New EUR 45 million loan for energy efficiency in Romania’s residential sector
Romanian households owners will be provided with additional EUR 45 million to invest in energy efficiency improvements, such as heating, water, and electricity, as well as additional building enclosures such as walls, windows and roofs, for their homes. Most of Romania’s residential buildings were constructed between 1960 and 1990 with low thermal insulation. “The European […]
Serbian Government to consider introduction of incentives for electric vehicles
Serbian Government will consider the introduction of incentives for the use of electric vehicles. Establishment of a workgroup with this task is planned for next year and study with a proposal of optimal solutions for 2019. Introduction of incentives is one of the 13 measures defined in the Program for the Implementation of the Energy […]
Serbian power utility EPS presents Environmental Action Plan, to invest EUR 864 million
The Draft Environmental Action Plan of public power utility Elektroprivreda Srbije (EPS) from 2016 to 2025 anticipates investments of EUR 864 million in reducing air, soil and water pollution, as well as in waste management, Aleksandar Jakovljević, head of strategy at EPS’ said during a presentation of the Draft Action Plan. He recalled that in […]
Energy Community Ministerial Council sets vision for post-2020 climate and energy policy
The Energy Community Ministerial Council launched a process aimed at setting targets for renewable energy, energy efficiency and greenhouse gas emission reduction for 2030 in the Energy Community. In early 2018. the Contracting Parties will be supported by guidelines for the preparation of integrated National Energy and Climate Plans. The Council also invited the Secretariat […]
EPS secures EUR 80 million loan for first wind park, construction to start in 2019
Public power utility Elektroprivreda Srbije (EPS) and the German development bank KfW signed a loan agreement worth EUR 80 million to finance the construction of a 66 MW Kostolac wind farm. This will be the first wind power capacity in EPS’ portfolio, which is dominated by coal-fired power plants. “The project is worth EUR 97 […]
GE to supply 38 turbines for Serbia’s third largest wind farm
GE Renewable Energy will provide 38 turbines for the Serbia’s third largest wind farm Blacksmith “Kovačica”. A 15-year full-service agreement for 105 MW wind site is also part of the deal between GE Renewable Energy and Enlight Renewable Energy. Enlight Renewable Energy will be an operator of the wind farm set to be built in […]
Kosovo* is looking for investments in solar energy through auction scheme
Kosovo’s* Minister of Economic Development Valdrin Lluka announced that Kosovo* will be looking for investments in the solar energy sector through the new auction scheme which is to be set. The expected amount of the investment is EUR 100 million. Minister Lluka said that his ministry is interested in large-scale solar projects, and will begin […]
GCF climate project to support EUR 100 million worth investments in Serbia
Green Climate Fund (GCF) – European Bank for Reconstruction and Development (EBRD) programme is expected to support around USD 100 million worth of investment opportunities in high-performance energy efficiency and renewable energy technologies in Serbia, the Bank told the Balkan Green Energy News portal. The EBRD and GCF co-financed USD 1.4 billion worth programme to […]
