Adopted Green Agenda Action Plan for Western Balkans brings EUR 9 billion in grants, 2024 deadline to align with EU ETS
The EU prepared a EUR 30 billion investment package and the Western Balkans must implement climate action reforms from Green Agenda Action Plan
Kosovo* shelves US-backed gas pipeline project
After Kosovo* suspended a gas pipeline and power plant project, top officials claimed it could be revived if calculations show it is feasible
Energy transition is inevitable, but opposition is very strong
Implementation of the energy transition in Serbia and the region is inevitable, and it is also the stance of those who do not believe in climate change and are against the closure of coal-fired power plants.
EU to help power consumers as member states launch relief individually
While the EU is drafting measures to help poor households and small firms shoulder the spike in energy prices, member states have individual solutions
Bechtel in talks for big pumped storage hydropower plant, wind farm in Serbia
Bechtel is interested in building the Đerdap 3 pumped storage hydropower plant and a big wind farm in Serbia with a combined value of EUR 2 billion
Romania allocates EUR 3.9 billion from EU recovery funds to zero carbon railway
The European Commission accepted Romania's EUR 29.2 billion National Recovery and Resilience Plan, of which 41% goes to green and climate investments
PPC’s capital offering to lower Greece’s ownership to minority stake
Greek state-controlled power utility PPC intends to increase its share capital by at least EUR 750 million, but the government won't participate
EBRD expands GEFF program for household energy efficiency in Western Balkans
The Green Economy Financing Facility (GEFF) enabled 9,000 households in the region to invest EUR 45 million in energy savings. The program is growing.
