Krnovo wind park to start trial production of energy in early 2017

Works on the construction of Krnovo wind power plant near Nikšić are completed and trial production of energy should start early next year after the operating licence is obtained. The Krnovo wind power plant consists of 26 wind turbines, two transmission lines and two substations, maintenance buildings, while planned annual production is between 200 to […]

EBRD announces tender for Belgrade’s Sava Lake clean-up

The European Bank for Reconstruction and Development (EBRD) opened a tender for a project to clean the Sava Lake bed and build a raw water pipeline in Belgrade, Serbia. The EBRD has offered a loan worth EUR 8.5 million for the first tranche of the Belgrade Water project to cover the cost of the primary […]

Water November 7, 2016

Serbian capital starting energy efficiency makeover

Belgrade is determined to introduce an energy efficiency fund into its budget system, where the new instrument won’t be used for grants – the approved money will be returned, which makes the endeavour unique, said Marko Stojanović, city secretary for energy. Speaking at the kickoff meeting for the accession of Serbia’s capital to partnerships of Building Energy […]

New EBRD support for renewable energy investments in Turkey

The European Bank for Reconstruction and Development (EBRD) is providing USD 55 million to Turkish lender Isbank to finance private investments in renewable energy and resource efficiency projects. The new agreement comes as a “part of the EBRD’s strategy to help Turkey meet a growing demand for electricity and diversify away from expensive imported fuel, […]

Renewables October 25, 2016

Works on Montenegro-Italy power cable starts in Montenegro

Building of 400 kV underwater power cable between Montenegro and Italy has just started from Montenegrin side with an official ceremony held in Jaz Cape, located between towns of Budva and Kotor. The cable will be built by Italian electricity transmission company Terna and Montenegrin Electric Power Transmission (CGES). Once the underwater power cable is […]