EBRD : Pilot project in Dnipropetrovsk to establish regulatory and legal framework for future investments

The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to €10 million, with an option to increase the loan to €20 million in the future, to finance energy efficiency measures in public buildings in the city of Dnipropetrovsk, one of Ukraine’s largest municipalities.

The project, which is co-financed by a €2.5 million grant from the Eastern Europe Energy Efficiency and Environmental Partnership (E5P)* – to which the EU is the largest contributor – will establish a pilot scheme of regulatory and contractual arrangements for financing energy performance contracts through private companies and banks.

It is expected that this pilot project will help replicate similar projects across Ukraine, where many other municipalities have already expressed interest in this initiative. With over 10 million buildings, the country has one of the largest housing stocks in Europe. Public buildings, including residential dwellings, which have suffered from decades of underinvestment, are a significant part of this stock. Dnipropetrovsk has over 700 public buildings and will become the first municipality in the country to test energy performance contracts. The city aims to engage private contractors to plan, finance and implement energy-saving measures, the cost of which will be covered by the energy savings achieved.

The Bank will provide funds to Dnipropetrovska Municipalna Energoservisna Kompanya (DMEK), a communal enterprise specifically established to develop and manage energy efficiency projects in the city of Dnipropetrovsk. DMEK will use the loan to finance energy efficiency measures that will be carried out by privately-owned energy service companies (ESCOs). In return for providing these investments, the city will pay DMEK the equivalent of the full energy cost savings achieved as a result of these measures.

Technical assistance for the project was provided by the government of the Czech Republic, the Swedish International Development Cooperation Agency and the EBRD Shareholder Special Fund. It will be used to prepare documentation for energy performance contracts, and tenders, as well the adjustments of newly established guidelines with the Ukrainian legislation.

The EBRD is the largest financial investor in Ukraine. As of 30 November 2013 the Bank had committed more than €8.7 billion (US$ 11.9 billion) through 318 projects in Ukraine.

source : http://www.ebrd.com

Revolve Special Edition : Heat Pumps

Can read Revolve Special Edition : Heat Pumps from the link below. In this edition you can read about how heat pumps work, about European market and perspective. report is full of useful information.

Revolve Special Edition : Heat Pumps (pdf).

RWE Serbia 2014 - International trade fair for renewable energy

Organisation decided to merge  two specialized Exhibitions SOLAR & BIOMASS into one. With new logo we combine all areas renewable energy under one Brand, RWE – International Exhibition for Renewable Energy; Logo RWE in 2014 will use parallel with trademarks Solar & Biomass, from 2015- RWE will be trademark alone

RWE promote solar energy, biomass, wind, photovoltaic, biogas and biofuels, geothermal and hydropower.

RWE encourages and promising new market offer, promote the use of renewable energy sources, provides comprehensive information on the latest developments, trends, services and products.

RWE will give an opportunity to the technical and professional experts to share the same platform and to exchange new and innovative ideas, thoughts and views with each other.

source : www.icm.si

EBRD – strengthens focus on sustainable energy

The European Bank for Reconstruction and Development (EBRD) has adopted a new strategy that will guide its investments in the energy and natural resources sector for the next five years.

In this strategy the Bank – already the largest investor in renewable energy and energy efficiency projects in its region of operations – sets out a commitment to helping its countries of operations move toward a sustainable energy future.

The EBRD region, which stretches from Morocco to Mongolia, is faced with a challenge of providing sustainable, secure and affordable energy. The energy strategy identifies energy efficiency as the first and best response to this challenge.

EBRD Managing Director for Energy and Natural Resources, Riccardo Puliti, said: “Our region of operations is dealing with the legacy of decades of command economies, which created some of the most wasteful energy sectors on the planet. What the EBRD brings to this challenge is our focus on structural reform. We have learnt from our work that, when properly channelled, market forces can be harnessed to make energy sectors more sustainable – environmentally, economically and politically.”

The new strategy also sets out the EBRD's revised policy in two key areas. In the document, the Bank builds on its well-established support for the Extractive Industries Transparency Initiative by requiring clients operating in the extractive industries sector to disclose subsoil contracts and licenses as well as all payments they make to local and national authorities.

