Albanian government will stimulate investments in solar energy

Solar energy is an extremely important energy source for Albania because of its geographic position and exposure to sunlight, the Albanian Minister of Infrastructure and Energy, Damian Gjiknuri said at the opening of a workshop on solar energy in Tirana. The Minister said the Albanian government will stimulate investments in the production of energy from […]

Renewables November 3, 2017

EBRD to loan EUR 75 million to Turkey for renewables investment

The European Bank for Reconstruction and Development (EBRD) will provide EUR 75 million in financing to Turkey Sinai Kalkinma Bankasi (TSKB), a Turkey-based investment and development bank, for renewable investment. The financing, under Turkey Mid-Size Sustainable Energy Financing Facility III (MidSEFF III) is for on-lending to private sector borrowers for renewable energy and resource efficiency […]

News October 30, 2017

Update: EBRD, IFC finance wind farm Čibuk 1 of 158.4 MW

Vetroelektrane Balkana d.o.o. secured a credit line worth EUR 215 million for its Čibuk 1 wind power plant, most of which is planned to be built in the Kovin municipality, less than fifty kilometres northeast of the centre of Belgrade. The facility of General Electric Co.’s 57 turbines in the area of villages of Mramorak and Dolovo […]

Renewables October 17, 2017