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North Macedonia One Step Closer to the EU’s Integrated Electricity Market

At a recent session of the Government of the Republic of North Macedonia, the National Electricity Market Operator (MEMO) was officially appointed as the Nominated Electricity Market Operator (NEMO) for the next...

North Macedonia Advocates for Accelerated Electricity Market Integration at EU Forum

The Ministry of Energy, Mining and Mineral Resources of North Macedonia and the National Electricity Market Operator (MEMO) participated in the second edition of the Electricity Market Integration Forum, held at the...

EBRD Financed Rail Crossing Between North Macedonia and Serbia Receives 2.8 million euros EU grant

An agreement securing 2.8 million euros grant from the European Union (EU) to develop a joint border railway station between North Macedonia and Serbia was signed today in Skopje by the First Deputy President of the Government and...

North Macedonia: Funding Secured for Three Solar Power Plants and Expansion of the Bogdanci Wind Park

The state-owned company Elektrani na Severna Makedonija (AD ESM) is embarking on a new investment cycle in renewable energy sources with the support of a favorable loan from the German development bank...

Key Plans For North Macedonia’s Energy Future

North Macedonia is on the verge of significant changes in its energy sector, laying the foundation for energy independence. At a time when global energy challenges are increasingly present, the country faces...

Diversification of Energy Sources: North Macedonia Turns to Azerbaijan

North Macedonia has signed an agreement with the State Oil Company of the Republic of Azerbaijan (SOCAR) to enhance its energy security. The partnership, formalized through a Memorandum of Understanding on cooperation...

Construction of the Gas Interconnection Between Serbia and North Macedonia

Faced with global energy challenges, the countries in the region are increasingly investing in the diversification of energy sources and supply routes, with natural gas being one of the key sources. This is...

North macedonia: floating solar power plants in the national irrigation grid

The Minister of Agriculture, Forestry and Water Management of North Macedonia, Ljupčo Nikolovski, the Ambassador of the Kingdom of Spain, H.E. Jose Luis Lozano Garcia and representatives of the consulting company Globatek...

EBRD and Sparkasse Bank Makedonija Support Small Businesses in North Macedonia

The European Bank for Reconstruction and Development (EBRD) is supporting the green economy in North Macedonia by providing a EUR 23 million loan to Sparkasse Bank Makedonija (SMB) for on-lending to local...

EBRD and EU to Support Transition to Solar Energy in North Macedonia

Decarbonisation plans in North Macedonia are taking a big leap forward. The European Bank for Reconstruction and Development (EBRD) is lending EUR 25 million to ESM, the state-owned electricity company, to build...

North Macedonia Adopts National Energy and Climate Plan, Commits to Accelerate Energy Transition During Secretariat’s Visit to Skopje

Director Artur Lorkowski and Deputy Prime Minister for Economic Affairs of North Macedonia, Fatmir Bytyki, agreed to step up cooperation to accelerate the just energy transition during their meeting in Skopje on...

EBRD and Donors Help Reboot Small Businesses in North Macedonia

The European Bank for Reconstruction and Development (EBRD) is stepping up cooperation with Komercijalna Banka in North Macedonia by extending a new EUR 2 million credit line. The proceeds will be used...

EBRD and Donor-Funded Solar Plant Starts Operating in North Macedonia

The first large-scale solar plant in North Macedonia ‒ financed with the support of the European Bank for Reconstruction and Development (EBRD) and bilateral donors to the Western Balkans Investment Framework (WBIF)...

Albania, Montenegro and North Macedonia Procure Electricity Trading Platforms in the First Half of 2021

The National Electricity Market Operator of North Macedonia, MEMO, and the Montenegrin Power Exchange, BELEN, launched this week public tenders for the selection of a service provider for the operation of the...

North Macedonia’s Electricity Producer ESM Commits to Internal Carbon Pricing

North Macedonia’s state-owned electricity producer Elektrani na Severna Makedonija (ESM) has expressed its intent to design and implement an internal mechanism to price carbon emissions of its plants and operators by the...

EBRD, EU and Donors Support SMEs and Green Homes in North Macedonia

The European Bank for Reconstruction and Development (EBRD) is providing two loans of €3.5 million combined to ProCredit Bank Skopje in order to support small and medium-sized enterprises (SMEs) to reach EU standards...

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