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

Italy revive coal plants gas price hits EUR 70 per MWh

Italy may revive coal plants if gas price hits EUR 70 per MWh

27 April 2026 - In an emergency, if the prices of gas reach EUR 70 per MWh, Italy may need to reactivate its coal power plants that are on standby

PPC to invest 24 billion with a focus on Balkan expansion

PPC to invest EUR 24 billion with focus on Balkan expansion

27 April 2026 - PPC boosted its investment plan to EUR 24 billion by the end of the decade, with a focus on renewable energy, gas power plants and data centers

Bistrica study pumped storage eps

Serbia moves closer to building Bistrica pumped storage hydropower plant

24 April 2026 - The construction of Bistrica will provide 55 GWh of energy storage capacity and enable the integration of 1.5 GW of renewables

serbia region eu energy community mou balkan green energy news lorkowski jovicic

Energy Community Secretariat, Balkan Green Energy News sign MoU to advance clean energy awareness across Balkans

24 April 2026 - The MoU outlines the framework for collaboration, ensuring accurate, timely, and balanced reporting while upholding the media's independence