50 contractors eye Skopje wastewater treatment plant project
Around 50 companies have expressed interest in designing and building a wastewater treatment plant in the North Macedonian capital Skopje, a EUR 136 million project aimed at addressing the pollution and poor quality of water in the River Vardar. The project will be financed through EIB and EBRD loans The wastewater treatment plant project is to be […]
PPC, EPCG get EUR 210 million in loans to absorb coronavirus challenges
State-owned power utilities from Greece and Montenegro – Public Power Corporation (PPC) and Elektroprivreda Crne Gore (EPCG), have secured loans in the amount of EUR 210 million to absorb the challenges presented by the coronavirus pandemic. The loans, approved by the European Bank for Reconstruction and Development (EBRD), will enable the companies to continue to […]
EBRD may lend EUR 9.75 million to KESH for floating solar power plant
Albania’s state-owned power producer may cover most of the cost for its hybrid power plant project with debt. EBRD targets October 21 for the approval of a secured loan of EUR 9.75 million for a floating photovoltaic system on the reservoir of the Vau i Dejës hydropower plant owned by KESH. The European Bank for […]
Energy Community, EBRD publish policy guidelines on financing mechanisms for energy efficiency
The Energy Community Secretariat and the European Bank for Reconstruction and Development (EBRD) have prepared policy guidelines to help contracting parties to design and establish effective centralized financing mechanisms to boost energy efficiency investments. According to the recently published Energy Transition Tracker, the energy-saving measures could lead to additional investments worth EUR 2.5 billion in […]
CINS: Official air quality monitoring data for Serbia are unreliable
Some automatic stations that measure air pollution in Serbia were out of service for years and others recorded partial or unreliable data amid a lack of funding. The state lowered reporting standards since the system was rolled out ten years ago. The capacity of domestic automatic monitoring stations has been decreasing since 2010, when they […]
Hoti: 105 MW wind park Bajgora in Kosovo* to come online by April
Enlight’s wind park Bajgora is scheduled to be finished in April, Kosovo’s* Prime Minister Avdullah Hoti said at the construction site during his visit with Ambassador of Germany Christian Heldt. The 105 MW project consists of 27 turbines. Prime Minister of Kosovo* Avdullah Hoti has visited the future site of a wind farm in Selac […]
EBRD, UniCredit Leasing support Serbian SMEs transition to green economy
The European Bank for Reconstruction and Development (EBRD), the Green Climate Fund (GCF) and the Government of Luxembourg are supporting small and medium-sized enterprises (SMEs) in Serbia. Financing of EUR 20 million is available through UniCredit Leasing Serbia for investments in climate and green economy projects. GEFF Serbia Leasing is the EBRD’s financing facility of […]
EBRD webinar: Green and resilient go hand in hand in district energy
In most countries where EBRD is active, the pandemic struck when the winter was ending, so the consequences could have been much worse. Experts say green and resilient in district energy are not conflicting options and that focusing on efficiency alone instead of lifting the share of renewables brings the risk of running out of […]