World Bank’s loan to support electricity supply tariff rises in Serbia

World Bank (WB) EUR 160.6 million loan provided to Serbia will, among other activities, support public power utility Elektroprivreda Srbije (EPS ) in achieving increased convergence of the guaranteed electricity supply tariff to reach market parity levels. The percentage and the date of the electricity price hike are not determined. According to World Bank’s statement […]

New EUR 5 million loan for energy efficiency in BiH

A loan of up to EUR 5 million is now available to individuals, residents’ associations, producers, service providers, suppliers and vendors of green technologies for energy efficiency investments in residential sector. The funds are provided by European Bank for Reconstruction and Development (EBRD) and will be distributed through services of MKF Partner, a microfinance institution […]

I recommend ESCO model to municipalities and public sector

I believe that the use of public-private partnership, or the ESCO mechanism, is the right way to increase energy efficiency in the public sector. Therefore, I recommend it to municipalities, but also the entire public sector,” said Aleksandar Antić, Minister of Mining and Energy. In an interview for the Improving Energy Efficiency through Public-Private Partnership Model publication he […]

FYRM is promoting renewables and energy efficiency by subsidies

The Government of Macedonia (FYRM) has allocated over EUR 800.000 (MKD 50 million) for the promotion of renewable energy sources and improvement of energy efficiency in households for 2018. The subsidy program, recently published on the Ministry of Economy website determines the method, conditions, criteria and procedure for allocating these funds from the budget. EUR […]

New energy efficiency framework for households in Western Balkans

Households in Kosovo* are now able to apply for loans at local partner financial institutions for green technology solutions through the Green Economy Financing Facility (GEFF) for Kosovo*. GEFF has been launched by the European Bank for Reconstruction and Development (EBRD) and will provide loans to households for energy efficiency improvements, under the Regional Energy […]