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The Silent Balkan Killers - Transitions
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N Macedonia inks contracts with Bulgaria s Solarpro, Turkey s Fortis for 100 MW solar park project
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KfW grants 2.4 mln euro to N. Macedonia for green energy investments KfW German Development Bank
Source: kfw.de
SKOPJE (North Macedonia), February 15 (SeeNews) - North Macedonia s state-owned electricity company ESM said on Monday it signed a 2.4 million euro ($2.9 million) grant agreement with German development bank KfW for green energy investments.
ESM will use the grant to finance the development of studies for the feasibility, environmental impact and social aspects of planned green energy projects, ESM general manager Vasko Kovachevski said in a statement.
The grant will back studies for the installation of photovoltaic plants with a total capacity of over 140 MW at the REK Bitola thermal power plant, hydropower plants rehabilitation, the construction of a wind park in Miravci, the upgrade of the Energetika complex in Skopje and setting up a central heating network in Bitola.