Elektrokrajina launches tendering for supply of ancillary equipment for 2 business units
Power distribution company Elektrokrajina, a subsidiary of state-owned power utility Elektroprivreda Republike Srpske (ERS), has launched tendering for the supply of ancillary equipment for business units in Banja Luka and Srbac. At the end of September, the company also published invitations for tenders from would-be contractors for the reconstruction of medium and low voltage networks […]
Serbia, Croatia, BiH, Bulgaria, Romania, Cyprus among countries to improve green transition scores – EBRD
Serbia, Croatia, Bosnia and Herzegovina (BiH), Bulgaria, Romania, and Cyprus are among countries that improved their 2018 scores in the area of green transition compared to 2017, while the scores of Albania, Macedonia, Greece, Kosovo*, Montenegro, and Turkey, among other markets, remained unchanged, according to the European Bank for Reconstruction and Development’s (EBRD) Transition Report […]
Turkish chemicals firm gets EUR 15 million loan from EBRD to contribute to greener tire production
The European Bank for Reconstruction and Development (EBRD) is lending EUR 15 million to Turkish chemicals maker Egesil Kimya Sanayi ve Ticaret A.S., majority owned by Germany’s Evonik Industries, to increase production of precipitated silica, a key component of energy-efficient tires that reduce carbon emissions, according to a news release from the EBRD. The loan […]
Lending under EBRD’s GEFF approved to first bank in Albania to on-lend for energy efficiency projects
Albania’s Union Bank will on-lend a EUR 6 million loan it has secured from the European Bank for Reconstruction and Development (EBRD) for high-performance energy efficiency projects in privately owned residential dwellings and buildings in the country. The loan has been approved under the Western Balkans Green Economy Financing Facility (GEFF), the EBRD said. Union […]
Renewables tendering ahead in Macedonia as MEPSO signs transmission network modernization deals
Macedonia will launch tendering by end-2018 for the construction of new PV power stations and wind farms to be backed by premium tariffs, officials announced as state-owned electricity transmission system operator (TSO) MEPSO signed nine agreements worth EUR 18 million to modernize the country’s power transmission network, according to news releases from the Macedonian government […]
Romania’s Bacau to modernize street lighting with EUR 11 million loan
The European Bank for Reconstruction and Development (EBRD) and the Green Energy Special Fund (GESF) are providing a EUR 11 million loan to the Romanian city of Bacau to modernize street lighting, according to a news release from the EBRD. Bacau is a medium-sized city in Romania with a population of almost 200,000. The investment […]
Green Climate Fund supports EBRD’s Green Cities Facility with EUR 87 million
The European Bank for Reconstruction and Development (EBRD) has received a EUR 87 million contribution approved by the Green Climate Fund’s (GCF) Board. The funding will support the EBRD’s Green Cities Facility for climate-focused sustainable urban development in nine countries, including Albania, Macedonia, and Serbia, according to a news release from the EBRD. The Green […]
Fresh source of energy efficiency finance available through cooperation between EBRD, Banca Intesa
Businesses, including energy service companies (ESCO), and municipalities in Serbia have a new source of energy efficiency finance thanks to a EUR 15 million loan from the European Bank for Reconstruction and Development (EBRD) to be on-lent by Banca Intesa, the country’s largest bank, according to news releases from the two financial institutions. Businesses and […]
