GGF deepens cooperation with UniCredit Bank Serbia with EUR 50 million renewables loan
UniCredit Bank Serbia obtained a EUR 50 million loan from GGF for utility-scale renewables projects, strengthening its ties with the fund
Testing starts at GGF-backed Blue 1 solar power plant in Albania
TÜV Nord is testing the first of two parts of Project Blue in Fier in western Albania. Blue 1 has 67.5 MW in peak capacity.
GGF secures EUR 82.8 million in investments for green lending
GGF closed 2023 securing EUR 32.8 million from Germany’s KfW and EUR 50 million from FMO, the Dutch entrepreneurial development bank
The time to scale-up renewables is now
The COP 28 commitment to triple renewable energy worldwide by 2030 is a critical step forward in addressing the climate crisis. However, achieving this accelerated deployment demands innovative models that increase private investment and build the capacities of local markets
GGF holds board meeting in North Macedonia, reaffirms support for SEE region
The GGF board meeting in North Macedonia served to reaffirm its commitment to the energy independence agenda in the country and region
Renewables capacity in projects backed by GGF reaches 1.2 GW in 2022
The Green for Growth Fund (GGF) said it achieved progress last year in mitigating climate change and promoting sustainable economic growth in its 19 markets
EU allocates EUR 2.1 billion for energy, transport, environment projects in Western Balkans
This is the fifth investment package under the EU's Economic and Investment Plan for the Western Balkans, announced in October 2020
GGF’s Canfield: Energy storage projects can be project financed
Whether it's permitting or something else, projects are generally not reaching financial close, Chad Canfield said
