EU provides EUR 5 million to fight energy poverty in Slovenia
The European Union provides EUR 5 million to help 500 low-income households in Slovenia deal with energy poverty, but it remains a big problem during cold periods. „The poorest households in Slovenia spent almost 18 percent of their income on energy in 2015. The main reason for energy poverty are energy inefficient and poorly insulated homes. […]
Swiss donation for CHP unit in Belgrade suburb Padinska Skela
The Swiss Government will donate EUR 1,2 million and CHF 500.000 to Serbia for the construction of a combined heat and power plant (CHP) in Padinska Skela, which will be fueled by biomass. An annex to the agreement on the construction of the plant was signed by the Serbian Minister of Mining and Energy Aleksandar […]
GGF funds energy efficiency measures in Turkey with EUR 15 million
The Green for Growth Fund (GGF) has agreed to lend EUR 15 million to Turkey’s Garanti Leasing to foster investments in energy efficiency and renewable energy equipment by Turkish micro, small, and medium enterprises (MSMEs). Energy efficiency measures financed with the GGF loan are expected to achieve annual primary energy savings of approximately 61.000 MWh […]
Ambassadors call on Federation BiH to adopt Law on Energy Efficiency
Ambassadors of several Western countries and the EU Delegation have written to the institutions of the Federation of Bosnia and Herzegovina to express strong support for adopting the Law on Energy Efficiency. The letter is signed by the ambassadors of the United States, Great Britain, Germany and Sweden, the head of the EU Delegation and […]
New round of EIB loans for improving energy efficiency in Bucharest
Two projects for refurbishing the multi-family residential buildings in the Romanian capital of Bucharest received financial boost from the European Investment Bank. The European Investment Bank (EIB) said it is lending EUR 15.3 million to finance the second phase of the thermal rehabilitation programme covering multi-family housing in the Bucharest’s Sector 6 municipality. This is […]
EPBiH launches another tender for Podveležje wind farm
The state-owned power utility Elektroprivreda BiH (EPBiH) launched a tender for substation and cabling for Podveležje wind farm near Mostar, Bosnia and Herzegovina (BiH). The call is open for offers of engineering, procurement, supply and construction of an 110/30 kV substation, the 30kV power cabling, fibre optical cabling and earthing network between wind energy converters (WEC) […]
EPS to invest EUR 4.5 billion by 2025
Elektroprivreda Srbije (EPS) plans to invest EUR 4.5 billion into Serbian electric power system, but renewable energy sources still cannot replace coal as the main source of energy, according to the Serbian public power company’s strategy director. “Coal fired power plants will remain the corner-stone of EPS power production in the coming period, along with […]
EBRD extends support to renewable energy projects in Turkey
The European Bank for Reconstruction and Development (EBRD) is financing small-scale renewable energy and resource efficiency projects in Turkey with an extension of EUR 400 million. The funds will be extended under the EBRD’s Turkey Sustainable Energy Financing Facility (TurSEFF), a program originally designed to finance small and medium-sized enterprises (SMEs) seeking to improve their […]