Akfen commissions first of four wind farms slated for completion in 2019
Akfen Renewable Energy, the renewables arm of Turkey’s Akfen Holding, has put into operation the first of four wind farms planned to go on stream in 2019. The 26 MW Kocalar wind farm became operational last week, according to reports. The Kocalar wind farm will meet the electricity demand of 120,000 consumers annually, according to […]
Financing agreement signed to build new CHP plant, resolve Zenica’s top polluter
A financing agreement has been signed for a EUR 53 million project to build a combined heat and power plant (CHP) to use recovery gases from the steelworks in Zenica, instead of coal burned by the current boilers. The project is expected to resolve the city’s district heating issues, as well as to significantly cut […]
EBRD organizing public consultation on good governance policies in Belgrade on February 28
The European Bank for Reconstruction and Development (EBRD) is organizing a public consultation on its good governance policies – the Environment and Social Policy, the Public Information Policy, and the Project Complaint Mechanism Rules of Procedure – in Belgrade, Serbia on February 28, the Bank has announced. The EBRD’s three major good governance policies are […]
Government of Macedonia announces tendering for solar power plants, wind farm
The Government of Macedonia has announced tendering for the construction of solar power plants with a combined capacity of 200 MW in February, and for premiums for a 50 MW wind farm by the end of the year, while state power utility ELEM has secured financing for the construction of a 10 MW Oslomej solar […]
KESH adopts climate risk management plan
Albania’s state-owned power utility KESH, whose production is almost entirely dependent on hydropower plants (HPP), has adopted its first climate risk management plan, a strategic approach to address the challenges posed by rising temperatures and increasing hydrological variability. KESH operates a 1,350 MW hydropower cascade on the Drin River. It is facing challenges due to […]
Multilateral development banks announce joint framework at COP24 to combat climate change
Multilateral Development Banks (MDBs) have announced a joint framework at COP24 for aligning their activities with the goals of the Paris Agreement, reinforcing their commitment to combat climate change, according to a joint press release. In a joint declaration, issued at the start of the 24th Session of the Conference of the Parties to the United […]
EBRD now offering “mega” Green Innovation Vouchers of up to EUR 50,000
The European Bank for Reconstruction and Development (EBRD) has moved into a new phase of the Green Innovation Vouchers scheme in Serbia to target projects with larger resource-efficiency impact, increasing the value of the vouchers to up to EUR 50,000, according to a news release from the EBRD. A new call for applications for “mega” […]
Energy Community, EBRD issue joint Policy Guidelines for implementing Energy Efficiency Obligation schemes
The Energy Community (EnC) Secretariat and the European Bank for Reconstruction and Development (EBRD) have issued joint Policy Guidelines to help countries in the region design and implement an Energy Efficiency Obligation (EEO) scheme in line with Article 7 of the EU Energy Efficiency Directive. According to the Secretariat’s press release, Article 7 requires EU […]
