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Production is expected to begin at the site in 2024
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The Network consists of 41 member countries, representing around $43tn or 86% of the total banking assets in emerging markets, aiming to transform their financial sectors towards sustainability
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European Bank for Reconstruction and Development to lend Novi Sad €7 million as part of Green Cities initiative
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It consists of 38 turbines and has a total capacity of 104MW
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The financing will help improve the energy efficiency of up to 40 multi-storey buildings to help lower energy consumption and reduce CO2 levels
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The money will help develop and implement innovative climate-friendly projects across the country
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