North Macedonia presents just energy transition platform worth EUR 3 billion
North Macedonia is preparing an investment plan for a coal phaseout by 2030, grid strengthening, new capacities and the just transition
Zagreb to renew 40 percent of its public lighting, prepares to become smart city
The City of Zagreb will carry out the reconstruction of 40% of public lighting using a public-private partnership model, in a project worth EUR 42 million
EIB survey: citizens of China and USA more confident from EU citizens about success of their governments to reduce carbon emissions by 2050
According to the European Investment Bank's survey on climate change for 2021-2022, the majority of EU citizens are skeptical about the ability of their countries to successfully reduce carbon emissions by 2050 successfully.
BGEN round table: What does the state need to do to unlock EUR 2 billion in wind farm investments?
Investors and bankers believe that Serbia’s draft law on renewable energy sources provides a solid basis for unlocking investments in more than 2 GW of wind power...
Cyprus agrees construction of 50 MW concentrated solar power plant
A concentrated solar power system may become operational already next year, as the agreement with the government of Cyprus was signed after all permits have been secured. Alfa Mediterranean is about to build the 50 MW solar power plant using Australian tech. Following years of delays, Alfa Mediterranean Enterprises finally signed the contract with the […]
EIB adopts new energy lending policy, to stop financing fossil fuel projects from end-2021
The European Investment Bank’s (EIB) Board of Directors has agreed on a new energy lending policy which envisages that the bank will stop financing fossil fuel projects from the end of 2021. The EIB will no longer consider new financing for unabated, fossil fuel energy projects, including gas, from the end of 2021 onwards, the […]
EIB rejected Vinča incinerator project citing EU rules, activists claim
The European Investment Bank decided against funding the incinerator in Vinča over the targets in waste recycling and circular economy that are defined in chapter 27 of the talks about Serbia’s accession to the European Union, according to Don’t Let Belgrade Drown. The finance institution estimated, the initiative’s representatives claim, that it acted in compliance with […]
Four systemic Greek banks join EUR 650 million sustainable infrastructure program – EIB
The European Investment Bank (EIB) has confirmed in a press release involvement of four systemic Greek banks in a new EUR 650 million green infrastructure investment program. Confirmation of the involvement of the four systemic Greek banks – Alpha Bank, Eurobank, National Bank of Greece, and Piraeus Bank – will enable EUR 650 million for […]
