The European Union plans to double its support to small and medium-sized enterprises in the 2025-2027 period for investments in energy efficiency and decarbonization. The European Commission and the European Investment Bank (EIB) Group have launched a EUR 17.5 billion financing initiative. According to the commission, more than 350,000 companies across Europe are set to […]
Government-controlled Kosovo Energy Corp. (KEK) said it is preparing to start building its Solar4Kosovo 1 photovoltaic plant near Prishtina. It informed the local community that agricultural and other activities weren’t allowed anymore on the designated land. After four years of planning. a former coal ash dump is about to be turned into the biggest solar […]
The Croatian Bank for Reconstruction and Development has secured EUR 150 million from the European Investment Bank, of which at least one third is dedicated to green investments by businesses in the country. A new finance contract with the European Investment Bank (EIB) provides EUR 150 million to finance projects of mid-caps, large private companies […]
The North Macedonian section of the gas interconnector with Greece is expected to be completed by early 2027. The construction contract was signed by the Ministry of Energy, Mining and Mineral Resources, domestic contractor Rapid Build and the country’s gas transmission system operator Nomagas. The construction of the gas pipeline connecting North Macedonia with Greece […]
The National Assembly of Serbia reelected Minister of Mining and Energy Dubravka Đedović Handanović for her third term. The youngest member of the new cabinet, led by Prime Minister Đuro Macut, is the new Minister of Environmental Protection – Sara Pavkov. Members of parliament voted in the new Government of Serbia today with 153 in […]
The European Investment Bank is providing a EUR 33 million loan for a solar power plant of 120 MW in peak capacity. Government-controlled power utility KEK plans to install it on its former coal ash dump near Prishtina. The European Investment Bank (EIB) signed a EUR 33 million investment loan for the construction of a […]
The World Bank’s board of directors approved loans of $400 million each for Turkey and Azerbaijan, for the Trans-Anatolian Natural Gas Pipeline (TANAP) project late Tuesday, December 20, Anadolu Agency reports. The loans will be supplied through the World Bank’s subsidiary, the International Bank for Reconstruction and Development (IBRD). Turkey’s Petroleum Pipeline Corporation (BOTAS) will […]