The UN Environment Programme (UNEP) and the European Investment Bank (EIB) launched the Global Environment Facility (GEF) Mediterranean Pollution Hot Spots Technical Assistance initiative, which aims to reduce pollution in the Mediterranean...

The European Investment Bank has agreed to phase out its multibillion-euro financing for fossil fuels within the next two years to become the world’s first ‘“climate bank”.The bank will end its financing...

The European Investment Bank announced on Thursday that it would commit €50 million in loans to finance 9 wind power projects developed by the Spanish firm Forestalia Renovables which will be built...

To urge the European Commission to develop a comprehensive strategy for energy flexibility, the European Parliament has adopted two strategic documents – a resolution on the Net-Zero Industry Act and its own...

Over the past decades, the European Union has achieved significant success by creating a single market, reducing trade barriers within Europe, and establishing global trade agreements. This progress has led to economic...

In her 2023 State of the European Union speech, Ursula von der Leyen addressed the challenges facing Europe’s wind industry and announced a Wind Power Package to address key bottlenecks:Faster permitting; ...

To move closer to achieving carbon neutrality, Turkey has launched the Industrial Decarbonization Investment Platform (TIDIP) in Ankara. The platform aims to attract investments worth 5 billion dollars by 2030, resulting in...

By investing in more than 70 green projects so far, Erste Bank has significantly contributed to the reduction of harmful gas emissions, the increase of electricity production from renewable sources and the...

In the first half (H1) of 2024 Europe added 6.4 GW of new wind energy capacity: 5.3 GW onshore and 1.1 GW offshore. The EU-27 built 5.7 GW of this: 4.7 GW...

The regional conference “Hum (Balkan) Investment Energy Summit” - “Conference on Renewable Energy Sources (RES), Energy Efficiency, and Environmental Protection” will be held tomorrow at the location of the “Bosnian Pyramids –...

Which wind and solar power plants will participate in auctions for market premiums, how European manufacturers of wind generators, solar panels and other equipment are fighting with competition from China, and what...

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have launched a joint facility to provide equity investments for the exploration of critical and strategic raw materials, aiming...

The European Bank for Reconstruction and Development (EBRD) is lending over 46 million euros as part of a 93 million euros financing package to build and operate a 102 MW onshore wind...

The European Bank for Reconstruction and Development (EBRD) is providing 60 million euros in financing to OTP Banka in Serbia. As part of the financial package, 10 million euros will be lent...

Momentum behind low-emissions hydrogen continues to grow despite the slow roll-out of financial incentives and stubborn cost pressures that threaten to delay projects, a new IEA report says today. But production levels...

The Commission published the Terms and Conditions (T&C) for its pilot auction dedicated to European renewable hydrogen production. It is an important step towards scaling up production of renewable hydrogen in the...