In the case of coal-fired generation the strategy supports the move to lower-carbon fuel sources in response to the challenge of climate change. In alignment with other IFIs, the EBRD will not finance any coal-fired power generation projects except in rare and exceptional circumstances in which there is no feasible alternative energy source.

The strategy also reinforces the EBRD's growing support for renewable energy, which will include financing both energy-generating capacity and key infrastructure such as transmission lines and backup generation.

Riccardo Puliti added: “We place great importance on combining our investments in renewables with policy dialogue and technical cooperation. For example, we have worked with countries that are highly dependent on fossil fuels – such as FYR Macedonia, Kazakhstan, Serbia, and Ukraine – to develop renewable energy projects and regulation that allows them to develop a cleaner, more diverse energy mix. We have also developed and invested in the first wind farm in Mongolia – where it was also the first new energy generator in 30 years.”

The EBRD strategy is the first to be adopted for the energy sector since the Bank began working in the southern and eastern Mediterranean (SEMED) countries of Egypt, Jordan, Morocco and Tunisia. It focuses on the challenges and opportunities these countries face, in particular, how to meet rising demand, reduce energy subsidies, minimise water consumption and exploit the superb wind and solar resources in the region.

Since 2006 the EBRD has invested €8.8 billion in the energy and natural resources sector. Over that period the Bank has made direct investments worth more than €2 billion in the renewables sector, with an additional €760 million channelled via local banks. The EBRD has also invested over €675 million in energy security projects in Europe, such as Polskie LNG or gas storage in Hungary, Serbia and Croatia.

Coal-related projects – mostly dedicated to improving the efficiency of existing plants –accounted for 6 per cent of the Bank’s work in the sector.

The EBRD is also actively engaged in helping countries to switch from coal to gas. In the latest deal to address this issue the Bank arranged a loan in roubles equivalent of €280 million to Russia's InterRAO to move away from using old coal-fired plants in the Urals by decommissioning them and switching to a much more efficient and environmentally friendly combined-cycle gas turbine.

Under the EBRD's Sustainable Energy Initiative, which includes the energy and natural resources sector as well as other sectors such as infrastructure, the Bank has invested over €12 billion since 2006 in energy efficiency and renewable energy projects.

source : EBRD

EBRD invests in energy efficiency and renewable energy in Moldova

Investments by the European Bank for Reconstruction and Development (EBRD) in energy efficiency and renewable energy in Moldova have reached €100 million under the EBRD’s Sustainable Energy Initiative (SEI).

This milestone will be announced in Chisinau during the Moldova Eco-Energetică awards ceremony on 6 December that celebrates the best initiatives in Moldova’s sustainable energy sector.

Moldova Eco-Energetică – staged by the Moldovan Economy Ministry, with support from the European Union and the United Nations Development Programme – brings together high-level officials as well as representatives from the diplomatic community, international organisations, civil society and academia.

Octavian Costaș, the acting head of the EBRD’s Resident Office in Chisinau, said: “Strong dependence on energy imports is one of the biggest challenges facing Moldova. Helping the country address this by investing in alternative energy sources and improving energy efficiency, in both the corporate and residential sectors, is at the core of the EBRD’s strategy in Moldova. Our energy efficiency agenda encompasses a wide range of sectors: we are working with businesses, banks, utilities, municipalities and households to help them move towards their own energy independence and enhance their energy efficiency, which will save them both energy and money.”

To date, around 100 private companies have received financing from the EBRD via Moldovan partner banks, under the extended Moldovan Sustainable Energy Financing Facilities (MoSEFF I and II), which brings EBRD financing for energy efficiency in corporate sector to almost €25 million, of almost €40 million available under the facilities.

In addition, almost 100 small and medium-sized enterprises (SMEs) have received advice from specialised consultants on how to save energy, as part of the Energy Efficiency Initiative of the EBRD’s Business Advisory Services, and backed by the Swedish government.

Furthermore, households are saving energy and paying lower bills thanks to EBRD financing, via partner banks, of energy-saving improvements in their homes under the €35 million Moldovan Residential Energy Efficiency Financing Facility (MoREEFF).

