49 percent of energy savings achieved after reconstruction of public buildings in Montenegro
The annual consumption of energy dropped by 49 percent in most of the buildings reconstructed under a program to raise energy efficiency levels in public buildings, the Montenegrin Ministry of the Economy said. The energy efficiency adaptation program covered 43 buildings and monitoring showed that huge energy savings were made in 39 of them. The […]
First waste-to-energy plant inaugurated in Albania
The Albanian Ministry of Environment has recently announced that the first EUR 26 million waste-to-energy (WtE) plant in Albania has been inaugurated in the city of Elbasan. This 2.85 MW power plant is located in Elbasan, one of the most polluted towns in Albania. The project which also rehabilitated Elbasan’s landfill represents the largest and […]
ELEM to expand its Bogdanci wind farm for additional 13.8 MW
It took only 16 wind turbines to cover about 2 percent of Macedonia’s production of electricity, so plans are underway for further expansion of wind power projects. Standing tall on the hills just east of the major border crossing between Macedonia and Greece, greeting the travelers on the E-75, are the only 16 wind turbines […]
Slovenia interested in undersea power line, hydropower plants in Montenegro
On the first day of the Joint Commission for the implementation of the Agreement on Economic Cooperation between Montenegro and Slovenia, the alpine country has shown interest in expanding energy sector cooperation with Montenegro by utilizing the capacity of the undersea high-voltage power line that will link Montenegro to Italy, and by taking part in […]
EBRD providing green funds to UniCredit for on-lending
UniCredit Bank a.d. Banja Luka may be granted a EUR 5 million senior loan under the Western Balkans Residential Green Economy Financing Facility (GEFF) for on-lending to residential sector for green economy investments in Bosnia and Herzegovina, the European Bank for Reconstruction and Development said in the project summary. The target board date is May […]
Power production and distribution companies in the Balkan region – governments still in charge
By Vladimir Spasić, energy journalist and analyst It is not just that the governments in the Balkan region do not consider selling their power utilities, but they covet buying what they sold twenty years ago, or at least buying from their neighbors. This can be illustrated by the announcement of Serbian power utility Eletkroprivreda Srbije (EPS) […]
GreenWEEE invests EUR 8.5 million in new recycling plant and modernization of existing
GreenWEEE International will invest EUR 8,5 million to open a new plant in Campia Turzii, Cluj county for the recycling of electrical and electronic waste, and to modernize and enlarge the capacity of existing facility at Buzau. GreenWEEE, a part of integrated recycling park Green Group, will invest EUR 3.5 million in the second plant […]
VIDEO – Perspective: GGF committed to financing green energy portfolio in the Balkans by Carrie Walczak
The development of renewable energy programs in the region has been slower than it was anticipated and governments need to take certain steps, primarily related to the regulatory framework, in order to encourage further progress of the sector. The Green for Growth Fund (GGF) can offer support for worthy projects to overcome obstacles in project […]