EBRD to finance solar-thermal power plant in Serbia

The European Bank for Reconstruction and Development (EBRD) is investing up to €105 million ($109. 5 million) in a large-scale solar-thermal plant in Novi Sad, Serbia. The project is expected to reduce the district heating agency's natural gas consumption by around 29%. The European Bank for Reconstruction and Development (EBRD) is providing a sovereign loan of up to €105 million ($109. 5 million) for a large-scale solar-thermal plant in Novi Sad, northern Serbia. The funding, for Novi Sad's district heating company Novosadska Toplana Novi Sad, will finance the construction of the plant, set ...

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