Both MoSEFF and MoREEFF are supported by comprehensive technical assistance, and by incentive grants for partner banks and sub-borrowers. This support is provided by the European Commission through the Neighbourhood Investment Facility (NIF) and TACIS funds administered by INOGATE, and by the Swedish government through SIDA.

Beyond positively reflecting on businesses and people’s lives, these investments bring significant environmental benefits. Sustainable energy projects in Moldova are expected to reduce annual CO2 emissions by 95,000 tonnes.

In order to promote the Moldovan energy agenda, the EBRD has been engaged in an intensive policy dialogue with the government and regulators. In 2011 the Bank signed a Memorandum of Understanding with the government to scale up investments in the sustainable energy sector, improve the business environment for such investments and remove key barriers to market development.

The efficient use of energy and sustainable energy investments could be significantly boosted with an improvement in policies and regulations. The EBRD is supporting the Ministry of Construction and Regional Development in amending the Law on Energy Efficiency and the Housing Codes. This cooperation is aimed at creating a legal framework that will facilitate home-owners’ associations and condominiums to gain access to funding from partner banks for investments in more efficient materials and equipment. The Bank is working with ANRE – Moldova’s energy regulator – on introducing the feed-in tariffs methodology for renewable energy. Furthermore, the EBRD is co-chairing the recently created advisory body to the Ministry of Economy, which brings together policy-makers, SMEs and donors to coordinate energy efficiency efforts, which is aimed at helping Moldova become less energy intensive.

Most recently, Moldova has joined the Eastern Europe Energy Efficiency and Environment Partnership (E5P) in a move designed to significantly boost support for energy efficiency and reduce harmful emissions. The partnership, which is managed by the EBRD, will soon be able to implement its first projects in Moldova.

Investing in sustainable energy is one of the EBRD’s top priorities in Moldova. In 2013, 25 per cent of the Bank’s projects signed in the country were sustainable energy projects.

source : EBRD 

Report on changes of support scheme for PV in Europe

The photovoltaic (PV) technology has grown over the past decade at a remarkable pace, becoming a major source of energy globally. The world's cumulative PV capacity surpassed the impressive 100-gigawatt installed electrical power mark at the end of 2012, capable of producing as much annual electrical energy as 16 coal power plants or nuclear reactors of 1 GW each.

In spite of this, over the past years the European solar PV sector has been continuously
facing retrospective measures directly attacking the stability and viability of existing PV
installations in a number of European countries. Such measures, as well as unexpected and sudden  support scheme changes and other negative measures, seriously damage the investment climate for  PV. They also have a negative impact on PV at European and global levels, as they artificially turn PV  into a risky investment, while it is normally not, thanks to its fuel independency.

Can read full report hire .

Energy Revolution In Romania In 2014 - discussion with Cosmin Trif, Marketing Strategy R.E.S. Group, organizer of the RoEnergy Romania Trade Fair

Why will be a Energy Revolution In Romania In 2014?
Thus, according to ANRE, private households  and small businesses will benefit, starting with 2014, of subsidies  for the installation of small production units of renewable energy (solar PV, wind, small hydropower, biomass, biogas), which will cover their consumption needs.

According to the Agency for Energy Regulation (ANRE), the feed in tariff would be around 200 euros / MWh, and subsidies will be given for 15 years.

Also in 2014, analysts estimate that fundings to increase energy efficiency, both in industry and in the residential and social, will considerably increase. Therefore, will increase investments in photovoltaic, biogas, biomass, cogeneration and hydropower as sustainable alternative fulfillment of long-term economic  aspirations.

Would you want to be updated with the Romanian renewable market?
The simplest way is to attend at the fourth edition of the RoEnergy Bucharest 2014 Trade Fair-International Trade Fair of Renewable Energy and Energy Efficiency which will take place in 11, 12, 13 June 2014 at ROMAERO, district  1, in Bucharest, the most important industry Event of Renewable Energy and Energy Efficiency in Romania, returns  to the capital of Romania with a new interactive and a more diversified approach.

