RDF-burning CHP plant project given go-ahead
The Bulgarian government has given the green light to the managing authority of Operational Programme Environment, part of the Ministry of Environment and Water, to sign an administrative agreement on financial assistance with the Sofia municipality and district heating operator Toplofikacia Sofia for the construction of a combined heat and power (CHP) plant utilizing refuse […]
Regulatory framework, electricity price highlighted as impediments to greening region’s energy mix
The Western Balkans, and Serbia in particular, should continue implementing regulations to help green the energy mix and fight climate change, according to panelists at the 11th Balkan Energy Finance Forum. They also raised the issues of how the low regulated electricity price is affecting investments in the energy sector overall and how third countries […]
EIB approves loan for CHP plant in Sofia
The board of the European Investment Bank (EIB) has approved a EUR 45 million (USD 53 million) loan to the municipality of Sofia for the construction of a combined heat and electric power (CHP) plant. Once built, the plant will operate as part of the Bulgarian capital’s central heating network, local media reported, quoting an EIB […]
EIB supports transition to low-carbon and climate-resilient economy
Dubravka Negre, Head of the European Investment Bank (EIB) Regional Representation for the Western Balkans, speaks in an interview for the Balkan Green Energy News about EIB’s priorities and plans in the region in coming years. She also reveals how the EIB supports the transition to a low-carbon, environment friendly and climate-resilient economy, by committing at […]
EIB loan for three new wind farms in Greece
The European Investment Bank (EIB) said it has approved a loan of EUR 24 million for three wind farm projects in Greece. The loan will be used by the Terna Energy company to set up and operate the three wind farms in the central Greece region of Viotia. Part of the loan was secured by […]
Bucharest Sector 1 – thermal rehabilitation programme, #EUSEW2017 finalist
The northern part of Bucharest has undergone through important changes in the last couple of years thanks to the public project to improve the energy efficiency of buildings. With almost 1,000 public and residential buildings renovated and insulated, the project has not only improved quality of life of the citizens but also has helped to […]
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 […]
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 […]