Electricity bill collection rate drops up to 30%, utilites ask for loans
The drop in the electricity bill collection rate ranged from 10% to 30% in March in most of the contracting parties of Energy Community, with Kosovo* and North Macedonia being the most affected, while data for this month show a further sharp decline. In the meantime, state power utilities in Albania, Montenegro, and Serbia are […]
EPS seeking project supervision service for overhaul of old small hydropower plants
EPS launched a public call for oversight services for a group of seven small hydropower plants built between 1903 and 1953. The project is financed with a loan provided by the EBRD and EPS’ own funds. Serbia’s state-owned public enterprise Elektroprivreda Srbije – EPS intends to reconstruct and modernize 15 small hydropower plants commissioned 117 […]
EBRD supports Western Balkans in decarbonizing district heating and cooling systems, improving energy efficiency in buildings
Renewable energy sources can be used in district heating and cooling systems without increasing citizens’ energy bills or heating plants’ and local governments’ costs, while at the same time significantly contributing to the quality of the environment, primarily by reducing air pollution, says Bojan Bogdanović, Principal Fund Manager for Renewable District Energy in the Western […]
Hidroelectrica should look into Black Sea offshore wind potential, minister says
Romania’s acting economy and energy minister Virgil Popescu has said the country’s state-owned hydropower producer Hidroelectrica should consider tapping the Black Sea offshore wind potential, local media have reported. No studies of he Black Sea offshore wind potential have been done so far, and the idea has not been publicly debated, although there is potential, […]
Sparkasse Bank Makedonija secures EUR 2 million under GEFF for green buildings
Sparkasse Bank Makedonija has secured a EUR 2 million loan from the European Bank for Reconstruction and Development (EBRD) under the Green Economy Financing Facility (GEFF) program to support investments in high-performance green technologies in privately owned buildings in North Macedonia. The agreement on loan was signed by Gligor Bišev, Chairman of the Management Board […]
SET 2020 – Region gathers in Trebinje to discuss energy transition
The gathering of leading energy experts from the Balkans and Europe, as well as decision makers from governments in the region, will showcase the pace of the energy transition and the potential of investments in renewables. The event is scheduled for March 5 and 6 in Trebinje. The Trebinje Energy Summit – SET 2020, under […]
Energoinvest, Končar to construct first N. Macedonia-Albania power line, new substation
North Macedonia’s transmission system operator (TSO) MEPSO has signed deals for a new 400 kV line to connect the country with Albania, a new 400/100 kV substation near Ohrid and an extension of Bitola 2 substation. Contracts worth EUR 35 million were awarded to Bosnia and Herzegovina’s Energoinvest and Croatia’s Končar. The new line will […]
Sarajevo gets EUR 35 million in loans for greener public transport
The Ministry of Finance and Treasury of Bosnia and Herzegovina and the EBRD have signed two loan agreements supported under the lender’s Green Cities program for public transport in Sarajevo. The investments will help Sarajevo, one of the cities that have the most polluted air not only in the region but in the entire world, […]