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 […]
Montenegrin electricity distribution system operator CEDIS plans to invest EUR 30 million this year or EUR 6 million more than in 2024. The increase in investments demonstrates greater ambitions year after year and that grid works are becoming more intensive and demanding, according to CEDIS. The country’s distribution system operator (DSO) said it would increase […]
The first tokenization in Serbia’s energy sector has been completed, with AVR Solar Park selling 80% of AVR Solar Tokens, worth EUR 600,300, out of EUR 725,000 on offer. The company emphasized that this innovative financing model has the potential to address the issue of unfavorable financing conditions in the Serbian market. The recepits from […]
Montenegrin distribution system operator (DSO) CEDIS has secured funds for the installation of an advanced grid management system and procurement of smart meters. The EUR 40 million package consists of a EUR 35 million loan provided by the European Bank for Reconstruction and Development (EBRD) and a EUR 5 million grant under the European Union’s […]