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EBRD, EU and Austria finance energy efficiency in Serbia’s homes
Households in Serbia are set to benefit from the further expansion of the Green Economy Financing Facility (GEFF) with a new EUR 5 million loan in local currency provided by the European...
Global Electricity Demand is Growing Faster than Renewables, Driving Strong Increase in Generation From Fossil Fuels
Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing...
EBRD and EU Support Packaging Producer in Serbia
Packaging is a crucial feature of successful product marketing and greatly influences business and sales growth. Comex, a Serbian company specialising in the production of flexible food and non-food packaging and wrapping...
EBRD Announces Full Paris Alignment by end-2022
The European Bank for Reconstruction and Development will from the end of 2022 align all its activities with the goals of the Paris Agreement, aiming to accelerate decarbonisation across its regions, supporting...
Hydropower Has a Crucial Role in Accelerating Clean Energy Transitions to Achieve Countries’ Climate Ambitions Securely
The growth of hydropower plants worldwide is set to slow significantly this decade, putting at risk the ambitions of countries across the globe to reach net-zero emissions while ensuring reliable and affordable...
It’s High Time for Your Solar Power Plant
The new Law on Renewable Energy Sources will enable the citizens of Serbia to produce and sell green kilowatts. The novelties brought by this law are auctions for the allocation of premiums...
How to go Solar in Serbia
With many sunny days, Serbia has great potential for solar energy. However, the use of solar power in residential buildings and individual houses is still in its early stages. The country’s recently...
Renewables are Stronger than Ever as They Power Through the Pandemic
Renewable sources of electricity such as wind and solar grew at their fastest rate in two decades in 2020 and are set to expand in coming years at a much faster pace...
100 MW Solar Plant to be Put Into Operation Near Samarkand
The government of Uzbekistan’s plans to develop 8 GW of solar and wind capacity by 2030 have received a major boost following the approval of an EUR 87.4 million financing package jointly...
Chernobyl: The Next Phase
At 01:23:40 on 26 April 1986, the failure of a routine test at the Chernobyl Nuclear Power Plant in Ukraine, then part of the Soviet Union, caused reactor 4 to explode, releasing...
Five Milestones in Green Energy
Energy accounts for two-thirds of total greenhouse gas, so embracing cleaner sources is key to fighting climate change.And while the energy transition still has a way to go, renewable energy is nonetheless on...
What’s So Important About Mini-Grids?
To power a drill, run a lathe, turn a mill or work a pump, a thriving business needs electricity. Without it, the work must be done by hand.
Six hundred million people living...
EBRD Will Help Kazakhstan Achieve Carbon Neutrality by 2060
The European Bank for Reconstruction and Development (EBRD) and Kazakhstan have agreed to develop a long-term cooperation strategy to achieve carbon neutrality of the country’s power sector by 2060. The accord will...
Energy Goals Set, Green Results are Expected
Renewable energy sources, environmental protection, and the pursuit of climate change mitigation have long been global goals, the achievement of which should lead to a new, significantly different concept of life on...
EBRD and EU Help Serbia’s Bel-Plast to Become More Energy Efficient
How an investment in modern equipment led to significant savings
Thirty years ago, the Špijunović family started a small home business. Today, the company’s facilities span 4,000 m2. Bel-Plast, in the Serbian city...
Why Countries Are Desperate To Defy the Odds and Access Mars
Getting there takes seven months, and landing on a surface where the average temperature is about -60°C involves “seven minutes of terror.”Who could resist?Despite the obstacles, active exploration of Mars has ramped up of late –...