EPCG is negotiating with EBRD loan for Gvozd wind farm
Power utility Elektroprivreda Crne Gore (EPCG) is negotiating a loan with the European Bank for Reconstruction and Development (EBRD) to finance the construction of the Gvozd wind farm. At the beginning of September last year, shareholders of EPCG approved the investment in the construction of the 54.6 MW Gvozd wind farm with Austria’s Ivicom Holding. […]
Join EBRD webinar to rethink district energy systems in COVID-19 age
European Bank for Reconstruction and Development (EBRD) is organizing a live session titled “Resilient, low carbon district energy in the age of COVID-19” on June 30. Following the success of the EBRD’s conference on district heating and cooling systems organized in Belgrade last December and the publication of the paper COVID-19: Challenges and opportunities in […]
COVID-19: Challenges and opportunities in the district energy sector
Author: Greg Gebrail, Energy Specialist and Bojan Bogdanović, Fund Manager – Renewable District Energy in the Western Balkans Fund (ReDEWeB), Sustainable Infrastructure Group in European Bank for Reconstruction and Development (EBRD) District energy systems are commonplace in urban centers and district heating is the most common form of heating for urban homes and businesses in […]
PPC begins voluntary layoffs at coal mines with program for 890 workers
The state-owned company PPC managing lignite open pits and thermal power plants in Greece launched the first round of the voluntary layoffs for employees in the fossil fuel business. Workers aged 55 and higher who apply are entitled to compensation of EUR 35,000 each. Minister Kostis Hatzidakis says PPC may let go up to 5,500 […]
Albania’s hydropower plant Skavica to cost up to EUR 510 million
The government expects works on the 210 MW facility to begin next year, after a tendering procedure. Skavica would preserve water upstream on the Black Drin, prevent flooding and boost average output in the rest of the hydropower plant cascade. The feasibility study for the construction of hydropower plant Skavica, planned since the 1960s, has […]
Kosovo* secures additional EUR 11 million for wastewater treatment plant
The Municipality of Gjilan/Gnjilane in Kosovo* has secured another EUR 11 million from the European Investment Bank (EIB) for a wastewater treatment plant. With the loan, the total amount approved for the project is EUR 24.1 million. The investment will improve wastewater management and provide affordable access to water and wastewater services for more than […]
Sarajevo Canton to take out loan for energy efficiency in 40 public buildings
The Sarajevo Canton government has approved taking out an EUR 8 million loan and accepting a EUR 2 million grant for an energy efficiency project in public buildings. The funds will go towards a project called “Energy efficiency in public buildings of the Sarajevo Canton,” whose aim is to improve energy efficiency in about 40 […]
Beo Čista Energija starts drawing EUR 290 million loan for Vinča landfill project
Beo Čista Energija, the joint-venture for the implementation of Belgrade’s Vinča landfill project, has achieved financial close for a EUR 290 million loan to build and operate a 103 MW energy-from-waste facility and a demolition waste recycling unit, allowing the closure of one of the largest dumpsites still active in Europe. The company formed by […]