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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...

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...

Number 32 – October 2023

It is our pleasure to share with you the news that in October, we are celebrating the tenth birthday of the Energy Portal. We started the business as a small team, which...

Commission welcomes agreement between European Parliament and Council on Nature Restoration Law

The Commission welcomes the provisional agreement just reached between the European Parliament and the Council on the Nature Restoration Law. Once adopted and applied in the EU Member States, the law will...

RENEWABLE SOURCES KEY TO ENERGY SECURITY

Warm sea, pleasant climate and authentic architecture - this is perhaps the shortest description of one of the most popular tourist destinations on the European continent and the largest country on the...

EFFICIENCY OF PANELS MADE BY GERMAN PRODUCER LUXOR SOLAR

Luxor Solar has been a manufacturer of photovoltaic modules since 2007, with headquarters in Stuttgart, Germany. Their development and design center is also located there, in which they invest two to three...

New trends and innovative technologies in one place

The Siemens company is a symbol of innovation and technical expertise, in which numerous opportunities for learning and improvement are constantly opening up. In addition to being known for cutting-edge technological solutions,...

THE MT-KOMEX COMPANY EXPANDED BUSINESS IN BIH

Many years of experience in constructing solar power plants have positioned MT-KOMEX as a safe and reliable partner. Engineers and installers employed by the company regularly attend specially prepared trainings and have...

ABB to invest 280 million dollars in its European Robotics hub in Sweden

ABB announced an investment of 280 million dollars to expand its manufacturing footprint in Europe and build a new state-of-the-art ABB Robotics European Campus in Västerås, Sweden. The Campus will serve as...

WHY SHOULD WE ALL USE SOLAR ENERGY

We are all witnesses that the climate is changing faster and that global warming threatens the very survival of the planet and all its inhabitants. Research confirms that humans are to blame...

Upcoming EU Hydrogen Bank pilot auction: European Commission publishes Terms & Conditions

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...

Three conditions that will help scale blended finance for nature-positive outcomes

“There is no pathway to limiting global warming to 1.5C without action on protecting and restoring nature,” wrote four architects of the Paris Agreement ahead of the COP15 UN biodiversity conference last December. “Achieving...

Extreme weather is the “new norm”

From mountain tops to ocean depths, the summer of extremes continues. Heatwaves are baking large parts of the northern hemisphere, fuelling unprecedented wildfires and disrupting marine ecosystems. Floods have transformed desert landscapes....

Charging ahead: How to unlock the electric vehicle revolution

With 68 percent of people expected to live in cities by 2050, urban areas will be at the heart of the electric vehicle (EV) transition, which is well underway. The adoption of...

FARMLAND – HOME TO SOLAR PANELS AND CROPS

Solar power plants require that the land on which they are installed be accessible and sunny and that there are transmission lines nearby to release the generated energy into the power grid....

CHANGES IN THE RES SEGMENT LEAD TO A STABLE POWER SYSTEM

The long-awaited Law on Amendments to the Law on the Use of Renewable Energy Sources resolves the issue of numerous requests for the connection of new solar and wind power plants to...

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