Prointer, Elektro-Bijeljina sign EUR 7.5 million contract for smart meters
Banja Luka-based Prointer and power distribution company Elektro-Bijeljina have signed a EUR 7.5 million contract for the supply and installation of smart meters and a remote reading system. Elektro-Bijeljina, a subsidiary of state-owned power utility Elektroprivreda Republike Srpske (ERS), launched tendering for this contract in June. Prointer will deliver 30,000 smart meters, 13,000 boxes for […]
EIB rejected Vinča incinerator project citing EU rules, activists claim
The European Investment Bank decided against funding the incinerator in Vinča over the targets in waste recycling and circular economy that are defined in chapter 27 of the talks about Serbia’s accession to the European Union, according to Don’t Let Belgrade Drown. The finance institution estimated, the initiative’s representatives claim, that it acted in compliance with […]
Procredit Bank Macedonia secures EUR 1 million to finance energy efficiency in households
Procredit Bank Macedonia has secured a EUR 1 million loan from the EBRD for financing energy efficiency improvements of residential buildings, in order to help homeowners reduce greenhouse gas (GHG) emissions and improve the quality of life. Procredit Bank Macedonia will on-lend funds to local households, housing associations and service providers planning to invest in […]
158 MW Čibuk 1, Serbia’s largest wind farm, officially starts operations
Serbia’s largest wind farm, the 57-turbine Čibuk 1, has officially started operations today following a EUR 300 million investment. The wind farm with a maximum capacity of 158 MW generates power to supply 113,000 households and will displace 370,000 tonnes of CO2 emissions per year. Čibuk 1 is one of the wind farms whose output […]
Working group set up for Vojvodina to get first geothermal power plants
A working group to facilitate the development of the first geothermal power plant projects in Serbia’s northern province of Vojvodina has been set up. The working group was established last week at the invitation of the Vojvodina Secretariat for Energy, Construction, and Transport and France’s ES-Geothermie, which offers general contracting services for the development of […]
Elektrokrajina launches three-year, EUR 15 million grid modernization in BiH
Power distribution company Elektrokrajina, a subsidiary of state-owned power utility Elektroprivreda Republike Srpske (ERS), has launched a three-year modernization of the distribution network, worth BAM 30 million (about EUR 15 million) and financed by the European Bank for Reconstruction and Development (EBRD), local media reported. Elektrokrajina is the largest distribution company of ERS, supplying 47% […]
EBRD approves EUR 72.25 million loan for Belgrade’s Vinča landfill project
The European Bank for Reconstruction and Development (EBRD) has approved a EUR 72.25 million loan for the Belgrade’s Vinča landfill project, while arranging a syndicated loan of EUR 35 million for the account of participants. The Bank will also mobilize EUR 21 million in concessional finance funded by TaiwanICDF. The EBRD financing will be part […]
TENDERING: Consulting services to conduct energy audits for 40 public buildings
The Sarajevo Canton has issued a public call for the provision of consulting services to conduct energy audits and detailed design for 40 public buildings. The canton will use a EUR 500,000 grant from the European Bank for Reconstruction and Development (EBRD) grant to finance these services, the EBRD said in a request for proposals, […]