GIZ ORF-EE announces further support to EnC West Balkan signatories in securing systematic energy savings data collection
At the last Energy Efficiency Coordination Group meeting, held in the Energy Community (EnC) in Vienna on November 14, representatives of the GIZ Open Regional Fund for SEE – Energy Efficiency (ORF-EE) announced continuing support to EnC signatories from the Western Balkans (WB) in securing complete and systematic energy savings data collection. The support will […]
Draft National Energy and Climate Plan envisages EUR 32.7 bln in investments to boost RES share to 32% by 2030
Greece’s draft National Energy and Climate Plan calls for EUR 32.7 billion in investments from 2020 to 2030 for the share of renewable energy sources (RES) in energy consumption to rise to 32% and electricity production to 55%. Comments to the draft plan are due by December 3, according to the Ministry of Environment and […]
EP approves 2030 target of 32% for renewables, 32.5% for energy efficiency, 35% for CO2 emissions cuts for trucks
The European Parliament (EP) has approved a binding 2030 target for renewables of 32% and an indicative target on energy efficiency of 32.5% that will play a crucial role in meeting the EU’s climate goals, according to a press release from the EP. By 2030, energy efficiency in the EU has to have improved by […]
Turkish chemicals firm gets EUR 15 million loan from EBRD to contribute to greener tire production
The European Bank for Reconstruction and Development (EBRD) is lending EUR 15 million to Turkish chemicals maker Egesil Kimya Sanayi ve Ticaret A.S., majority owned by Germany’s Evonik Industries, to increase production of precipitated silica, a key component of energy-efficient tires that reduce carbon emissions, according to a news release from the EBRD. The loan […]
Serbia’s budget fund for energy efficiency to quadruple to over EUR 4 million in 2019 – minister
Serbia’s budget fund for improving energy efficiency in 2019 will be worth RSD 500 million (about EUR 4.22 million), which was the fund’s overall value over the past four years, Minister of Mining and Energy Aleksandar Antić said today at the signature of agreements with 14 local governments on budget fund allocations for energy efficiency […]
Lending under EBRD’s GEFF approved to first bank in Albania to on-lend for energy efficiency projects
Albania’s Union Bank will on-lend a EUR 6 million loan it has secured from the European Bank for Reconstruction and Development (EBRD) for high-performance energy efficiency projects in privately owned residential dwellings and buildings in the country. The loan has been approved under the Western Balkans Green Economy Financing Facility (GEFF), the EBRD said. Union […]
EUR 642,000 worth of contracts signed for retrofits of three schools in Sarajevo Canton
As part of the Energy Efficiency in Bosnia and Herzegovina project, implemented by the Ministry of Spatial Planning of the Federation of Bosnia and Herzegovina and financed with the World Bank’s loan, energy efficiency measures will be introduced in three educational institutions in the Sarajevo Canton. More than BAM 1.25 million (around EUR 642,000) will […]
Romania’s Bacau to modernize street lighting with EUR 11 million loan
The European Bank for Reconstruction and Development (EBRD) and the Green Energy Special Fund (GESF) are providing a EUR 11 million loan to the Romanian city of Bacau to modernize street lighting, according to a news release from the EBRD. Bacau is a medium-sized city in Romania with a population of almost 200,000. The investment […]