EBRD extends €17m loan to Georgia for 175 electric buses

The cities of Gori, Kutaisi, Poti, Rustavi, Telavi and Zugdidi will receive the clean vehicles

Oil refinery in Egypt lent $50m for energy efficiency upgrades

The measures are expected to help reduce carbon emissions by around 289,000 tonnes

EV battery gigafactory in Poland granted €250m

The €2.8bn LG Chem facility in Wrocław is expected to have a total production capacity of around 65GWh to 70GWh a year by 2022

New $30m loan to support business energy efficiency in Egypt

They will cover investments in technologies such as thermal insulation, solar panels, geothermal heat pumps and water-efficient irrigation systems

Electricity pylons
EU grants €40m for Moldova-Romania power link

The interconnector, scheduled to be completed by 2024, is expected to considerably enhance the stability and reliability of Moldova’s electricity supply

Serbia’s ‘largest’ onshore wind farm powers up

It consists of 38 turbines and has a total capacity of 104MW

Energy efficiency in Serbia gets €2.5m boost

The financing will help improve the energy efficiency of up to 40 multi-storey buildings to help lower energy consumption and reduce CO2 levels

London-based bank invests €23m in French renewable energy firm

The European Bank for Reconstruction and Development is buying a 2.8% interest in Voltalia

Solar power project in Ukraine secures €34.7m financial backing

The 55.4MW project is expected to reduce carbon emissions by more than 36,000 tonnes a year

London-based bank lends €18m for Kosovo’s first wind farm

The 32.4MW wind project at Kitka will increase annual electricity generation by more than 1.4%