Six companies submit applications to install 257 MW of PV plants in Croatia
The construction of seven solar power plants with a combined installed capacity of 257 MW is planned in Croatia, according to applications submitted to the Ministry of Environmental Protection and Energy. The two power plants with a total capacity of 95 MW planned by Croatian power utility Hrvatska Elektroprivreda (HEP) alone would increase Croatia’s total installed solar […]
Grundfos unveils BioBooster wastewater treatment facility in Serbia
Denmark-based pump manufacturer Grundfos has unveiled the BioBooster wastewater treatment facility under a EUR 2 million investment at its plant in Inđija, Serbia, the first location outside Scandinavia to boast the state-of-the-art facility, the company said. The facility in Indjija is working towards a closed-loop scenario, where the Grundfos BioBooster system is a key part […]
Energy Vault – energy storage made of concrete blocks and cranes
Concrete blocks and cranes that is all that you need to store electricity. How? Simple. The crane uses excess energy from renewables to lift concrete blocks, and when the power is required, the crane lifts blocks, and the generator produces it. The process is similar to a pumped-storage hydropower plant (HPP), with water substituted with […]
Syndicated loan for Green Group signals stronger backing for sustainable economy
Green Group, which gathers six Romanian companies specialized in waste collection and recycling companies, has secured Romania’s first syndicated loan signaling the local banking sector’s more significant involvement in the circular economy, local media reported. Green Group will use the EUR 66 million loan to refinance its outstanding loans and finance new projects and development […]
Piraeus Bank joins EUR 650 million EIB green infrastructure investment program
Piraeus Bank has agreed to support a new EUR 650 million infrastructure investment program developed by the Hellenic Ministry of Development and Investments and the European Investment Bank (EIB). Piraeus is the second leading Greek bank to confirm participation with the scheme, after the National Bank of Greece. Piraeus Bank will identify and invest in […]
Croatia’s largest integrated solar power plant for self-consumption unveiled
Genera, the Croatian subsidiary of the UK-based veterinary products manufacturer Dechra Pharmaceuticals, has officially opened the country’s largest integrated solar power plant for self-consumption. The integrated solar renewable energy facility, built under a GBP 1.3 million investment partially subsidized by EU funds, features 5,543 rooftop photovoltaic (PV) panels fitted at Genera’s plant in Sveta Nedelja, […]
Petrol to help T Plus optimize district heating systems in Russia, work with Schneider Electric
Slovenian energy Petrol has signed a memorandum with T Plus Group, Russia’s largest privately-owned heat and power company, to take part in projects to optimize district heating in the regions where T Plus is present, marking the Slovenian company’s entry to the Russian market, according to a press release on Petrol’s website. Petrol brings to […]
North Macedonia spends EUR 182 million on environmental protection in 2018
North Macedonia has spent MKD 11.2 billion (about EUR 181.9 million) on environmental protection in 2018, an increase of MKD 1.2 billion (about EUR 19.5 million) compared to 2017, when these expenditures totaled MKD 10 billion (about EUR 162.4 million). According to data from the State Statistical Office of the North Macedonia, the total environmental […]