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ADEX Group Acquires HUPX – A New Era in Regional Electricity Trading

The first regional energy exchange for Central and Southeast Europe, ADEX Group, has announced the successful acquisition of the Hungarian Power Exchange (HUPX), laying a solid foundation for enhancing liquidity, integration, and...

European Commission Invests 2.4 Billion Euros in Green Technologies

The European Commission has announced a new call for proposals under the Innovation Fund program, aimed at supporting the development of low-carbon technologies. The total budget of the call amounts to 2.4 billion...

By 2030, the Goal of 400,000 Low-Emission Trucks and Buses

The latest data on truck and bus sales in the European Union for the first half of 2024 indicate a rise in the sale of zero-emission trucks. The European Automobile Manufacturers’ Association (ACEA)...

EU: Decline in Sales of Electric and Diesel Vehicles in 2024

The European Union's automotive market saw a modest but encouraging growth of 1.1 percent in new car sales in October 2024, according to data from the European Automobile Manufacturers' Association (ACEA). As reported...

Hungary’s green progress

In recent years, countries around the world have set ambitious environmental goals. For some, these goals pose challenges that are not easily overcome, while others face failure. However, Hungary stands out as...

COP29: Climate Financing Set as a Priority

The United Nations Climate Change Conference 2024 (COP29) opened on November 11 in the capital of Azerbaijan, Baku, and will last until November 22. On the first day of the Conference, the COP29...

Sweden Closes the Baltic Sea to Offshore Wind Farms – 13 Projects Cancelled

The Swedish government recently canceled 13 offshore wind farm projects, citing military concerns as the reason. This decision has shaken the energy sector, particularly due to the closure of a large part...

New Solar Capacity in France Exceeds 3 GW in the First Nine Months

France has taken another step forward in the development of its solar capacity in 2024. By installing approximately 3.32 gigawatts (GW) of new solar systems in the first nine months, the country...

Green Growth: 30 Percent of World Regions Achieve Economic Growth While Reducing CO2 Emissions

An increasing number of regions worldwide are succeeding in combining economic growth with a reduction in carbon dioxide emissions, according to a study conducted by experts from the Potsdam Institute for Climate...

EU: Revenues from Emissions Trading Invested in Green Projects

The European Commission has selected 85 innovative projects aimed at achieving net-zero emissions, which will receive 4.8 billion euros in grants from the Innovation Fund. This is the largest call since the...

EBRD Supports Croatia’s Largest Solar Power Plant Operated by Hrvatska Elektroprivreda

For the construction and future operation of the "Korlat" solar power plant in Croatia, the European Bank for Reconstruction and Development (EBRD) has approved a loan of up to 31.6 million euros...

The World’s Largest Lightweight and Circular Solar Power Plant Opened in Belgium

In the municipality of Genk, Belgium, the world’s largest circular and lightweight solar installation was presented, located on the roof of the SABIC company. This unique solar system generates 2,000 MWh of electricity...

Hungary Launches Program to Build Chargers in Underserved Municipalities

In an effort to improve electric vehicle infrastructure, Hungary’s Ministry of Energy is launching a new program in early November focused on setting up charging stations in parts of the country where...

Highest Annual Growth of Renewables Jobs in 2023, Reaching 16.2 Million

2023 saw the highest ever increase in renewable energy jobs, from 13.7 million in 2022 to 16.2 million, according to the newly released Renewable Energy and Jobs – Annual Review 2024 by...

From Azerbaijan, One Million Cubic Meters of Gas Per Day During This Winter

The Memorandum of Understanding on cooperation in the field of green energy between the Ministry of Mining and Energy of Serbia and the Ministry of Energy of Azerbaijan was signed during a...

We Are Actively Reducing CO2 Emissions in Our Operations

This year marks the 20th anniversary of Generali Group’s first corporate social responsibility department. Two decades later, Generali demonstrates its social responsibility through four distinct roles:responsible employer, responsible corporate citizen, responsible...

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