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ABB and Hydrogen Optimized Expand Hydrogen Partnership, Including a Strategic Investment
ABB and Hydrogen Optimized Inc. (HOI), the Canadian technology innovator unlocking green hydrogen production at scale, have signed an agreement to expand the companies’ existing strategic relationship. This includes an investment by...
Schneider Electric is a Leader in Digitalization of Electric Energy
The need for decarbonization and reducing greenhouse gas emission has reached its peak and the important part of the entire process lies in electromobility and efforts to reduce pollution produced by the...
The World Needs More Diverse Solar Panel Supply Chains to Ensure a Secure Transition to Net Zero Emissions
Ensuring a secure transition to net zero emissions will require increased efforts to expand and diversify global production of solar panels whose global supply chains are currently heavily concentrated in China, the...
As Fuel Prices Rise, Companies Look to Energy Efficient Solutions
With fossil fuel prices reaching record highs, companies around the world are focusing on energy efficiency to save money and reduce the emissions driving the climate crisis.
Research shows that a safe future...
Energy Community Power System Can Support at Least 30 GW of Renewables Without Additional Investments Into Flexibility
As the energy transition advances in the Energy Community Contracting Parties, the share of power generation from variable renewables such as wind and solar will increase manyfold.
The Energy Community power system with...
EBRD to Invest in Lamda’s Green Bond in Greece
The European Bank for Reconstruction and Development (EBRD) has successfully participated in a green bond issued by Lamda Development in Greece, investing 20 million euros in the total 230 million euros offering.
Lamda...
ABB Opens Global Innovation And Training Campus For Machine Automation At B&R In Austria
ABB opened its new global innovation and training campus at the headquarters of B&R in Eggelsberg, Austria, its global center for machine and factory automation. The new campus will create up to...
How to Create Favorable Environment for Investment and Innovation?
More than 30 years ago, an international financial institution was established in the British capital, whose main goal was to support the transition from a centrally planned economy to an open market...
ABB E-mobility Opens Its Largest DC Fast Charger Production Facility In Italy
ABB E-mobility has today strengthened its position as the world leader in EV charging solutions with the opening of the company’s largest DC fast charger production site to date - the E-mobility...
Global Energy Crisis Shows Urgency Of Accelerating Investment In Cheaper And Cleaner Energy In Africa
Today’s crippling spikes in energy prices underscore the urgency and the benefits for African countries of accelerating the scale up of cheaper and cleaner sources of energy, the IEA says in a...
North Macedonia Adopts National Energy and Climate Plan, Commits to Accelerate Energy Transition During Secretariat’s Visit to Skopje
Director Artur Lorkowski and Deputy Prime Minister for Economic Affairs of North Macedonia, Fatmir Bytyki, agreed to step up cooperation to accelerate the just energy transition during their meeting in Skopje on...
ABB Acquires Controlling Interest in India’s Numocity
ABB announced that its E-mobility division has agreed to acquire a controlling stake in Numocity, a leading digital platform for electric vehicle charging in India. ABB will increase its shareholding to a...
Macedonian Energy Regulator Joins ACER’s Electricity Working Group
On 23 May, the Agency for the Cooperation of Energy Regulators (ACER) and the Energy and Water Services Commission of North Macedonia (ERC) signed an agreement that formalizes ERC’s participation in ACER’s...
EBRD and Donors Help Reboot Small Businesses in North Macedonia
The European Bank for Reconstruction and Development (EBRD) is stepping up cooperation with Komercijalna Banka in North Macedonia by extending a new EUR 2 million credit line. The proceeds will be used...
Kick-off Ceremony Held for Realization of Alexandroupolis FSRU in Greece
The kick-off ceremony for the realization of Gastrade SA's LNG FSRU facility in Alexandroupolis, Greece, was held on Tuesday, May 3, 2022, in the old Storage House of the Alexandroupolis Port Customs.
Once...
EBRD Lends EUR 20 Million to Upgrade Bosnia’s Electricity Transmission Grid
The European Bank for Reconstruction and Development (EBRD) is lending EUR 20 million to Elektroprenos-Elektroprijenos (also known as TransCo), Bosnia and Herzegovina’s transmission system operator, for the modernisation and upgrading of its...
