Croatia offers farmers EUR 20.2 million in renewables grants
Croatia’s Paying Agency for Agriculture, Fisheries and Rural Development (APPRRR) has invited applications for renewables grants to co-finance agricultural producers’ investments aimed at improving energy efficiency, according to an invitation available on the agency’s website. The renewables grants can be used to develop facilities for the production of electricity and/or heat energy from renewable energy […]
EBRD providing up to EUR 5.1 million to UniCredit in Serbia to on-lend for energy efficiency, renewables projects
The EBRD is providing a loan of up to RSD 600 million (equivalent to EUR 5.1 million) to UniCredit, the second-largest bank in Serbia, to enhance its financing of the green economy, according to a news release from the EBRD. The loan comes under the EBRD’s EUR 85 million Green Economy Financing Facility for the […]
Five EU member states urged to capitalize on building renovation strategies to improve energy efficiency
Bulgaria, Croatia, Germany, Romania, and Slovenia have only partially met the objectives of Article 4 of the EU’s Energy Efficiency Directive, missing the opportunity to deliver an array of benefits through building renovation, according to a report recently published by the Horizon 2020 project EmBuild. “There is clearly a missed opportunity as building renovation has […]
Companies invited to take part in interest-free financing program called Energy Efficient Home
Montenegro’s Ministry of Economy has invited suppliers, fitters and contractors in the field of household energy efficiency to apply to take part in its EUR 120,000 program called Energy Efficient Home. The Energy Efficient Home program aims to establish a sustainable mechanism of interest-free financing that will help households switch to biomass (pellet and briquette) […]
Government proposes changes to law on renewable energy sources
The Croatian government has adopted a bill on changes and amendments to the law on renewable energy sources and high-efficiency cogeneration, which envisages extending the requirement for electricity suppliers to buy electricity produced from renewable energy sources at the regulated price. Electricity suppliers would be required to buy a share expressed as a percentage of […]
QNB Finans Leasing gets EUR 25 million loan from EBRD to finance energy efficiency investments
QNB Finans Finansal Kiralama A.S., a leasing subsidiary of Turkey’s QNB Finansbank, has received a EUR 25 million loan from the European Bank for Reconstruction and Development (EBRD) to on-lend to small and medium-sized enterprises (SME) for energy efficiency investments. The EBRD loan is extended under the third phase of the Turkey Sustainable Energy Financing […]
BSTDB initiates first energy efficiency facility in Romania
The Black Sea Trade and Development Bank (BSTDB) has secured a EUR 7 million revolving facility for Garanti Consumer Finance, a Romanian non-banking financial institution, to finance energy efficiency, renewable energy, and water-saving solutions in the Romanian residential housing sector, the BSTDB said in a press release. The BSTDB’s first facility of the kind is […]
Užice announces EUR 2 million energy efficiency investment in schools for 2019
The City of Užice has announced a EUR 2 million energy efficiency investment in seven schools for 2019 as part of the energy efficiency program jointly implemented with the Swiss Cooperation Office. Užice Deputy Mayor Nemanja Nešić said that the energy efficiency program, financed by the Swiss State Secretariat for Economic Affairs (SECO), is designed […]