Sixth renewable energy stakeholders’ forum


October 9, 2015





October 9, 2015




USAID Clean Energy Investment Project, Renewable Energy Association within the Chamber of Commerce and the International Finance Corporation’s (IFC) Balkan Renewable Energy Program organized the 6th Renewable Energy Stakeholders’ Forum in Skopje. The forums represent a new mechanism for public private dialogue in the field. They gather stakeholders in the area, including project developers, investors, representatives of relevant ministries, agencies, academia, non-governmental organizations and international donors.

Within the first panel, called ‘Financing and insuring renewable energy projects’, experiences and opportunities for financing and insuring the construction and operation of small power plants in Macedonia and in the region were presented. Representative of the local NLB Tutunska banka stressed positive experiences in financing renewable energy projects, which was decisive for the decision to continue allocating own or funds from the European Bank for Reconstruction and Development for this type of projects. Representatives of Intesa Sanpaolo Bank Albania and the IFC gave the regional financing perspectives, emphasizing the uncertain or incomplete legal framework in the energy sector and the investors’ overestimation of project’s return on investment (ROI) as biggest risks for the creditors. A local insurance expert explained why and what investors should insure.

Second panel, ‘Investments in biogas and biomass as alternative energy sources – potentials and experiences’, focused on the current state of affairs and the potentials of biogas and biomass as alternative energy sources in Macedonia. The initial presentation provided general statistical data and forecast for investments and electricity production. A representative of Elektro Sharri, the first biogas power plant in Macedonia, presented their experience and plans for the future, while a professor from the Forestry Faculty gave an overview of the biomass sector and technology, as well as the issues potential investors have to deal with to enter this market.

Presentations and discussions, as was the case with the previous forums, might lead to taking specific initiatives to improve the legal and regulatory framework for investments in this area.



Related Articles

dusan zivkovic eps general manager elektroprivreda srbije

Dušan Živković appointed as general manager of Elektroprivreda Srbije

15 June 2024 - The Supervisory Board of the joint stock company Elektroprivreda Srbije has appointed Dušan Živković as the general manager

Rezolv secures EUR 191 million loan for Vifor wind farm in Romania

Rezolv secures EUR 291 million loan for Vifor wind farm in Romania

14 June 2024 - The beneficiary of the loans is First Looks Solutions S.R.L., project subsidiary of Rezolv Energy and Low Carbon

eps transformation plan djerdap 1

Serbia’s power utility EPS adopts Transformation Plan

14 June 2024 - By adopting the Transformation Plan, Serbia has met an important structural benchmark within the framework of the arrangement with the IMF

bulgaria NEK pumped storage hydropower batak dospat

Bulgaria’s NEK gets help to prepare construction of two large pumped storage hydropower plants

14 June 2024 - The pair of new renewable energy sources, named Batak and Dospat, will each add generation capacity of approximately 800 MW