Renewables

UNDP and CZDA signed Biomass Energy for Employment and Energy Security MoU in Sarajevo

Published

October 7, 2016

Comments

0

Share

Published:

October 7, 2016

Comments:

0

Share

Signing ceremony of the Memorandum of understanding (MoU) between UNDP and Czech Development Agency (CZDA) for the project “BiH Biomass Energy for Employment and Energy Security” was held in Sarajevo, country’s capital.

“Every investment in biomass cuts carbon emissions and fights climate change”, said Sezin Sinanoglu, United Nation (UN) Coordinator and United Nations Development Programme (UNDP) Resident Representative for BiH.

“Project`s goal is to deliver analysis and options for electricity production from biomass. This will save energy, reduce energy expenses for households and open new jobs. Biomass in BiH has a great potential since forests cover 53% of the territory” said Jakub Skalnik, Ambassador of the Czech Republic to BiH.

“Total value of the project is EUR 900,000, including EUR 500,000 provided by CZDA. Our research shows that every USD 1 million invested in green technologies creates 100 new jobs. This makes it so valuable in the country with an unemployment rate of 63%” said Sezin Sinanoglu.

“Savings gained by cutting expenses for households and public sector can be used for other projects in education or health sector, where ever is needed”, added Sinanoglu, reports web portal Energetika.

Related Articles

Solar power generation to increase ten times in Montenegro energy balance

Solar power generation to increase tenfold in Montenegro next year

25 November 2022 - According to the estimate in the Energy Balance of Montenegro for 2023, electricity production will drop 12.63% this year

Austria can reach 1,2 GW with additional solar in 2022

Austria set to add over 1 GW in solar power in 2022

25 November 2022 - Austria is on track to install more than 1 GW in photovoltaics this year and as much as 1.5 GW every year

Four times more installed power plants in North Macedonia in 2022

North Macedonia’s regulator issues 200 licenses for renewable electricity plants in 2022

25 November 2022 - The Energy and Water Services Regulatory Commission issued 200 licenses this year for electricity production from renewable sources

Albania applications solar power 151 MW

Albania receives applications for solar power projects of 151 MW in total

25 November 2022 - Applications for solar power projects sent to the Ministry of Infrastructure and Energy of Albania include one of the largest ones so far, for 93 MW