Italian company preparing to invest in biomass cogeneration
Twenty underdeveloped municipalities in the Federation of Bosnia and Herzegovina and another 20 in the Republic of Srpska which dispose of wood waste will be included in cogeneration projects, said Foreign Investments Promotion Agency (FIPA) of BiH. Director Gordan Milinić spoke to Zdravko Aćimović, who heads Alfa Invest – partner of Pyrox from Turin for […]
EBRD to launch third TurSEFF line for small projects
A framework operation of EUR 400 million for on-lending to several financial institutions in Turkey is considered by the European Bank for Reconstruction and Development. TurSEFF 3 will be used to finance private and public sector subborrowers investing in small scale renewable energy and resource efficiency projects, according to the announcement. It will be the […]
First wind turbine installed at wind park Krnovo
Works are continuing after the first out of 26 planned power generators was transported and erected at Krnovo plateau in central Montenegro near Nikšić, local portal Onogost.me reported. The equipment was brought by a special truck, as some parts are 50 metres long and weigh up to 153 tonnes. Construction work on the 72 MW […]
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 […]
