World Bank approves USD 32 million in additional financing for BiH Energy Efficiency Project
The World Bank has approved USD 32 million in additional financing for the Bosnia and Herzegovina (BiH) Energy Efficiency Project, according to a press release from the World Bank cited by the BiH media. Energy efficiency investments under the project refer to retrofits of school and hospital buildings across BiH to secure cleaner and more […]
Solar helps University of Virginia save USD 1 million annually – find out how
The University of Virginia (UVA) has saved USD 1 million per year by using solar power from 1,000 solar panels installed on the roofs of the university, US portals reported, noting that the school is involved in several solar projects with private companies. All of this makes the UVA a leader among high education institutions […]
CGES, KfW sign EUR 20 million loan agreement for Luštica transmission project
Montenegrin transmission system operator (TSO) Crnogorski Elektroprenosni Sistem (CGES) and German development bank KfW have signed a EUR 20 million loan agreement for the Montenegrin Coast: Lustica Region Development. The guarantee for the loan will be secured by the Government of Montenegro, and the collateral for the guarantee will be provided by CGES, in the […]
REIC launches first-ever renewables crowdfunding campaign in BiH
REIC, a Sarajevo-based NGO, has invited citizens to donate money for buying and installing solar hot water panels at mental health asylum Drin in Fojnica, launching the first-ever renewables crowdfunding campaign in Bosnia and Herzegovina. The goal of the crowdfunding campaign is to raise at least BAM 20,000, or USD 15,000, for solar panels that […]
EU approves EUR 243 million package for birds, bats, other projects to protect nature, environment
The European Commission has approved an investment package of EUR 243 million from the EU budget for projects under the LIFE program supporting nature, the environment, and quality of life in Europe’s transition to a more sustainable and low-carbon future, according to a press release from the EU executive. Funds of EUR 196.2 million will […]
Over 3 tonnes of waste cooking oil collected from households in first year of project
Oil and gas company INA has collected more than 3 tonnes of waste cooking oil from buyers and other individuals at its filling stations in Croatia in the first year since launching the new “green” service. Under the project, the collected waste cooking oil is recycled rather than poured down the drains and into the […]
Energy Community report calls on Member States to finish reforms in order to succeed in clean energy transition
The Energy Community (EnC) Secretariat’s Annual Implementation Report concludes that the average implementation score of the Contracting Parties is at around 43%, and underlines the need of finishing this first transition, from foreclosed energy sectors to regionally integrated markets, in order to be successful in the second, green energy transition, which is currently transforming the […]
Slovenian blockchain-based energy trading platform SunContract to expand to Italy
Slovenian blockchain-powered energy trading platform SunContract has recently entered into a strategic partnership with Italian energy company Tecnoapp. Under a cooperation agreement signed by SunContract and Tecnoapp, the parties are to work on the market expansion of SunContract Energy Marketplace and decentralization of the energy market in Italy. SunContract is an energy trading platform that directly […]