Energy transition in Croatia: five examples of good practice
Energy transition has long become a reality all over the world, and this region is no exception. However, in this part of the world, the necessity to produce energy from renewable sources instead of fossil fuels, as well as the possibility for each of us to produce green energy for own consumption, is very often […]
CE Oltenia plans to slash CO2 emissions by 38%, but keep investing in coal
Romania’s ailing state-run electricity producer Complexul Energetic Oltenia (CE Oltenia) has drawn up a 2021-2026 restructuring and decarbonization plan that entails gradually reducing coal power production and developing renewable energy sources, with a target to cut CO2 emissions by around 38%. The plan includes EUR 1.5 billion in investments. CE Oltenia, the second-biggest electricity producer […]
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 […]