Serbia’s power utility to take no loans in 2025, fund coal projects on its own
EPS will not take out loans this year, but will finance all investments from its own resources, says CEO Dušan Živković.
Montenegro’s power utility gets EUR 25 million loan to expand Gvozd wind farm
The installed capacity will be increased to 75.6 MW, making Gvozd the largest wind farm in Montenegro.
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%.
