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Tag: decarbonisation
Backing Romania’s Green Ambition with 110 Million Euros Finance Package
The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International are providing a 110 million euros financing package to build and operate two solar photovoltaic power plants in south-eastern Romania,...
EBRD Arranges 40.1 Million Euros Financing to Elektroprivreda BiH towards Bosnia and Herzegovina’s Green Transition Â
The European Bank for Reconstruction and Development (EBRD) is providing a EUR 25.1 million loan to Elektroprivreda Bosne i Hercegovine (EPBiH), the largest public electricity generation and distribution utility in Bosnia and...
Sustainable Development Must Be More Than Just an Empty Phrase
Sustainable development is a phrase used today by all companies in their reports and an excellent backdrop for PR stories. However, sustainability is often used only as an empty phrase, and companies...
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...
Rapid Expansion of Batteries Will Be Crucial to Meet Climate and Energy Security Goals Set at COP28
Growth in batteries outpaced almost all other clean energy technologies in 2023 as falling costs, advancing innovation and supportive industrial policies helped drive up demand for a technology that will be critical...
Record Reduction of 2023 ETS Emissions due Largely to Boost in Renewable Energy
Last year’s emissions under the EU’s Emission Trading System (ETS) show the most significant annual emissions reductions since the ETS was launched in 2005. The main driver is the power sector’s significant...
Record Growth in Renewables, but Progress Needs to be Equitable
Renewable Capacity Statistics 2024 released by the International Renewable Energy Agency (IRENA) today shows that 2023 set a new record in renewables deployment in the power sector by reaching a total capacity...
It is time for CCUS to deliver
Carbon capture, utilisation and storage (CCUS) is an important part of the technology portfolio for meeting net zero ambitions. In the IEA’s Net Zero Emissions by 2050 (NZE) Scenario – which lays...
WOODEN WIND TURBINE AS A MORE SUSTAINABLE FUTURE OF WIND ENERGY
Most people are aware that renewable energy plants are being developed to achieve decarbonisation goals, but their energy production does produce emissions. One company has come up with a way to make...
Net-Zero Industry Act: Council and Parliament strike a deal to boost EU’s green industry
The Council and the European Parliament reached a provisional deal on the regulation establishing a framework of measures for strengthening Europe’s net-zero technology products manufacturing ecosystem, better known as the ‘net-zero industry...
Paving the way towards a sustainable energy future
The 21st Energy Community Ministerial Council will take place on 14 December in Vienna under the presidency-in-office of Albania of the Energy Community.
The Council will be chaired by Deputy Prime Minister of...
Enhancing infrastructure can help boost Denmark’s clean energy investment
Denmark’s energy and climate ambition in sectors such offshore wind, biomethane and district heating are transforming the country’s energy system and reinforcing its image as a clean energy leader toward net zero...
IRENA and DP World Join Forces to Advance Decarbonisation Solutions for Ports and Maritime Logistics
The International Renewable Energy Agency (IRENA) has signed a collaboration agreement with DP World, a UAE-based global supply chain solutions company. Through the agreement, the two organizations will collaborate on decarbonising the...
Why AI and energy are the new power couple
Power systems are becoming vastly more complex as demand for electricity grows and decarbonisation efforts ramp up. In the past, grids directed energy from centralised power stations. Now, power systems increasingly need...
Stepping up in renewables towards energy stability
Alessandro Bragonzi, Head of Regional Hub for the Western Balkans, one of the participants in the OIE Serbia 2023 conference, organized by the Association of Renewable Energy Sources of Serbia, wrote for...
EBRD and EU to Support Transition to Solar Energy in North Macedonia
Decarbonisation plans in North Macedonia are taking a big leap forward. The European Bank for Reconstruction and Development (EBRD) is lending EUR 25 million to ESM, the state-owned electricity company, to build...