Plans for Bela Anta wind park undergo public display
The obligatory public display of documents ended after Wellbury-Bela Anta submitted documents for the preparation of detailed regulation infrastructure plan for its wind energy project. Bela Anta power plant is planned for 120 MW, to be installed in Dolovo near the city of Pančevo northeast of Serbia’s capital Belgrade. The next step for the company is to […]
GGF enhances support to Yapı Kredi Leasing
A third senior loan was approved for Turkey’s Yapı Kredi Leasing by the Green for Growth Fund, Southeast Europe (GGF). The institution said it set EUR 20 million for the company’s financing programme for renewable energy production and energy efficient machinery. The subsidiary of Yapı Kredi Bankası holds a strong energy efficiency lending portfolio and […]
EBRD to launch third TurSEFF line for small projects
A framework operation of EUR 400 million for on-lending to several financial institutions in Turkey is considered by the European Bank for Reconstruction and Development. TurSEFF 3 will be used to finance private and public sector subborrowers investing in small scale renewable energy and resource efficiency projects, according to the announcement. It will be the […]
Decision makers get acquainted with Pluto initiative
The European Bank for Reconstruction and Development said it presented its innovative financing scheme in support of geothermal energy projects at a three-day IGC Turkey conference. The Pluto initiative, worth USD 125 million (EUR 110 million), provides finance and advice to private developers at exploratory stages in a move to tap Turkey’s significant potential for geothermal energy […]
Terna Energy expects EBRD’s loan for green energy projects
A project summary document released by the European Bank for Reconstruction and Development (EBRD) targets a board decision on July 20 for the approval of a senior secured loan of up to EUR 50 million to Terna Energy SA. The package for a project with a total cost of EUR 60 million is considered to […]
Solar panel factory inaugurated in Kosovo*
A plant with the capacity for the production of 200,000 solar panels a year was launched in Slatina by a venture of J. v. G. Thoma GmbH of Germany and local firm J.v.G Jaha Energy. One tenth of volume is for the local market, while the rest will be exported globally, United States Agency for […]
Workshop on Albania’s hydroelectric potential held in Tirana
Under the auspices of the Albanian Ministry of Energy and Industry and the Embassy of Greece in Tirana, the Institute of Energy for South East Europe (IENE) organized a workshop event on Albania’s hydroelectric sector in cooperation with domestic counterparts on June 3. The event examined the role of the country’s hydroelectric potential in terms […]
ERS inks concession for hydro project Buk Bijela
The Government of the Republic of Srpska signed an agreement with a consortium organized by state-owned utility Elektroprivreda Republike Srpske (ERS) and its subsidiary Hidroelektrane na Drini from Višegrad, for the construction and operation of hydropower plant Buk Bijela. The project worth BAM 382.4 (EUR 195.1 million) on the Drina river in Bosnia and Herzegovina’s […]