ABB signs 500 million euros EIB financing to further drive smart and sustainable electrification technologies
ABB and the European Investment Bank (EIB), the lending arm of the European Union, have signed a 500 million euros financing agreement to support ABB’s research and development in its Electrification business area. Global demand for electricity is growing 10…
First EBRD loan to support solar power in Croatia with InvestEU
The first European Bank for Reconstruction and Development (EBRD) project with the InvestEU programme, designed to support sustainable economy projects, will finance the construction of 30 MW of new solar generation capacity in Croatia. It is the Bank’s first solar…
Additional security in gas supply for citizens, companies ensured
Minister of Mining and Energy Dubravka Djedovic Handanovic spoke today with Hungarian Minister of Foreign Affairs and Foreign Trade Peter Szijjarto about cooperation in the field of natural gas supply, the construction of oil pipelines and the strengthening of electricity…
SUBSIDIES FOR NEW GREEN VEHICLES
With subsidies for electric and hybrid vehicles, the Serbian government wants to encourage individuals to opt for environmentally friendly cars. Thus, in 2020, the regulation on the conditions and method of implementing the subsidized purchase of new vehicles that have…
Greenhouse Gas concentrations hit record high. Again.
The abundance of heat-trapping greenhouse gases in the atmosphere once again reached a new record last year and there is no end in sight to the rising trend, according to a new report from the World Meteorological Organization (WMO). Global…
Clean technologies are driving job growth in the energy sector, but skills shortages are an increasing concern
The number of jobs in the global energy sector rose in 2022 as growing investment in clean energy technologies drove demand for new workers in every region of the world, according to a new IEA report that offers a benchmark…
German companies spend significantly more on climate measures
Companies in Germany are investing more money in climate action measures, according to the German development bank KfW. One in seven euros was spent on climate projects. At €72.2 billion ($78.3 billion), the amount invested in 2022 was 18 percent…