Besides the Exhibition, under the  RoEnergy Trade Fair "umbrella"  will be a series of events from which we are mentioning few: Solar Conference in Romania ( Thermal and PV sector), German Day at RoEnergy,  Italy Day at RoEnergy, Workshop AREL, Economic Missions, Greece  Day at RoEnergy, Bioenergy Conference etc.

From 2010 until present  the RoEnergy Trade Fair facilitated thousands of contacts with the local and foreign companies and also with the authorities from Romania. Basically, in most cases we can say that the RoEnergy Trade Fair was the gateway to Western companies entering Romania. There were cases in which some companies did not know anything about Romania until participating to the RoEnergy Trade Fair. And the greatest satisfaction of ours is to see that those companies currently hold significant  RES investments in the Romanian market - said  Mr.Cosmin Trif, Marketing Strategy R.E.S. Group, organizer of the RoEnergy Romania Trade Fair.

RoEnergy Bucharest Trade Fair 2013 Retrospective
At the previous RoEnergy Bucharest Trade Fair had  stands companies coming  from 13 countries from 3 continents: Europe (Germany, Italy, Greece, Poland, Spain, Bulgary, France, Turkey, Hungary, Romania, etc), North America (USA) and Asia (China, South Korea).

The RoEnergy Bucharest 2014 Themes
Trade Fair Themes (selection): solar(PV and thermal), bioenergy (biogas, biomass, biofuels, CHP), wind energy, hydropower, energy efficiency, energy infrastructure.

Info regarding ReEnergy: 
tel/fax : +40.357.436.266
mobil: +40.772.262.915
e-mail press@roenergy.eu
SC R.E.S. Group SRL

From 2014, a new opportunity for energy companies to invest in Romania

 After the solar and wind farms boom  and solar thermal tow years ago in Romania is expected to take place the real energy revolution: energy production, in small installations, for their own consumption. ANRE will approve rules that will encourage the installation of small production capacity of green energy up to 1 MW for wind, solar and small hydro plants and up to 2 MW for biomass and biogas plants.

On the other hand solar thermal in 2014 will be not sow popular. Local program Green House, stopped in 2011 will be not open next year and this will make to be a low market for thermal.

Frimu Ghinea


EFA launches Renewable Energy Programme-Rondine

Environment Fund Administration, as Programme Operator for ”Renewable Energy RO06” – Rondine, launching of the Programme funded under the EEA Grants 2009-2014.

The event brought together representatives of the Norwegian Embassy in Romania, the Ministry of Industries and Innovation in the Republic of Iceland, the Ministry of Environment and Cli-mate Change, Ministry of European Funds, representatives of Programme Partners form Donor States and other Programmme Operators, and potential beneficiaries from Romania with Norwe-gian and Icelandic partners.

Grant amount allocated to the program, including national contribution is 8,387,406 euros, to be supplemented with 4.27 million euro funding from Donor States.The programme has two components: hydropower and geothermal.

The hydropower component aims to achieve initial investment and refurbishment of hydropower plants, with the purpose of extending the production capacity of electricity from renewable sources. The geothermal component aims to achieve initial investments and reengineering of the thermal energy production plant that use geothermal energy, for the purpose of extending (in-creasing) the capacity for thermal energy production from renewable sources. Projects intended for locations where a heat distribution system is already in place will be eligible, including con-nections users, requiring only a connection to a geothermal source.

The eligible applicants for the hydropower component are public or private commercial entities. For the geothermal component, the eligible applicants are public or private commercial entities and/or local administrative units/authorities.
Also, during the seminar organized between potential beneficiaries from Romania and Norway and Iceland entities, possibilities for strengthening bilateral relations and facilitate the develop-ment of partnerships were discussed.

The Enviroment Fund Administration (EFA) has as main objective the implementation and fi-nancing of several types of programmes for sustainable development of Romania that will con-tribute to improve environmental infrastructure.

In recent years, EFA has funded from the Environment Fund programmes that have increased the implementation and use of renewable resources in pursuit of solar panels, wind, solar, biogas or biomass, hydro and geothermal plants.

Since 2012, by signing the Memorandum of Understanding with the governments of Norway, Iceland and Liechtenstein for the implementation of the EEA and Norway Grants 2009 – 2014, the general framework for the allocation of funds has been established on assistance granted by them on the following period.

