UBB to finance energy efficiency in homes with EBRD’s loan
The European Bank for Reconstruction and Development said it is providing a EUR 5 million loan and technical assistance to the United Bulgarian Bank (UBB) to finance investments that will improve the energy efficiency of residential buildings. The package is part of EBRD’s strategy to help the countries where it invests to address climate change […]
EPBiH presents investment plan at Energa conference
Senad Salkić, chief capital investment officer of state-owned Elektroprivreda Bosne i Hercegovine d. d. (Electric Utility of Bosnia and Herzegovina – EPBiH), participated at a conference on the strategic approach to investing in the country’s energy sector during the Energa international energy fair, held from June 7 to June 9 in Tuzla. The company stated […]
EPCG invests over EUR 2 million in electrical grid of Ulcinj
Power supply in the municipality of Ulcinj will be better and safer the following season due to an investment by the Montenegrin Electric Power Company (EPCG). The state-controlled utility recently launched works in the central part of the town, located in the country’s south. The project of a new substation is underway, and the facility […]
ERS inks concession for hydro project Buk Bijela
The Government of the Republic of Srpska signed an agreement with a consortium organized by state-owned utility Elektroprivreda Republike Srpske (ERS) and its subsidiary Hidroelektrane na Drini from Višegrad, for the construction and operation of hydropower plant Buk Bijela. The project worth BAM 382.4 (EUR 195.1 million) on the Drina river in Bosnia and Herzegovina’s […]
Streamlining renewable energy investment process in Macedonia
By Darko Janevski, Renewable Energy Specialist, USAID Clean Energy Investment Project implemented by Winrock International What was the situation with the renewable energy investments in 2013? Many renewable energy (RE) investors complained, and donor reports (USAID, IFC) from 2012 and 2013 noted that development of Macedonia’s significant RE resources have been constrained by gaps in the […]
EU Sustainable Energy Week 2016 – Power to the consumer
The energy transition is going local. Citizens and stakeholders are organising European Union Energy Days throughout the month of June to activate the transition to secure, clean and efficient energy. The events are held in Europe and beyond as part of European Commission’s initiative EU Sustainable Energy Week (Eusew), which first took place in 2006. […]
KEDS reveals EUR 300 million worth projects for grid
The plan for the elimination of voltage drops until 2025, with extension and reinforcement of the network and cutting technical and commercial losses, is worth EUR 300 million, said George Karagutoff, general director of Kosovo Electricity Distribution and Supply Company JSC. “It is great satisfaction when this vision does big changes for the good for […]
Investments in renewables estimated at EUR 7 billion
Romanian Association of Large Industrial Energy Consumers (ABIEC) presented a report drawn up by PricewaterhouseCoopers, entitled ‘The Impact of Support Schemes of Renewable Energy in Romania and Lessons Learnt from EU Countries’, Act Media carried. According to the document, the value of total direct investments is estimated at EUR 7 billion, most of which in […]
