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Bulgaria-Greece Gas Interconnector Construction Faces Delay – Report

The start of construction on the gas interconnector between Bulgaria and Greece could be delayed by at least six months, a Bulgarian media report said on August 4. Even though the project has...

The EU Urban Agenda Toolbox

Over 70% of Europeans live in urban areas, and 55% of public investment is made by regional or local governments. The European Investment Bank works on a range of Urban Agenda-related initiatives...

Financing

FinancingFinancing projects in the field of renewable energy sources (RES), energy efficiency (EE) and sustainable development is an expanding activity within the plans and offers of financial institutions.Banks operating in our market...

Innovative Application of Information Technologies in Agriculture

BioSens Institute, Institute for Research and Development of Information Technologies in Biosystems, is a pioneer in the digital transformation of agriculture in Serbia. Investigating the scientific and technological boundaries of the innovative...

Backing Romania’s Green Ambition with 110 Million Euros Finance Package

The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International are providing a 110 million euros financing package to build and operate two solar photovoltaic power plants in south-eastern Romania,...

Montenegro Adopts Law on the Use of Renewable Energy Sources

Montenegro has adopted the Law on the Use of Renewable Energy Sources, marking a significant step towards improving the sustainability of its energy sector. This first such law in the country introduces...

EBRD Arranges 40.1 Million Euros Financing to Elektroprivreda BiH towards Bosnia and Herzegovina’s Green Transition  

The European Bank for Reconstruction and Development (EBRD) is providing a EUR 25.1 million loan to Elektroprivreda Bosne i Hercegovine (EPBiH), the largest public electricity generation and distribution utility in Bosnia and...

Investing In Sustainable Management of RES

Serbia will accomplish the green transition of its energy sector through the increase of renewable energy sources, the improvement of power grids and energy storage, the promotion of fuels with zero carbon...

On the Way to the Energy Transition

The Energy Community recognized the Republic of Serbia as a leader in energy reforms in the region in 2023. Key steps have been taken to improve the legislative framework and set strategic...

Sustainable Development Must Be More Than Just an Empty Phrase

Sustainable development is a phrase used today by all companies in their reports and an excellent backdrop for PR stories. However, sustainability is often used only as an empty phrase, and companies...

Number 36 – June 2024

Another school year has drawn to a close, and the season of vacations and enjoying the summer has begun. We’ve been busy, too. In line with the season, we’ve prepared a new...

EBRD Lends up to EUR 30 Million to Željeznički Prevoz Crne Gore a.d.

The European Bank for Reconstruction and Development (EBRD) is providing a senior loan of up to EUR 30 million to Željeznički Prevoz Crne Gore a.d. (ZPCG), the passenger train operator in Montenegro. The...

Financing the Energy Sector – The Debt-Equity Relationship

The answer to who holds the largest share of investments is corporations. However, households and governments also play a crucial role in this regard. Specifically, households have significantly increased their participation since...

Negative Bidding Continues to Burden Offshore Wind Development

Germany and the Netherlands have recently issued the results of their latest offshore wind auction. They awarded a total capacity of 6.5 GW. That’s good for Europe’s energy transition. But the auction...

Support for the Implementation of Innovative Solutions for a Smooth Green Transition

The United Nations Development Programme (UNDP) has a unique financing programme designed by the organization’s key development team. The financing programme is related to Public Calls in the form of challenges for...

Azerbaijan launches first renewables auction

The Ministry of Energy of Azerbaijan, with the support of the European Bank for Reconstruction and Development (EBRD), has announced the country’s first renewable energy auction for a 100 megawatt solar power...

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