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 […]
Government proposes changes to law on biofuels, adopts energy efficiency report for 2017
The Croatian government has adopted a bill on changes to the law on biofuels, setting a 7% ceiling for the share of first-generation biofuels in the total direct annual energy consumption in transport by 2020, in line with the EU Directive 2015/1513. Under the bill, the indicative national target of the share of advanced biofuels […]
GGF Impact Stories: Improving energy efficiency in Montenegro
The Green for Growth Fund (GGF), which was initiated as a public-private partnership in December 2009 by German development bank KfW and the European Investment Bank (EIB), surpassed major milestones in 2017, increasing the total financing it has provided to final borrowers to over EUR 600 million across more than 25,000 individual projects. The GGF […]
Energy efficiency measures save 5,056.3 GWh in Bulgaria
Between 2014 and 2017, Bulgaria saved 5,056.3 GWh of energy as a result of the implementation of energy efficiency measures in all sectors of its economy. The country has reached 60.7% of its 2020 national energy savings target, local media reported. The result was published in the annual report on the implementation of the National […]
Green for Growth Fund lends EUR 5 million more to Partner MCF to back energy efficiency measures
The Green for Growth Fund (GGF) has secured a fresh, EUR 5 million loan to Bosnia and Herzegovina’s third-largest microcredit institution, Partner Microcredit Foundation (Partner MCF), its longstanding partner, to finance energy efficiency measures. The energy efficiency measures to be financed with the senior loan investment are projected to result in annual primary energy savings […]
Tenders invited for energy efficiency reconstruction of 11 public buildings
The UNDP Bosnia and Herzegovina has invited companies to submit their bids for the energy efficiency rehabilitation works on 11 public buildings. All bids must be submitted no later than July 25. Construction, mechanical and electrical works sought for the energy efficiency reconstruction of 11 public buildings in BiH is part of the Green Economic […]
Erste Bank gets EUR 5 million loan from EBRD to on-lend for home energy efficiency
Erste Bank has become the first Serbian bank to receive financing from the European Bank for Reconstruction and Development (EBRD) for home energy efficiency through a RSD 600 million (equivalent to EUR 5 million) loan for on-lending to residential clients. Erste Bank’s home energy efficiency loans are aimed at citizens planning to invest in energy […]
