İşbank joins EBRD’s home energy efficiency programme
The USD 350 million financing facility launched by the European Bank for Reconstruction and Development (EBRD) and the Clean Technology Fund (CTF) was joined by İş Bankası AŞ (İşbank), headquartered in Levent, Istanbul. The purpose of the programme is to boost investment in energy efficiency improvements for homes, EBRD said. The Turkey Residential Energy Efficiency […]
Development banks adopt climate mitigation finance tracking
Several national and international development banks adopted common norms for tracking projects for the mitigation of climate change effects. Similar principles for tracking adaptation finance and leverage are being developed. The document was published on the Paris Climate Finance Forum. These institutions have been tracking climate finance for only a few years, and their methods […]
KOSTT boosts transmission grid security from EBRD loan
The electricity transmission system operator KOSTT intends using the proceeds of a loan from the European Bank for Reconstruction (EBRD) for achieving full compliance with the N-1 electricity transmission grid security criteria, the bank said. This is a key technical requirement for KOSTT to join the European Network of Transmission System Operators for Electricity (ENTSO-E), which […]
Invitation for reconstruction of small hydropower plants
The European Bank for Reconstruction and Development placed an invitation for tenders, closing on July 24, for the reconstruction of small hydropower plants. The procurement notice is for the supply and installation of electrical and mechanical equipment for the reconstruction of seven systems in east Serbia. Electric Power Industry of Serbia (EPS) has received a […]
15 Romanian companies awarded for promoting sustainable energy
European Bank for Reconstruction and Development (EBRD) and the European Union honored 15 Romanian companies for promoting energy efficiency, reads EBRD’s press release. The EU-EBRD Sustainable Energy Excellence Awards, held in Bucharest on March 19, recognized Romania’s most successful sustainable energy projects financed by the EBRD and the EU. “We are celebrating Romanian companies which […]
Saint Nikola wind farm output tops 1.54 million MWh since launch
The Saint Nikola wind farm near Kavarna, in northeastern Bulgaria, has produced more than 1.54 million MWh of electricity in its five years of operations, US-based AES, which operates the plant, said, SeeNews reported. Through its operation, the wind park has saved more than 1.2 million tonnes of carbon emissions, AES said in a press […]
Smart energy solutions on the agenda at Cyprus conference
Experts discussed smart solutions to energy challenges in Cyprus on March 10, at a high-level conference in Nicosia, European Bank for Reconstruction and Development (EBRD) said. The conference – Smart sustainable energy: International experience and Cyprus – was organised by the Cypriot Ministry of Energy and Industry, the European Commission (through the Support Group for […]
CHP plant as a solution for Sokolac district heating company
Head of Sokolac Municipality Milovan Bjelica had a meeting with consultants of the European Reconstruction and Development Bank (EBRD) to discuss a project of a 5 MW cogeneration plant, powered by biomass, with a value estimated at EUR 5.1 million, reported portal ekapija.ba. ”CHP plant project is a capital project with a technical support before […]
