Greece asks EU to approve state aid for 680 MW pumped storage project
GEK Terna is building two pumped storage hydropower plants and artificial lakes in Amfilochia in western Greece that will use an existing lower reservoir. The government filed its support scheme with the European Union’s competition authorities for clearance. The Ministry of the Environment and Energy of Greece has submitted a request to the European Commission […]
Slovenia helping to bring households out of energy poverty with EU grants
Owners and co-owners of dwellings in Slovenia can apply for grants of up to EUR 9,620 for home makeovers including the installations of solar water heaters and heat pumps, state-backed Eco Fund said as it launched a pilot project against energy poverty. Eco Fund – Eko sklad has issued a public call for donations it […]
GGF, Yapı Kredi Leasing support renewables in Turkey with loan package of EUR 20 million
The Green for Growth Fund – GGF invested in Turkey’s Yapı Kredi Leasing for the fourth time. The senior loan of EUR 20 million is primarily intended for rooftop solar installations at industrial facilities. The Green for Growth Fund (GGF) said it provided a senior loan of EUR 20 million to Yapı Kredi Leasing, based […]
Parliament of Republic of Srpska rejects motion to ban small hydropower plants
The Center for Environment demanded from Minister of Energy and Mining Petar Đokić to resign after his party didn’t back a moratorium on the construction of small hydropower plants in the National Assembly of the Republic of Srpska. Only 40 representatives supported the proposition, and 42 votes were needed to pass it. Parliamentarians in Banja […]
TENDERING: Podgorica to build wastewater treatment complex
The capital city of Montenegro invited contractors to express interest in the main project within its plan to upgrade the sewer network. The procurement in Podgorica is for wastewater and sludge treatment plants and sewage sludge incineration unit. Waterworks and sewage utility Vodovod i kanalizacija has issued a public call for prequalification for works cofinanced […]
Silba island may use solar power to turn seawater into drinking water
A desalination system powered by photovoltaics was proposed for Silba in a preinvestment study produced within the PROSEU project, funded by the European Union. The small Adriatic island in Croatia is struggling with its external drinking water supply and a solar power plant could be the solution. Excess electricity can be delivered to the grid […]
EBRD webinar: Green and resilient go hand in hand in district energy
In most countries where EBRD is active, the pandemic struck when the winter was ending, so the consequences could have been much worse. Experts say green and resilient in district energy are not conflicting options and that focusing on efficiency alone instead of lifting the share of renewables brings the risk of running out of […]
Amazon earmarks USD 2 billion in venture capital for Climate Pledge Fund
Jeff Bezos’s online retail empire is accelerating its efforts toward carbon neutrality. Amazon decided to invest USD 2 billion in visionary projects in the first phase of its Climate Pledge Fund. Amazon has released its annual report on sustainability and said it is setting aside USD 2 billion for the initial investment in its Climate […]