Study identifies misuse of green energy funding
European Union member states in Central and Eastern Europe (CEE), including Romania and Croatia, misspend the bloc’s funds destined to transform the carbon-intensive, inefficient energy systems of their countries, according to the authors of the study Climate’s Enfants Terribles. CEE Bankwatch Network and Friends of the Earth commissioned the document interpreting how the continent’s clean […]
Cyprus, Israel mull models for boosting green energy
A power link between Cyprus, Israel and Greece called the EuroAsia Interconnector would improve the potential of Cyprus and Israel to further develop renewable energy sources (RES), said Eitan Parnass, director general and founder of the Green Energy Association of Israel and secretary of Global Solar Council. At a presentation about green energy and bilateral […]
Project Impact brings funds for circular economy
Snežana Bogosavljević Bošković, Serbian minister of agriculture and environmental protection, Siegmund Müller, director of German Development Cooperation (GIZ) Serbia, and Klaus Schmidt, Impact Project leader, signed an agreement on the implementation of the second phase of the project. In the next three years, EUR 3 million will be invested in five pilot municipalities in areas […]
EBRD working on geothermal energy deals through Pluto
A national financing programme brought three geothermal developers based in the western part of Turkey to talks with the European Bank for Reconstruction and Development, Anadolu Agency’s Energy Terminal reported, quoting Adonai Herrera-Martinez, senior manager in the institution’s energy efficiency and climate change team. He added negotiations with two more firms are expected to start […]
Germany eyes investment in renewables in BiH
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 […]
Sustainable energy facility launch event, awards
The European Bank for Reconstruction and Development, in cooperation with the European Investment Bank, the European Union and the Turkish Ministry of Energy and Natural Resources will promote sustainable energy financing in Turkey through the Mid-size Sustainable Energy Financing Facility (MidSEFF). The launch event will also mark the third stage of financing for MidSEFF, which […]
Green power producers get new compensation decree
Montenegrin Electric Power Company (EPCG) is the qualified buyer of electricity from renewable sources, highly efficient cogeneration and waste, according to a decree adopted by the country’s government. The utility is obligated to provide the compensation, as it is declared a non-budgetary category. The tariff is added to the electricity bill for all consumers and […]
Wise Power rolls out online information-sharing tool
WE Engage, online platform for gathering public support for onshore wind power, was launched by the European Union–funded project Wise Power. Through information and advice the channel enables developers and industry stakeholders to engage with transmission system operators and local communities on permitting and planning. WE Engage tends to lean on best practice for the […]