Serbian building firm on path to green growth with new high-efficiency equipment
Serbian construction company Karin Komerc MD has taken a significant step towards green growth by investing in new, high-efficiency equipment. The achieved cuts in energy and water consumption, reduced CO2 emissions, as well as financial savings, demonstrate the great potential of the construction industry to reduce its environmental footprint and take an active role in […]
Enery BG 1 plans to build 400 MW solar power plant in southern Bulgaria
Austrian-owned Enery BG 1 Ltd. plans to build a solar power plant in the municipality of Haskovo in southern Bulgaria, with an installed capacity of 400 MW. The intention is for Enery BG 1’s photovoltaic (PV) power plant to span a total area of some 400 hectares. Its projected annual output is 560 GWh of […]
Carbon prices jump in EU, taking industrial pollution costs to 14-year high
Expenses for greenhouse gas emissions at factories and energy producers briefly surged to a level unseen since 2016. As the EU tightens environmental regulations and polluters are suffering from rising carbon costs, green technologies are becoming more profitable. Uncertainty and the lockdown measures throughout the world to curb the spread of the coronavirus devastated the […]
GGF, Yapı Kredi Leasing support renewables in Turkey with loan package of EUR 20 million
The Green for Growth Fund – GGF invested in Turkey’s Yapı Kredi Leasing for the fourth time. The senior loan of EUR 20 million is primarily intended for rooftop solar installations at industrial facilities. The Green for Growth Fund (GGF) said it provided a senior loan of EUR 20 million to Yapı Kredi Leasing, based […]
HEP ESCO to replace public lighting in Osijek with LED lamps
HEP ESCO, subsidiary of Croatian state power utility Hrvatska Elektroprivreda (HEP), has started a public lighting reconstruction project in the city of Osijek, during which 11,086 LED lights will be installed. The new ESCO/EPC model will enable an annual decrease in electricity consumption for public lighting by 7.5 million kWh and the investment of HRK […]
Region must take energy transition planning back into its own hands
The European Union and the Energy Community are preparing big decisions for the energy sector of the region, decisions that the region itself knows very little about. This, according to Professor Mirza Kušljugić of the Faculty of Electrical Engineering at the University of Tuzla, means that the region has handed the strategic planning of its […]
When shit hits the fan
Author: Maja Pokrovac, Managing Director at Renewable Energy Sources of Croatia (RES Croatia) Now it is clear to everyone – the world has literally and drastically changed overnight. A viral pandemic that has hit all of humanity has shown just how sensitive the global economy really is, and when the going gets tough, it becomes […]
Wakeup call for the Western Balkans
Author: Janez Kopač, Director of the Energy Community Secretariat Fifteen years ago, the Energy Community was established as the principal tool to integrate the energy sectors of non-EU countries into the single European energy market. Wave by wave, the Energy Community Contracting Parties took over key EU acquis communautaire in the energy sphere. In the […]