EIB: New EUR 100 million energy efficiency investment in Greece
European Investment Bank (EIB) and Piraeus Bank are partnering in order to trim energy costs for companies in Greece by EUR 100 million through new energy efficiency investments in the country. This initiative is the first in Greece under the Private Finance for Energy Efficiency program and represents the largest energy efficiency financing initiative to […]
CLIM@ competition for sustainable future – Call for applications
The Green for Growth Fund (GGF) has launched clim@, a new competition for innovative businesses or projects that have the power to change current practices and demonstrate strong positive climate impact. Fostering energy conservation, renewable energy and resource efficiency as keys to a sustainable future, the GGF has opened the call for applications globally for […]
PPC Renewables readies to develop 700 MW in RES capacity
PPC Renewables, a wholly-owned green energy subsidiary of Public Power Corporation, the main power utility in Greece, is ready to develop 700 MW in renewable energy sources (RES) capacity, mostly in the wind and photovoltaic energy fields. While waiting for the upcoming auctions in renewable, scheduled for April in Greece, PPC Renewables has announced that […]
Public-private partnership: EIB is interested in PPP projects in Serbia
In 80% of public-private partnership (PPP) projects in Europe the public sector pays compensation to a private partner and the concession model has been less often used, said Dubravka Negre, Head of European Investment Bank’s (EIB) Regional Representation for the Western Balkan. Following is her interview for Improving Energy Efficiency through Public-Private Partnership Model publication. […]
Study: European-financed small hydropower plants damaging pristine Balkan
Eight hydropower projects in Albania, Croatia and Macedonia financed with European public money have damaged biodiversity and are in urgent need of increased monitoring and restoration measures, finds a study by CEE Bankwatch Network. The hydropower plants were enabled by support from the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank […]
ELENA provides EUR 1.7 million for energy renovation of public buildings in Slovenia
The Slovenian Ministry of Infrastructure has been awarded through ELENA program a EUR 1.7 million non-refundable aid for energy reconstruction and renovation projects for the public sector buildings. ELENA (European Local Energy Assistance) is a joint initiative of the European Investment Bank (EIB) and the European Commission under the Horizon 2020 program. It provides grants for technical […]
EIB approves loan for CHP plant in Sofia
The board of the European Investment Bank (EIB) has approved a EUR 45 million (USD 53 million) loan to the municipality of Sofia for the construction of a combined heat and electric power (CHP) plant. Once built, the plant will operate as part of the Bulgarian capital’s central heating network, local media reported, quoting an EIB […]
Vinča PPP signed to solve biggest environmental problem in Serbia, region
Following an international tender, an agreement on a public private partnership (PPP) was signed by the Belgrade city authorities and a consortium of the French Suez groupe and Japanese Itochu I-Environment to implement a 25-year project to develop a system to treat municipal waste of Belgrade. The agreement calls for closing and remediation of one […]
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