Kragujevac heating plant begins ash removal from disposal site in city center
The city of Kragujevac in Serbia has begun removing ash from an uncovered disposal site that has been polluting air and soil for years.
Montenegrin power utility to borrow EUR 25.6 million for phase 2 of Gvozd wind farm
EPCG plans to take out a EUR 25.6 million loan from the EBRD for the Gvozd 2 wind farm project, with an installed capacity of 21 MW.
North Macedonia in talks on project to build two hydropower plants
The construction of hydropower plants Čebren and Galište is expected to cost between EUR 1.2 billion and EUR 1.3 billion
GGF approves EUR 40 million for AIK Banka to boost green lending
The GGF loan will primarily support the expansion of renewable energy, helping to decarbonize Serbia’s economy, the fund said.
Financing secured for 414 MW of wind, solar projects in Romania
Nofar Energy will build two solar farms, totaling 315 MW, and Nala Renewables will complete а 99.2 МW onshore wind project
Green loans in North Macedonia grow 30% but their share remains low
The National Bank of North Macedonia has recorded an increase in green loans by 2.8 times since 2019, while growth in 2023 amounted to 29.1%.
Berlin Process opens way for Western Balkans to access EUR 1.5 billion for climate action, renewables
At the meeting of the Berlin Process initiative in Tirana, the European Union announced a new Growth Plan, which includes a financial package
Germany halts four projects in Republic of Srpska in BiH
Germany has decided to halt four infrastructure projects in the Republic of Srpska, worth a total of EUR 105 million