Germany inks EUR 40 million loan for energy sector
The Government of Albania reached a loan agreement with the German government for a project that aims to increase efficiency in the energy sector, Invest in Albania portal reported. The EUR 40 million loan will be allocated by a German bank, official sources say. Efficiency in the energy sector programme consists of improving the aspect […]
Fourteen companies exempt from green certificates
After the Government of Romania approved an aid scheme last year, to help large industries cope with the growing cost of energy from renewable sources, this year fourteen companies are exempt from paying for the full green certificate. They will pay 40% to 85% less than normally for green certificates, based on energy consumption, Economica.net […]
Partnership set for developing solar power plants
Armand Group, a Romanian renewable energy operator, said it signed an agreement with Green Tech Ltd., a specialized British company, for the finance and development of solar photovoltaic projects below 500 kW capacity that will benefit from the new solar feed-in tariff expected to be applied this year in the country. With British finance and […]
Investment depends on government taking share of risk
Out of initial 15 thermal plants, only the ones in Nova Varoš, Prijepolje, Mali Zvornik and Priboj will switch to biomass, in a project funded by KfW Development Bank, Miloš Banjac, assistant minister for mining and energy, said at the Energy Day conference. The project’s value has thus come down to EUR 20 million, Banjac […]
Vojvodina funds energy efficiency projects
Nenad Stanković, energy and mining secretary in the Government of the Autonomous Province of Vojvodina, held a press conference to present two public calls. One is for applications for grants in projects of energy efficiency upgrading in public buildings. The secretariat’s budget funds the programme with RSD 115 million (EUR 0.95 million), the provincial government’s […]
CERB overhauls biggest hydro station in Albania
Bulgarian company Centralna Energoremontna Baza EAD (CERB) announced that it has embarked on a project for overhauling Albania’s biggest hydropower plant – the Koman, Publics.bg portal said. The project is worth BGN 1 million (EUR 510,000) and was commissioned by the Albanian state-owned electricity company KESH. CERB is participating as contractor of Austria’s Andritz Hydro, […]
Energy efficiency upgrading its market role
Acknowledging energy efficiency’s place as the „first fuel” is a significant step forward, says one of the key messages in a publication named ‘Energy Community – Tapping on its Energy Efficiency Potential’. Energy efficiency markets deliver goods and services that reduce the energy required to fuel our economies, the document said. Another point is that […]
Monsson operates in 20 countries on four continents
Projects of over 2.4 GW, out of which over 1 GW have been already built and operational, have been developed under Monsson Group in Romania. The company said it expanded its operations in 20 markets in the past two years and reached 500 employees on four continents. In a press release, the company added it […]