Invest In Network

🎄✨ May this holiday season bring you joy, relaxation, and cherished moments with your loved ones. Here’s to a bright, successful, and sustainable 2025! 🌍💚

⚡ Exciting News! Energy Week Black Sea 2025 is on the horizon! 🌍 Join us as we bring together key players from the energy sector to discuss the future of energy in the Black Sea region. 💡 📅 Save the Date: 2-4 April 2025 🌐 Visit: www.bsenergyweek.com #EWBS #GreenFinance #EnergyTransition #BlackSea

A panel of finance experts at Energy Week Western Balkans 2024 highlighted the urgent need for innovative financing models to support the growing demand for renewable energy in the region. Representatives from EBRD, European Investment Bank (EIB), UK Export Finance, and Finance in Motion discussed tailored financing mechanisms, such as long-term power purchase agreements (PPAs), blended finance structures, and bridge-to-merchant financing, that could address the high capital costs and long lead times typical of renewable projects.  UKEF’s representative, Duško Krsmanović, added that public institutions like UKEF can play a vital role by enhancing the credit profiles of sovereign-backed renewable projects, reducing financial risk for commercial banks and private investors.  https://lnkd.in/eUYt68dZ #EWWB

At the Energy Week Western Balkans 2024, energy developers and traders called for more transparent and stable market frameworks to support renewable energy growth in the region. Branimir Beljan from Danske Commodities explained that inconsistent regulations and a lack of harmonised balancing rules create additional risks for #traders and #developers operating across Balkan borders. He noted that the current setup forces developers to rely on Hungarian energy prices as a reference, even though these prices may not reflect local market conditions.  https://lnkd.in/eGhr5mN6 #EWWB

Infrastructure improvements across the Western Balkans are urgently needed to support the region’s energy transition, experts revealed at Energy Week Western Balkans 2024. European Investment Bank (EIB) has already made significant investments to support regional grid improvements. Kadir Bahcecik from EIB shared details of their projects to modernise outdated grid systems, such as upgrading analogue to digital meters and funding transmission enhancements to reduce grid losses.  https://lnkd.in/ewg--xH4 #EWWB

At Energy Week Western Balkans 2024, #Montenegro’s commitment to renewable energy took centre stage. Milutin Đukanović, Chairman of the Board of Directors of Elektroprivreda Crne Gore AD Nikšić, outlined plans to deploy battery #storage solutions and maximise the use of #hydropower infrastructure to enhance energy efficiency.  https://lnkd.in/eGUpCask #EWWB

At Energy Week Western Balkans 2024, The World Bank highlighted the importance of an enabling environment to attract private-sector investments in renewable energy.   Christopher Sheldon, World Bank Country Manager for Bosnia and Herzegovina and Montenegro, outlined plans for targeted infrastructure upgrades, including #grid enhancements to accommodate renewable energy sources. https://lnkd.in/eEwmp2bS #EWWB

BELEN - Berza električne energije / MEPX - Montenegrin Power Exchange is making significant strides toward coupling its electricity market with Italy’s, projected for completion by 2027. Dejan Draskovic, CEO of MEPX, announced the initiative at the Energy Week Western Balkans 2024, noting that this step would open new opportunities for cross-border trading and improve liquidity within Montenegro’s relatively small market. https://lnkd.in/edYjJis3 #EWWB

Alcazar Energy Partners shared its vision for community engagement and environmental, social, and governance (ESG) compliance during Energy Week Western Balkans 2024. Daniel Calderon, Co-founder and Managing Partner at Alcazar Energy emphasized that sustainable development in the #WesternBalkans requires more than financial investments. He shared examples of how Alcazar’s projects have worked with local communities, such as installing solar-powered water systems in Jordan and creating agricultural micro-economies for local residents. https://lnkd.in/e4gCXygm #EWWB #ESG #renewables

📽️ We are thrilled to share a recap video that captures the energy, collaboration, and momentum of Energy Week Western Balkans 2024. A big thank you to our partners, sponsors, speakers, and all attendees for making #EWWB a success! Stay tuned as we continue this journey toward a sustainable energy transition in the Western Balkans.