IFC comes on board for wind farms in BiH
A renewable energy company in Bosnia and Herzegovina is developing two wind farms in cooperation with the International Financing Corporation. Energy 3 d.o.o. sought advisory services in the areas of market risk assessment and electricity selling options and price forecasts for Pločno and Podveležje power plant projects, with coverage of regulatory risk. IFC said the facilities with a capacity of 48 MW […]
Visoko seeks contractor for water subsystem Gračanica
An invitation for tenders was published yesterday by public utility JKP Visoko d.o.o. for the construction of water supply subsystem Gračanica. The endeavour is financed from a part of a loan from the European Bank for Reconstruction and Development within the Visoko Water Supply System project. The closing date is November 4. The contract for […]
FZO BiH praised for energy efficiency revolving fund
The Environmental Fund of the Federation of Bosnia and Herzegovina (FZO BiH) said was recognized by relevant experts in Berlin for being the first in the region to launch a revolving fund to finance energy efficiency projects. The institution participated in the Green Energy Summer School organized by the United Nations Development Programme. The move aims to […]
State mulls scrapping development of 1 GW hydro plant
The government in Bucharest is considering the option to abandoning a renewable energy project worth EUR 1 billion. Energy minister Victor Grigorescu said Romania’s cabinet is looking for alternatives for hydro pumped storage unit Tarnița – Lăpuștești, designed for 1 GW, as quoted by News.ro on September 7. There are prospects to switch to several […]
EBRD unveils enhanced home refurbishment funds
The European Bank for Reconstruction and Development set EUR 20 million in loans for energy efficiency measures for households, enhanced by a grant of EUR 4.4 million from the Kozloduy International Decommissioning Support Fund (KIDSF). Larisa Manastirli, the international financing institution’s manager for Bulgaria, said on September 1 its investments this year climbed to EUR […]
EIB mulls support for onshore wind farms project
A special purpose entity – private company not from the utilities sector, which promotes a project for three wind farms in Tanagra municipality in Viotia prefecture, applied for funding support, the European Investment Bank said on August 25. The portfolio includes the construction and operation of facilities with an overall capacity of 50 MW in […]
EBRD funds clean technology in Tüpraş, Şişecam
A long-term loan agreement of EUR 42 million was signed by the European Bank for Reconstruction and Development and glass producer Türkiye Şişe ve Cam Fabrikaları AŞ (Şişecam), with the aim to finance recycling and energy efficiency. The bank said it will also support the largest resource efficiency program in the Turkish industrial sector to […]
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 […]