GGF celebrates ten-year anniversary, EUR 1 billion in climate finance
The Green for Growth Fund said it has marked ten years since establishment. The ceremony in Frankfurt was hosted by its advisor Finance in Motion, GGF added. It also pointed out its green finance portfolio reached EUR 1 billion. The number of clients in Southeast Europe, the Caucasus, the Middle East, and North Africa surpassed […]
Serbia to turn its electricity giant EPS into joint stock company
Citizens may get 15% of Elektroprivreda Srbije or EPS this year as the Government of Serbia plans to change its status from a public company to a joint stock company. It informed the International Monetary Fund in a letter of intent that it is transforming the power producer with the help of the European Bank […]
Admie includes Northeast Aegean EUR 935 million cable in ten-year plan
Greece’s transmission system operator announced its network development budget would have a segment covering the Northeast Aegean region by 2030. The state-owned company now intends to include the islands in operations interconnecting the Dodecanese with the mainland grid. According to Manos Manousakis, the Northeast Aegean project brings “significant environmental benefits” and enables stronger integration of […]
SHPP license abolished in Paraćin; Užice to shelve all 18 plans
The Department for Property and Legal Affairs of the Municipality of Paraćin has annulled the decision to approve the building license for small hydropower plant Grza on the river of the same name. The news was published by organization ‘Odbranimo Grzu’, which means defend the Grza. It had initiated the repetition of the process in […]
Metro Bulgaria equipping supermarket roofs with solar power plants
Three retail units in total out of 11 will have photovoltaic arrays on top of them, Metro Cash and Carry Bulgaria Eood announced at the opening of its first roof power generation system. The project was launched with the installation of over 1,360 panels or 423 kW in Blagoevgrad, in the country’s southwest. Chief executive […]
PPC Renewables to add 1.5 GW in solar including on former coal mines
The Regulatory Authority for Energy revealed Greece’s dominant power producer is already taking steps in line with its recently published five-year plan. PPC Renewables SA, tasked with Public Power Corp. SA’s envisaged energy transition, filed applications for photovoltaic units with a total capacity of 1.5 GW. The ambition is to add 1 GW by 2024 […]
Energy transition is region’s development opportunity, experts say in REPCONS survey
The energy transition is a development opportunity for the region, and the key factors for its implementation will be the European Union’s influence on local politicians as well as the downward trend in costs for wind and solar photovoltaic (PV) power plant technology, according to experts from Bosnia and Herzegovina, Montenegro and Serbia. They expressed […]
Public consultations on low carbon development strategy last until late January
The Government of Serbia said it started the public consultation process for the proposition of the strategy of low carbon development with an action plan as well as for the draft report on the strategic assessment of the impact of the proposition on the environment. Following a meeting of the cabinet’s Committee on the Economy […]