EBRD lends EUR 58 million for Bajgora – Kosovo’s* biggest wind farm
Israeli-based Enlight Renewable Energy Ltd. secured half of the total required financing for its 105 MW Bajgora wind park in the municipality of Mitrovica. The European Bank for Reconstruction and Development provided the backing in the form of a credit facility for what will be the biggest such facility in Kosovo*. The EUR 58 million […]
KfW continues to fund energy efficiency in public buildings in Montenegro
Germany’s KfW Development Bank is giving Montenegro a loan of EUR 45 million and a EUR 4.8 million grant for the third phase of the project for energy efficiency in public buildings. On behalf of the government in Podgorica, minister of finance Darko Radunović signed the credit contract while minister of economy Dragica Sekulić inked […]
FBiH provides guarantees for loan for pumped storage plant Čapljina
The agreement on financing and project with Germany’s KfW Development Bank was given the goahead by the Government of the Federation of Bosnia and Herzegovina. The foreign partner is donating EUR 9.5 million for energy efficiency in public buildings and it has secured a EUR 15 million loan for the refurbishment and modernization of pumped […]
Ugljevik testing desulfurization in coal power plant
The RiTE Ugljevik mine and coal power plant has said it switched on its desulfurization system. The facility for the protection from the consequences of burning coal will have a three-month test drive. It was funded by a loan from the Japan International Cooperation Agency, better known as JICA, agreed in 2010. The purifier of […]
Dravske elektrarne Maribor plans EUR 65 million investment in wind farms
Slovenia’s power utility Dravske Elektrarne Maribor (DEM) plans to invest EUR 65 million in three wind farms – Ojstrica, Paški Kozjak, and Rogatec. The installed capacity of the wind farms would be 46 MW with an expected output of 122 GWh per annum. Currently, Slovenia has only two wind turbines, with the production of 6 […]
Cogeneration plant on woodchips, pellets inaugurated in Županja
GEEN Holding AS has said it formally launched its second combined heat and power (CHP) plant in Croatia. The biomass unit in Županja has the capacity of 4.9 MW for electricity and it is equivalent to the Benkovac project, finished last year. The heating portion comes in at 8.5 MW and a maximum of 10 […]
Aluminum plant in Limassol connects 2.5 MW solar power system to grid
President of Cyprus Nicos Anastasiades has inaugurated the biggest roof solar power system in the country, which will meet almost a third of demand at Muskita Aluminium Industries Ltd. The electricity-intensive business put online 6,750 panels with 2.5 MW in total, according to reports in the local media. The power facility in Limassol took up […]
Solar PV panels installed on 108 public buildings in North Macedonia
Solar photovoltaic (PV) panels have been installed on the rooftops of the 108 public buildings under the Government of North Macedonia’s project. The EUR 20.6 million investment is planned to pay off in 7.5 years and reduce CO2 emissions and energy costs. The PV systems were built in 36 municipalities in 68 elementary and secondary […]
