China’s Yinlong to buy 51% of bus maker Ikarbus, produce electric vehicles – GM
China’s Yinlong is expected to buy a 51% stake in Serbian bus manufacturer Ikarbus in mid-June and expand its product portfolio to electric vehicles, Ikarbus General Manager Aleksandar Vićentić has said. Ikarbus’ privatization has already begun under the bus maker’s prepackaged bankruptcy, Vićentić told Tanjug, eKapija reported. After Yinlong buys 51% of Ikarbus, 26% will […]
Sofia to deploy 15 electric buses in 2019 as it secures EUR 7.35 million loan from EBRD, GESF
The European Bank for Reconstruction and Development (EBRD) and the Green Energy Special Fund (GESF) have approved a EUR 7.35 million loan to Sofia Electrical Transport Company (SETC) for the first phase of the modernization of Sofia’s bus fleet through the acquisition of up to 15 low-floor electric buses with fast-charging technology and six charging […]
Sofia transport operator plans to buy 30 electric buses
Urban transport operator Sofia Electrical Transport Company (SETC), wholly-owned by the City of Sofia, is set to get a EUR 14.7 million loan from the European Bank for Reconstruction and Development (EBRD) to enhance its bus fleet through the purchase of 30 low-floor electric buses with fast charging technology and 12 charging stations, as well […]
Belgrade unveils cleaner transport plans as European Mobility Week is marked across Serbia
Cities and municipalities across Serbia marked a Car-Free Day, some on September 21 and some on September 22, and numerous other activities were organized as part of European Mobility Week from September 16 to 22. Belgrade has developed 20,000 square meters of pedestrian zones over the past years, Deputy Mayor Goran Vesić said at an […]
Bucharest applies for EUR 283 million in EU funds to buy electric buses, other vehicles
The Bucharest City Hall announced that it submitted financing requests for EUR 283 million worth of EU funds to procure electric buses and other vehicles for public transport. The city is seeking to buy 100 trams and 100 electric buses, among other vehicles, Romania Insider reported. The biggest project targets the acquisition of 100 trams, […]
Belgrade garage 1st in Europe to get Parksmart high-performance, sustainability certificate
The Obilićev Venac garage in downtown Belgrade is the first garage in Europe to have received the Parksmart certificate recognizing high-performing, sustainable garages, the City of Belgrade said in a statement. The Obilićev Venac garage received the Parksmart Bronze certificate, the highest level achieved so far, making the Belgrade garage one of four in the […]
EIB to finance procurement of electric buses for Belgrade
The European Investment Bank (EIB) plans fresh investments in Belgrade’s green urban mobility, said Head of EIB Regional Representation for the Western Balkans Dubravka Negre. The EIB plans to finance the procurement of new electric buses and help modernize trams and tram tracks in the Serbian capital, Negre said. Negre made the announcement while discussing […]
China’s SDIC Power eyes investment in 170 MW wind farm in Turkey – daily
China’s SDIC Power plans to build a 170 MW wind farm worth USD 300 million in Turkey’s Aegean provinces of Aydim and Manisa together with SGI Holding, Daily Sabah has reported. The licensing and bureaucratic processes related to the investment SDIC Power plans have been completed, the daily wrote, adding that SDIC Power is expected […]