The Environment Fund Administration has been designated Programme Operator on October 18, 2012, to promote the renewable energy use.

Through the European Economic Area (EEA) Agreement, three non-Member States of the Euro-pean Union, namely Norway, Iceland and Liechtenstein, part of the European internal market contribute to regional cohesion through programmes such as the EEA and Norway Grants. Of these, Norway is the largest donor, contributing with 97 percent of the total. EEA and Norway Grants are also intended to strengthen bilateral relations between the Donor States and Romania.

South-East European Exhibition on Energy Efficiency and Renewable Energy 2014

In the context of the dynamic climate changes and continuously rising prices of conventional energy sources, now more than ever a necessity of urgent upgrade of the global energy systems with aim to make ready it for meeting the numerous future challenges comes to the fore.

The improving of the energy efficiency and green energy are key priorities in the policies of the countries of South-East Europe, which will ensure energy independence, reducing the negative impact on the human health and environment.

For the 10th consecutive year Sofia will host the Exhibition on Energy Efficiency and Renewable Energy with a geographical focus South-East Europe. It corresponds to the  world trends and presents latest energy efficient solutions, systems for energy storage, technologies for the production of bio-, hydro, solar, geothermal and wind energy, energy from waste and electric vehicle innovation.


Date: 5-7 March 2014
Frequency: Annual
Sequence: 10th edition
Organizer: Via Expo
Venue: Sofia, Inter Expo Center

More info on link : http://viaexpo.com

Feed-in-tariffs for PV in Greece

Information regarding feed-in-tariffs for PV in Greece can see on this file.

Frimu Ghinea

Romania : Roundtable on the impact of new provisions / tax on renewable energy projects

The Diplomat – Bucharest, the leading English language business magazine in Romania organizes on Tuesday December 10, 2013, starting 9:00 AM, at InterContinental Hotel - Rapsodia Hall, the “Accounting and Financial Reporting for Green Incentives” exclusive roundtable.

Representatives of the Romanian Ministry of Public Finance and of the national energy regulatory bodies will meet top players in renewable energy to share their views on how the actual energy tax regulations might be optimized. In this open discussion informal meeting we will address practical issues related to the impact of new provisions / tax on renewable energy projects, changes in RES-E legislation and support scheme.

9:00 - 9:30 - Registration and Welcome coffee
9:30 to 9:50 Opening address
Dan Manolescu , State Secretary , Ministry of Public Finance
9:50 to 11:30 Open Discussions
Moderator: Valeriu Binig , Director Energy & Resources, Deloitte Consulting

Topics to discuss:
Current market conditions and future potential of renewable energy projects:
- Overview on the legislative and regulatory framework for electricity produced from renewable sources
- National renewable energy targets till 2020, changes in RES-E support scheme, impact of new energy balancing market regulations
Accounting and taxation, trade operations:
- Taxation in spot market operations / energy balancing market operations taxation / financial reports of license holders
- Tax on assets

11.30-12.00 Questions and answers
12.00 Networking lunch

The event will be attended by authorities, local, regional and international renewable energy projects developers of suppliers and equipment suppliers, consultants, lawyers, etc.

More info hire.

EU imposes definitive measures on Chinese solar panels. Tow years with duties taxes.

The Council  backed the Commission’s proposals to impose definitive anti-dumping and anti-subsidy measures on imports of solar panels from China. In parallel, the Commission confirmed its Decision accepting the undertaking with Chinese solar panel exporters applied since the beginning of August.

The Council confirmed the level of the duty for those Chinese exporters of solar panels who cooperated with the investigations. The duties stay unchanged at an average of 47.7% and will apply for two years as of 6 December 2013.

The imposition of definitive measures needs to be seen in the context of the amicable solution reached with China which resulted in the undertaking. This undertaking, applied as part of the anti-dumping proceedings, is now confirmed and has been extended to the anti-subsidy proceeding. Hence, the final anti-dumping and anti-subsidy duty rates will apply only to those exports from China which do not meet the conditions set out in the undertaking. Those Chinese exporters that participate in the undertaking are exempt from paying the anti-dumping and anti-subsidy duties.

More on European Commision.


