New business sector emerging from energy efficiency technologies
Montenegro has been intensifying efforts to promote and help fund energy efficiency activities through the Directorate for Energy Efficiency, which stimulates consumers of energy: households, the public sector, firms and municipalities. Dragica Sekulić, who heads the body established by the Ministry of Economy, says the efforts focus on creating a long-term financing scheme with adapted […]
Green roofs as a modern concept of green building and its benefits to environment
Katarina Penonić, Master Engineer of Urbanism and Regional Development, B.Sc. Landscape Architect and Dejan Lazić, Senior Landscape Architect, General Manager at Green Decor doo, Belgrade. For more information www.zelenikrovovi.rs. Increasing population growth and the zones covered with buildings in urban areas created a less comfortable living, lower quality of life for people in cities and on […]
EBRD sets EUR 100 million for Vakıfbank to on-lend
The European Bank for Reconstruction and Development said it approved EUR 50 million or its equivalent in dollars or Turkish liras to Vakıfbank (Türkiye Vakıflar Bankası t.a.o.) under the Turkey Sustainable Energy Financing Facility 3 (TurSEFF 3). Another EUR 50 million was set under Turkey Sustainable Energy Financing Facility Framework Ext 1 (TurSEFF 2). The […]
Piraeus Bank Bulgaria to finance residential energy efficiency
The European Bank for Reconstruction and Development (EBRD) said it is providing a EUR 10 million loan complemented by technical assistance to Piraeus Bank Bulgaria (PBB). The loan is provided under the new extension of the Residential Energy Efficiency Credit Line (REECL), a framework established by the EBRD in 2005. As the partnership continues, PBB […]
BPB Bank enters EBRD’s green energy programme
A new bank in Kosovo* has joined the energy efficiency financing programme of the European Bank for Reconstruction and Development. Under an agreement signed by Suma Chakrabarti, EBRD’s president, and Arton Celina, the chief executive officer of BPB, the bank will receive a EUR 1 million credit line for on-lending to small and medium-sized enterprises […]
CEB finances energy efficiency at University of Cyprus
Rolf Wenzel, governor of the Council of Europe Development Bank (CEB), signed a EUR 32 million loan agreement for the financing of extension and renovation work at the facilities of the University of Cyprus (UCy) in Nicosia. Student intake at the largest academic institution in the island country is expected to increase significantly, the statement […]
Project of using cogeneration from biomass presented in BiH
The project of energy efficiency by using cogeneration from biomass is worth about EUR 150 million to be invested in 40 municipalities, said Gordan Milinić, head of Foreign Investment Promotion Agency of Bosnia and Herzegovina. Speaking about the presentation of the project held in Sarajevo, he stressed it will create new jobs and improve the […]
Presidential residence to have energy makeover
The proposal for an energy upgrade of the Presidential Palace in Nicosia is advancing on the implementation trajectory. The Electricity Authority of Cyprus (EAC) completed the proposal and sent it to environment commissioner Ioanna Panagiotou, who forwarded it to the presidency, Energy News reported. Sources of InBusinessNews revealed the authorities seek the project for the […]
