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The European Bank for Reconstruction and Development (EBRD) said it plans to provide Serbia with a sovereign loan of up to 30 million euro ($29.33 million) loan to finance investments in renewable district energy in several district heating companies in the country.
The project will support the integration of solar-thermal, heat pump, waste heat and geothermal technologies in existing district heating systems in several small and medium-sized municipalities through decarbonisation of the district heating systems by introducing at least 142 GWh of produced renewable heat, the EBRD said in a project summary document on Thursday.
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