Five Serbian heating plants to be converted from coal, oil to biomass
17 May 2024 - Serbia will build heating plants in Niš, Bajina Bašta, Prijepolje, Rača and Novi Pazar to replace fuel oil and coal in district heating systems
Albania obtains financing for EUR 110 million Green Transport Tirana project
29 December 2023 - The Ministry of Finance and Economy signed financing agreements for Green Transport Tirana with the Municipality of Tirana and KfW
North Macedonia’s utility ESM borrows EUR 100 million to solve liquidity issues
23 August 2023 - The emergency liquidity loan will help ESM to maintain its financial resilience and continue to provide its essential services
Japan could finance pumped storage hydropower plant Bistrica in Serbia as cost rises to EUR 1.2 billion
02 August 2023 - The cost of Bistrica is now projected at EUR 1.2 billion, up from EUR 700 million, and Serbia is preparing for talks with Japan
Serbia’s top hospital to boost energy efficiency in EUR 200 million project
16 June 2023 - The first phase of the project is expected to reduce VMA's natural gas consumption by up to 40% and electricity consumption by up to 30%
Montenegro’s biggest retail chain to install 4 MW of solar panels
14 June 2023 - Voli will also install electric charging stations, which will support the transition to low-carbon transportation
Albania gets EUR 100 million for energy sector reforms
12 June 2023 - The general objective of the policy-based loan is to help improve the Albanian electricity sector's sustainability
Serbia asks Japan’s agency JICA to finance pumped storage project Bistrica
27 April 2023 - The Bistrica facility, according to earlier assessments, should have a capacity of 628 MW, and it was valued at EUR 700 million
Voltalia secures EUR 99 million loan for Karavasta solar power plant
25 April 2023 - The construction of the 140 MW Karavasta solar power plant, the first utility-scale PV project in Albania, started in July
Serbia to officially commit to phasing out coal by 2050
22 April 2023 - Obligation on decarbonization are part of the bill on the ratification of contract on guarantees for the EUR 300 million loan
Serbia to start monitoring, reporting, verifying emissions by 2026
24 March 2023 - The introduction of an MRV system derives from the terms of the government's loan agreements with the World Bank
Serbia gets its first commercial PPA – financing secured for Krivača wind farm
03 February 2023 - MK Group and ALFI Green Energy Fund have secured EUR 155 million for the project from a consortium of lenders led by Erste Group