Study: legislation improves development of renewables
Partial implementation of the national law on renewable energy has been one of the main factors why interest for investments in the energy sector has been focused only on small hydropower plants, according to a study published by the Albanian Centre for Energy Regulation and Conservation – ACERC. The summary report finds the implementation level […]
Cretan interconnection plan scaled back
The Independent Power Transmission Operator (IPTO or Admie SA) cut back on the scale of its interconnection plan intended to link Crete with the grid serving the wider Athens area and, for the time being, will connect the island as far north as the Peloponnese, according to sources of Energy Press portal. The operator is […]
PPC eligible for compensation from Admie’s split
The agreement for Independent Power Transmission Operator (Admie SA) clearly states the need for the Public Power Corporation SA (PPC) to be compensated, according to the environment and energy minister Panos Skourletis, who gave an interview to newspaper Agora, Greek Reporter said. “We have agreed for an independent appraiser to determine the exact amount of […]
Erste gets EBRD’s line for MSMEs and energy efficiency
The European Bank for Reconstruction and Development said it is providing Erste & Steiermärkische Bank d.d. (Erste Bank Croatia) with funds to increase its support to micro, small and medium-sized enterprises (MSMEs) and to promote energy efficiency investments in the residential sector. A EUR 20 million credit line will be extended to enable the bank […]
GGF sets USD 11 million credit line for Odeabank
Projects of wind and geothermal energy as well as, increasingly, in the photovoltaic sector are in the focus of a new package secured by Green for Growth Fund, Southeast Europe (GGF) for Odeabank. The Istanbul-based financial institution plans to finance mainly renewable energy with the loans worth a total USD 11 million (EUR 10.16 million). […]
Teslianum promotes Energy Development Strategy
Energy innovation center Teslianum is implementing project Scientia – Small Cities Energy Efficient Territorial Innovative Action, funded by the EU through another large project: Advocacy NGOs Networks for Sustainable Use of Energy and Natural Resources in the Western Balkans and Turkey – Etnar. Teslianum has been promoting its publication entitled ‘Energy Efficiency – Multiple Benefits and […]
GIZ implements eight energy efficiency projects in BIH
As part of the regional project Energy Efficiency in Municipal Associations (EeMA), implemented through the Open Regional Funds for South-East Europe – Energy Efficiency (ORF-EE) and Modernization of Municipal Services (ORF-MMS), the German Development Cooperation (GIZ) implemented eight energy efficiency pilot projects across Bosnia and Herzegovina (BiH) in November and December. The improvement of energy […]
AFK boosts energy efficiency with EBRD’s credit line
The European Bank for Reconstruction and Development is supporting energy efficiency by providing a loan increase of up to EUR 1 million to the Agency for Finance in Kosovo* (AFK), a microfinance institution. The fresh funds will be added to the current EUR 500,000 energy efficiency loan, extended under the Kosovo Sustainable Energy Projects Framework […]
