Industrial News
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The first project for emission reduction has been submitted by Russia to the UN-backed Joint Implementation (JI) carbon offsetting mechanism and at the same time increasing the number of projects authorized to issue carbon credits under the scheme,The Russian government has submitted its first project under the so called track 2 procedure according to the UN’s...
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Poland has exceeded most peoples expectations as its GDP grew by 3..5% in Q2 in 2010 and now the last two quarters will be expected to be in the range of 3.0%-3.5%....
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Siemens is to develop one ecofriendly combined-cycle power plant in Hungary and will employ 500+ people during the construction phrase and then 50+ jobs once the construction has finished. The project will cost in the region of EUR 1 billion and will be in the Hungarian city of Szeged. Once in operation, each location will provide jobs for about 50 highly qualified...
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Environmentalists have criticized Poland’s plans to give away tens of millions of carbon emission permits to new power stations which would amount to billions of euro's in subsidies for new coal power plants locking more coal in the Polish energy mix. The EU's climate Chief Connie Hedegaard says she is not worried for the time being but the decision will...
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The Energy Regulatory Office informed at the beginning of July that wind installed capacity in Poland at the end of the first half of 2010 exceeded 1 GW. Wind energy became the RES leader in terms of installed MW. Total installed capacity of wind farms – 1058 MW – constitutes more than 45 percent of total capacity of Polish RES installations...
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There are currently 55 EIB/EBRD funded Environmental related projects underway with in Central and Eastern Europe but the EU and the national governments of the CEE countries must ensure that these projects which benefits as questions are being asked on whether the funding would be better spent in other areas....
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The National Fund for Environmental Protection and Water Management in Poland has just announced the 3rd round for applications to apply for co-financing and partnership agreements under the agreed programmes for Highly environmental and energy efficiency and the advancement of Renewable energy projects. The 3rd round of funding has PLN 900 million allocated...
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The EBRD’s Board of Directors has adopted a new strategy for Poland, which sets out the priorities for its activities in the country over the next three years.
Although the global financial crisis brought a rapid slowdown to the Polish economy, the country has managed to weather the crisis well in comparison to other countries in the region. This mainly...
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The European Commission has authorised under the EU State aid rules Estonia's plans to support the establishment of a country wide high speed broadband infrastructure, the EstWin project.
The project aims at linking rural areas with the existing optical fibre network and give them access to high speed internet services. The Commission found the project to...
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€200 million loan to modernise Šoštanj Thermal Power Plant
The EBRD Board directors have approved today a loan of up to €200 million loan to the Slovenian state-owned thermal power plant, Termoelektrarna Šoštanj, to co-finance its modernisation programme.
Located in the city...
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