Končar KET to refurbish HPP Vacha in Bulgaria

A consortium comprising Croatia’s Končar KET and Czech ČKD Blansko Holding has signed a contract to refurbish the 14 MW hydropower plant (HPP) Vacha-1, the accompanying 110 kV switchyard, and other auxiliary systems at the HPP, in cooperation with the Bulgarian state power utility Natsionalna Elektricheska Kompania (NEK EAD), Končar KET has said in a […]

Green Climate Fund supports energy efficiency project in Bosnia and Herzegovina with USD 17.3 million grant

The Green Climate Fund has allocated USD 17.35 million grant for the energy efficiency project in Bosnia and Herzegovina aimed at upgrading public buildings. The project will also help switch from fossil fuels to renewable energy sources, create new jobs, reduce air pollution and protect the health of citizens. The Scaling-up Investment in Low Carbon […]

Transformation of ruined Bračak castle into modern energy efficient center

Project: Revitalization and transformation of Bračak castle into energy-efficient and sustainable energy center Country: Croatia Financing: Fund for Environmental Protection and Energy Efficiency of Croatia (FZOEU) and EU Structural Funds Implementation: Regional Energy Agency Northwestern Croatia (REGEA) and Krapinsko-zagorska županija Implementation period: preparations and implementation of project 6 years, reconstruction 1.4 years Context The Bračak […]

New round of EIB loans for improving energy efficiency in Bucharest

Two projects for refurbishing the multi-family residential buildings in the Romanian capital of Bucharest received financial boost from the European Investment Bank. The European Investment Bank (EIB) said it  is lending EUR 15.3 million to finance the second phase of the thermal rehabilitation programme covering multi-family housing in the Bucharest’s Sector 6 municipality. This is […]