Energoatom is currently unable to serve loans from European institutions. Even though a European Commission study assessed the company’s credit worthiness, Ukrainian taxpayers now have to pay back part of the loans.
Czech environmental and law groups have proposed a law amendment to revive the disadvantaged renewable energy sector in their country. Karel Polanecky from Bankwatch member group Hnuti Duha explains their initiative.
On June 23 mudflows from the Devdoraki glacier again hit the Dariali gorge and washed away a road and infrastructure connected to two hydropower projects planned in the north of Georgia. The destruction included the water intake for the 19 megawatt Larsi hydropower plant and the derivation pipes for the Dariali hydropower plant.
The possible cancellation of the Serbian government’s decision to construct a new 350 MW unit at the Kostolac B lignite power plant was discussed on June 23 at the national administrative court of Serbia.