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SUVs are setting new sales records each year – and so are their emissions
SUVs accounted for 48 per cent of global car sales in 2023, reaching a new record and further strengthening the defining automobile trend of the early 21st century – the shift towards...
OMV Serbia – Energy for a Better Life
An integrated energy, fuel, raw material, and chemical company, OMV, based in Vienna, is transforming into a leading company in sustainable fuels while playing a key role in the circular economy. The...
EBRD is Supporting Renewable Investments in Romania
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...
France Commits to Big Offshore Wind Volumes
Last year France raised its offshore wind target for 2050 to 45 GW, with an intermediate target of 18 GW by 2035. On 2 May the Government published a new offshore auction...
Satellites in the Service of Economic and Environmental Opportunities
Satellites often inspire me to write about them. Perhaps the reason for the inspiration is that they seem like a long-established concept, that they have always been here and that there is...
The New Era of Artificial Intelligence – and What it Means for the Data Center Segment
Artificial intelligence is currently the most potent force transforming how we process, analyze, and use data. Predictions say that the artificial intelligence market will reach a whopping $407 billion by 2027. We...
Is it Possible to Combine the Chemical Industry and Circular Economy?
The chemical industry is an important segment of the global economy because it employs more than 15 million people worldwide and has global annual revenues of 5.7 trillion dollars, according to data...
Procredit Bank – the New Face of Digitization
Most banks worldwide are digitizing banking services, and the challenges that their clients have to face are identical – changing their habits and accepting that digital banking brings multiple benefits. Thanks to...
Sharp Declines in Critical Mineral Prices Mask Risks of Future Supply Strains as Energy Transitions Advance
Pressure eased in 2023 on the market for minerals that go into electric vehicles, wind turbines, solar panels and other clean energy technologies, as supply outpaced surging demand. But a new report...
Two Years of REPowerEU: Strengthening Europe’s Energy Resilience
In May 2022, the European Commission launched the REPowerEU Plan in response to war in Ukraine and its use of energy resources as an economic weapon. The Plan’s main objectives were to...
Can Heavy Industry Rely on Solar Energy?
The decarbonization of heavy industry is one of the biggest challenges in fighting climate change because this sector consumes huge amounts of energy. For this reason, the use of fossil fuels is...
CEEFOR is Designing Another Power Plant
At a time when countries worldwide are searching for sustainable solutions, reaching for renewable energy sources and striving for energy independence, every new project implemented along the way is a symbol of...
Support for the Implementation of Innovative Solutions for a Smooth Green Transition
The United Nations Development Programme (UNDP) has a unique financing programme designed by the organization’s key development team. The financing programme is related to Public Calls in the form of challenges for...
With the Novaston Team, Schneider Electric has LEED Platinum Certification
The InGrid office building of the company Schneider Electric recently received LEED Platinum certification. The entire certification process, from the very beginning of implementation to realization, was led by the Novaston Project...
Italy is Considering Banning the Construction of Solar Power Plants on Arable Land
To improve agricultural production, the Italian Ministry of Agriculture, Food Sovereignty and Forests proposed a draft regulation on agriculture, which, among other things, bans the installation of photovoltaic structures on agricultural land.
According...
The Potential and Impact of Solar Panels on Water Surfaces
Solar energy is developing faster than all other renewable energy sources. There are different types of panels and many ways in which they can be installed. Ground and roof solar power plants...