Baxi Romania Enters Insolvency

In November 2013, it became clear that Baxi Romania, part of BDR Thermea, entered insolvency after the Ilfov Court approved its request. According to data published by the court, the company’s legal administrator is Cabinet Individual de Insolventa (CII) Giurgiu Calin Dan.

Last year, Baxi Romania reported a turnover of around RON 12.9 million (EUR 2.9 million), but with losses of RON 590,700 (EUR 133,200).

Frimu Ghinea

DOCTORIS ATH.SA seminar in Thessaloniki

The seminar will take place this Saturday, 07.12 at 10.30 in room TCG / SCM Electrical Engineers Association building located in Northern Greece Alexander Avenue 49 (coastal) in Thessaloniki.

The new generation of heat pumps THERMOCOLD
- Heat pumps high temperature double compression cycle DUO 80C Light-Heavy
- High Temperature Heat Pumps 90C CO2 (R744) ECO2
- Applications - examples
- Presentation of products DAESUNG CELTIC
- Discussion, questions

For more info please send email to info@doctoris.gr

PV Platform Romania 2014

REECO - International trade fair and conference organiser for renewable energy and energy efficiency all over Europe- is happy to invite you to the 2nd International PV Platform in Romania, 9-11/04/2014 Expo Arad International! The event expects:        

- Over 50 exhibiting key players    
- more than 2000m2 exhibition space    
- 120 conference participants    
- 2000 visitors to a unique and central event in the border triangle between Romania, Hungary and Serbia.

Meet the market at one place!          
Photovoltaic energy sector in Romania has one of the highest growing potential in Europe due to the law that offers for investors in this sector 6 green certificates for each MWh installed until the 1st of January 2014. This is one of the sectors with more and more investments and Romania is seen in this respect as the next target country for the start of photovoltaic projects.

Trade Fair      
Between the 9-11/04/2014 PV Platform Romania expects the most important business players to a high quality exhibition on more than 2000m2 in the third-largest convention centre of Romania. The city of Arad is an ideal trade fair location due to its position in Romania and South-East Europe: 5 capitals are in-between 500km: Belgrade, Budapest, Vienna, Bratislava, Sarajevo and the infrastructure is highly built out with highways. PV platform Romania creates the bridge and binding point between the national market players and international investors through its complex event structure and networking possibilities.

In the framework of the 2 days international PV Conference – Changes & Risks the participants can get informed from 1st class speakers about the latest trends on European level, the news in Romanian legislation; can get practical information about the development of multinational companies, and can receive a compact market view on the Romanian PV market.

Side Events
PV Platform Romania creates an ideal meeting point for PV experts from Romania and abroad to exchange know-how, get in touch with key persons from PV field Romania and present their products and services on the Romanian Market. The side events consist of specialist forums and meeting  and also professional networking evenings and city tour.          

Event Target Groups
Chief executives, product managers and project developers of module and cell manufacturers, producers of inverters and power components, suppliers of foundations, substructures, cabling and other components
Planners, contractors, installers, engineering and construction companies
Utilities and manufacturing / service companies from the conventional power industry
Sales managers responsible for large-scale systems
Insurance companies, brokers and agencies
Investment banks and investors
Political representatives
Energy agencies
Attorneys involved in large-scale PV projects
Journalists addressing economic, technological and energy issues

More info on www.enreg-expo.com

Greek PV Market Statistics Jan-Sep 2013

Hellenic Association of Photovoltaic Companies ( HELAPCO ) publish statistics regarding photovoltaic market in Greece.

You can read-it hire.

Frimu Ghinea

Aqua-Therm Kyiv 2014 - the largest and best-known trade exhibition in Ukraine for the HVAC industry

Taking place on 13 - 16 May 2014, at the International Exhibition Centre (IEC) in Kyiv, the event features hundreds of domestic and international industry players who are keen to promote their latest products and technologies to industry specialists such as installers, dealers, engineers, architects, regional distributors and municipal buyers.

In 2013, the event was attended by 37,794 specialist trade visitors. Furthermore, 636 exhibiting companies represented 28 countries worldwide.

For more information visit http://aquatherm-expo.com/kyiv/home.aspx


See on

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