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, […]
TENDERING: Development of hydropower monitoring methodology, protocol for Albania, N. Macedonia
The European Bank for Reconstruction and Development (EBRD) has published an invitation for expressions of interest for the development of a hydropower monitoring methodology and a monitoring protocol in Albania and North Macedonia. The bank said it would select and contract a consulting company. The deadline to file a bid is February 26, according to […]
EBRD lends EUR 58 million for Bajgora – Kosovo’s* biggest wind farm
Israeli-based Enlight Renewable Energy Ltd. secured half of the total required financing for its 105 MW Bajgora wind park in the municipality of Mitrovica. The European Bank for Reconstruction and Development provided the backing in the form of a credit facility for what will be the biggest such facility in Kosovo*. The EUR 58 million […]
EBRD, GCF roll out climate finance line for Serbia’s UniCredit Leasing
The European Bank for Reconstruction and Development said its cooperation with Green Climate Fund and the government of Luxembourg resulted in support for small and medium-sized enterprises (SMEs) in Serbia. Namely, EBRD revealed they secured EUR 20 million for climate mitigation and resilience projects through UniCredit Leasing Srbija Doo. The provider of financial services is […]
