News

World Bank backs energy efficiency project

Published

October 28, 2015

Comments

comments icon

0

Share

Published:

October 28, 2015

Comments:

comments icon

0

Share

The environment ministry of the Republic of Srpska said it signed a memorandum of understanding with the entity’s health and education ministries and representatives of 11 municipalities, within an energy efficiency project funded with World Bank’s loans, SeeNews reports.

Srpska has been allocated USD 12.8 million (EUR 11.6 million). Project activities include improvements of energy efficiency in approximately 35 public buildings throughout the entity and the development of scalable financing models, the ministry said in a press release.

A total of 11 tenders have already been granted under this project – three in the field of health and eight in education and culture. The World Bank’s board of executive directors approved a credit in the amount of EUR 29.04 million for the Bosnia and Herzegovina Energy Efficiency Project in 2014. BiH is made up of two autonomous entities, the The Federation of BiH Serb and the Republic of Srpska.

Related Articles

UAE Mubadala to invest EUR 300 million in Rezolv Energy

UAE’s Mubadala to invest EUR 300 million in Rezolv Energy

24 December 2025 - Mubadala Investment Compan has committed EUR 300 million to a joint venture with Actis that operates Rezolv Energy

north macedonia annual plan investments solar bess batteries wind farms sanja bozinovska

North Macedonia’s first annual construction plan for energy projects envisages EUR 1.4 billion in investments

23 December 2025 - North Macedonia published an annual construction plan for energy projects in line with its new Law on Energy

Greek Aktor BESS subsidiary entering LNG trade

Greek company Aktor sets up BESS subsidiary after entering LNG trade

23 December 2025 - Power storage services are the core activity of Aktor's new subsidiary Aktor BESS, but it could also generate electricity

OMV Petrom CE Oltenia building solar parks of 550 MW in total

OMV Petrom, CE Oltenia building solar parks of 550 MW in total

23 December 2025 - Romanian state-owned CE Oltenia is turning its coal land into PV plants in partnership with OMV Petrom. The four projects total 550 MW.