News

Programme Energy Wood 2 continues

Published

February 12, 2016

Comments

0

Share

Published:

February 12, 2016

Comments:

0

Share

Ministry of Economy said it is implementing a project aimed at establishing a financial mechanism for providing interest free loans for households for purchase and installation of modern biomass heating systems.

Citizens have an additional opportunity to apply for interest free loans in following banks: Atlas, Hipotekarna, Hypo Alpe-Adria, NLB Montenegrobanka and Prva banka, according to a statement on the ministry’s Directorate for Energy Efficiency. Individual loans range up to EUR 3,500 euros for households, with a maximum repayment period of five years and zero interest rate. Under the Energy Wood 2 programme, 284 heating systems were installed. Around 300 interest-free loans are expected to be used for the purchase and installation of additional number of modern biomass heating systems.

The ministry said in October it received a grant from the Government of Norway in the amount of EUR 240.000 with the aim of implementing project Energy Wood 2, which will provide interest-free loans for purchase and installation of modern biomass heating systems for pellet and briquettes.

Related Articles

Rumen Radev Hydrogen investor becomes Bulgaria s new energy minister

Hydrogen investor becomes Bulgaria’s new energy minister

08 June 2023 - Bulgaria's new Minister of Energy Rumen Radev is a director of Holding Zagora, which participates in the Stara Zagora hydrogen valley project

low carbon strategy serbia

Serbia adopts Low Carbon Development Strategy

07 June 2023 - The most expensive scenario for the country is to ignore the costs related to climate change, the document said

Hidroelectrica-IPO-Bucharest-Stock-Exchange-July

Hidroelectrica to conduct IPO on Bucharest Stock Exchange in July

07 June 2023 - Fondul Proprietatea intends to sell most of its 19.94% ownership of state-owned Hidroelectrica or the entire stake

Albania, Republic of Srpska sign agreements for activating national guarantees of origins registries

Albania, Republic of Srpska roll out registries for guarantees of origin

07 June 2023 - Now they can start issuing GOs and engage in trading in line with EU rules, the Energy Community Secretariat said