created according to best European practice, is the first step of certification of buildings and a significant segment of energy efficiency improvement, according to participants of a thematic event in the Serbian Chamber of Commerce and Industry. There are 970 buildings with an energy passport in the country, while […]
Lawmakers pass environmental set, introduce Green Fund
The National Assembly of Serbia adopted a legislation package regulating the sectors of environmental protection and agriculture, the responsible ministry said on its website. The changes to the Law on Environmental Protection envisage the formation of a budgetary Green Fund, among other solutions. The Law on Waste Management was also amended with the aim to […]
Boosting capacities for GIS, RS in forest management
USAID Macedonia Clean Energy Investment Project, together with the Winrock’s Ecosystem Services Unit experts in geographic information systems (GIS) and remote sensing (RS), organized specialized training through series of workshops on application of GIS and RS techniques in the forestry sector to improve national capacities for calculating reliable and up-to-date information on land changes. The […]
Litostroj sold to Czech investors, beating Končar
Energo-Pro a. s. is taking over Slovenian turbine manufacturer Litostroj Power d. o. o. for EUR 23.5 million, ČIA News reported, quoting spokeswoman Hana Hikelová. Litostroj Power has posted net revenues exceeding EUR 32 million for last year. It signed contracts worth more than EUR 70 million, 58% being in Europe, 20% in America, 13% […]
EBRD sets EUR 500 million more for green energy
At a high-level conference in Istanbul, the European Bank for Reconstruction and Development revealed it will finance sustainable energy in Turkey with an additional EUR 500 million. Under the Mid-size Sustainable Energy Financing Facility (MidSEFF), now totalling EUR 1.5 billion, funds are provided to Turkish banks in the form of loans and capital market instruments for on-lending to private […]
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