GGF to boost energy efficiency in Macedonia with EUR 10 million
The Green for Growth Fund (GGF) has extended its loan to Halkbank Skopje with EUR 10 million to further increase energy efficiency in Macedonia. Energy efficiency measures which will be financed in Macedonia with the GGF loan are projected to result in primary energy savings of almost 50,000 MWh on an annual basis. In addition, […]
Arctic’s warmest year – speed of changes matches biggest pessimists forecasts
The accelerated pace Arctic ice meltdowns is hardly a surprise to the scientific community. Yet the speed of changes taking place matches the forecasts of the biggest pessimists, at the same time becoming subject of concern in the scientific circles. By Vladimir Đurđević, Institute of Meteorology, Faculty of Physics, University of Belgrade Process of the accelerated […]
EBRD opens tender for measuring CO2 emissions in Turkey
The European Bank for Reconstruction and Development (EBRD) opened a tender worth EUR 68.200, exclusive of VAT, for a project to measure carbon dioxide emissions from geothermal areas in Turkey. The main objective is to measure and quantify diffuse CO2 emissions through soil from selected, currently unexploited areas. At least three field measurements will be […]
EPS to invest EUR 4.5 billion by 2025
Elektroprivreda Srbije (EPS) plans to invest EUR 4.5 billion into Serbian electric power system, but renewable energy sources still cannot replace coal as the main source of energy, according to the Serbian public power company’s strategy director. “Coal fired power plants will remain the corner-stone of EPS power production in the coming period, along with […]
Bill Gates: USD 1 billion for scientific breakthroughs in green energy
Bill Gates, a founder of Microsoft and a philanthropist, announced the launch of the fund that will invest more than USD 1 billion in scientific breakthroughs and innovations with the potential to deliver cheap and reliable clean energy to the world. According to Bill Gates, the launch of the fund Breakthrough Energy Ventures (BEV) is […]
SUSI finances GGE’s energy efficiency portfolio in Slovenia
SUSI Energy Efficiency Fund enters the SEE region and finances a major energy efficiency portfolio with GGE in Slovenia. The SUSI Energy Efficiency Fund (SEEF) has acquired a portfolio of energy efficiency projects from GGE d.o.o. (GGE), one of the leading energy service companies (ESCO) in South-East Europe. The transaction is structured as a sale […]
Serbia’s Priboj starts using biomass for public heating
Municipality of Priboj in south-western Serbia has made an important step towards sustainable economy, as one part of its public heating system is now powered by biomass instead of the fossil fuels. The project of heating plant transformation was supported by the Ministry of Agriculture and Environmental Protection and German international development organisation GIZ, all […]
Importance of local communities in the climate-smart development
Helping local communities in fighting against the adverse effects of the climate change is the main aim of a United Nations Development Program (UNDP) project announced at a conference in Belgrade on October 26. The “Climate Smart Development at Local Level in the Republic of Serbia” conference was co-organised by the Serbian Ministry of Agriculture […]