Serbian city lent €7m to roll out cleaner buses

The CNG-powered buses will replace part of the old diesel fleet and are expected to reduce carbon emissions by at least 70%

Wind turbine
EBRD lends €58m to finance Kosovo’s biggest wind farm

The facility will represent around 10% of Kosovo’s total installed capacity when complete and reduce annual carbon dioxide emissions by roughly 247,000 tonnes

London-based bank pledges $50m to help Moldova secure emergency gas

Moldova faces the risk of disrupted supply if Russia and Ukraine fail to extend a gas transit agreement that expires on 31st December 2019

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