Programme Energy Wood 2 continues
Ministry of Economy said it is implementing a project aimed at establishing a financial mechanism for providing interest free loans for households for purchase and installation of modern biomass heating systems. Citizens have an additional opportunity to apply for interest free loans in following banks: Atlas, Hipotekarna, Hypo Alpe-Adria, NLB Montenegrobanka and Prva banka, according […]
Submarine interconnection helps set energy hub
Peter Sanfey, deputy director of the European Bank for Reconstruction and Development, said investors demand reforms in Montenegro aimed at the rule of law, real estate development and tax policy, with privatization as one of priorities, according to a report by agency Mina-Business. Giulio Moreno, head of the institution’s office in the country, said he […]
Capital Group from Turkey sets EUR 300 million for solar projects
Idris Fatih Şahin, owner of Capital Group AŞ from Istanbul, visited the Foreign Investment Promotion Agency (FIPA) with associates on 10 February, where he talked with director Gordan Milinić and the regional representative of FIPA for Herzegovina Amir Kazić about investment in Bosnia and Herzegovina. Projects of solar energy are worth BAM 300 million (EUR 153.4 million) and those in the […]
Ministry launches refurbishment programme for public buildings
Overall investment in energy efficient refurbishment from 2014 to 2020 are estimated at EUR 3.2 billion, said Klemen Potisek, state secretary in Slovenia’s Ministry of Infrastructure. Presenting the project for energy renewal of public buildings, he underscored European funds for the programme amount to EUR 165 million for the period in grants and subsidized loans. The ministry set […]
Hydro still national priority in strategy for renewables
As Albania’s electricity balance depends on hydrology, the varying amount of rain which later powers hydroelectric turbines, the volatile factor must be taken into account in predictions and strategies for the energy sector, according to Lorenc Gordani, who teaches at Polis University and heads legal issues in the Albanian Renewable Energy Association (AREA). The industry […]
Karpoš municipality invests in geothermal heating
Local authority of a district in the capital city of Skopje extended the project for autonomous heating in primary schools. Stevčo Jakimovski, head of the Municipality of Karpoš, presented the sixth completed system, based on geothermal pumps, in school Vera Ciciviri – Trena. All six facilities were refurbished and got thermal shells and new windows, […]
Power capacity from renewables reaches 5.14 GW
Last year power production in Romania grew 7.8% to 69.37 TWh, according to data from the National Institute of Statistics. Thermal power stations generated 1.65 TWh, a 6.2% increase on the year, hydropower output fell 12.2% to 16.69 TWh, and nuclear units produced 11.64 TWh or 0.3% less than in 2014. Wind turbines contributed 7.05 […]
Croatia, Romania lead region in green energy target quotas
While Cyprus fared very low and Greece was just under European Union average in 2014 by the share of renewables in gross final energy consumption, Croatia reached the highest level in the bloc among the markets followed by Balkan Green Energy News. A publication released by Eurostat revealed the newest EU member exceeded the target of […]
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