Serbia’s power utility Elektroprivreda Srbije (EPS) signed a contract for the modernization of its Vlasina hydropower plants with Energotehnika – Južna Bačka. The contract for the reconstruction and modernization of the Vlasina (Vlasinske) hydropower plants (HPPs), with a capacity of 129 MW, was signed by Dušan Živković (sitting first from right), Chief Executive Officer of […]
A carbon capture and storage (CCS) project developed by cement maker Holcim Romania has been awarded financing under the European Union’s Innovation Fund. The European Commission has selected 61 cutting-edge net-zero technology projects across the EU to receive a total of EUR 2.9 billion in funding, covering sectors such as oil refining, hydrogen, transportation, chemicals, […]
North Macedonia’s power utility Elektrani na Severna Makedonija has secured a EUR 1.5 million grant to strengthen its capacity and accelerate the energy transition. Elektrani na Severna Makedonija (ESM) made a major step toward a market-driven green transformation with a grant implementing agreement with Germany’s KfW Development Bank. The agreement formalizes a EUR 1.5 million […]
Bulgaria’s coal regions will receive BGN 1.58 billion (EUR 808 million) through the Just Transition program, under the European Union’s Just Transition Fund (JTF), for energy efficiency, renewable energy, and green hydrogen projects, as well as for converting mining areas for commercial use. With a EUR 598 million program already underway, total investments in the […]
The European Energy Communities Facility has launched its first call for proposals to support the development of comprehensive business plans for community energy projects. Emerging energy communities in 27 European Union member states, Iceland, Moldova, North Macedonia, and Ukraine can apply for a lump sum grant of EUR 45,000 per beneficiary. The European Energy Communities […]
The Romanian Ministry of Energy has signed 29 more grants to public entities for investments in solar power plants for self-consumption, bringing the total number of projects under the program to 1,046. The latest round of grants is worth EUR 11.3 million, putting the total sum approved so far at EUR 502 million. The 29 […]
The Federation of BiH, one of the two entities constituting Bosnia and Herzegovina, has launched a grants program to co-finance the installation of rooftop solar power plants, expected to cover around 500 households a year and lead to an increase of 4.2 GWh in renewable electricity production. Operator for Renewable Energy Sources and Efficient Cogeneration […]
Slovenia’s Ministry of the Environment, Climate and Energy, in cooperation with electricity market operator Borzen, has allocated nearly EUR 17 million in grants for businesses planning to install battery storage systems. The grants are intended for the purchase and installation of battery storage units, hybrid inverters, and electrical installations and equipment. The subsidy can cover […]
Bosnia and Herzegovina has secured EUR 83 million for a just transition project, which includes installing renewable power plants, social protection measures, and skills development in coal regions. The funds are for the Federation of BiH, one of the two entities constituting Bosnia and Herzegovina. The Board of Executive Directors of the World Bank has […]
The Croatian government has approved EUR 30 million in grants to businesses for investments in renewable energy production and energy efficiency measures. The Ministry of Environmental Protection and Green Transition and the Environmental Protection and Energy Efficiency Fund (EPEEF or FZOEU) have awarded 46 grant contracts to companies for projects focused on generating electricity from […]