Tag: renewable energy

Czechia Updates National Climate and Energy Plan: Focus on Renewable Energy and Nuclear Power

At the end of 2024, the Government of the Czech Republic approved the update of the National Climate and Energy Plan, a joint initiative developed by the Ministry of Industry and Trade...

Germany Sets New Record – 62.7 percent of Electricity from Renewables in 2024

According to an analysis by Germany's Fraunhofer Institute for Solar Energy Systems ISE, the country achieved a new milestone in 2024, with renewable energy sources accounting for 62.7 percent of net public...

EBRD Supports the Largest Onshore Wind Project in Africa

The European Bank for Reconstruction and Development (EBRD) is promoting renewable energy and low‑carbon technologies in Egypt by arranging a syndicated loan worth 275 million USD for the construction and operation of...

Solar Power Plant “B2 Sunspot” Commissioned in Kikinda

The center of the North Banat District - Kikinda municipality - has gained another pillar of energy security after the trial operation of the "B2 Sunspot" solar power plant began on Friday,...

European solar sector issues yellow card as market data reveals 92 percent growth decline and investment slump

After four years of soaring growth, the EU solar sector has hit its first deployment slowdown of the 2020s, dropping from 53 percent growth in 2023 to 4 percent in 2024. This...

Reliable Solution – Solar Energy

An increasing number of companies recognize the benefits of investing in sustainable energy. This trend is driven by the pursuit of decarbonization and climate neutrality goals and as a response to the...

Renewables account for 24.5 percent of EU energy use in 2023

In 2023, 24.5 percent of gross final energy consumption in the EU came from renewable sources, up by 1.4 percentage points compared with 2022. This share is 18 percentage points (pp) short of meeting the 2030 target...

Green Projects – TENT A Gets A Solar Power Plant

T he Nikola Tesla Thermal Power Plants (TENT) are a critically important pillar of Serbia’s energy system and a major stakeholder in Southeastern Europe. With a total capacity of 3,429.5 megawatts, TENT...

How Renewing Old Wind Turbines Contributes to Greater Energy Production Efficiency

Wind energy is not a new way of producing renewable energy, as the first commercial wind farms began to be built in the second half of the 20th century. Consequently, a growing...

European Commission Invests 2.4 Billion Euros in Green Technologies

The European Commission has announced a new call for proposals under the Innovation Fund program, aimed at supporting the development of low-carbon technologies. The total budget of the call amounts to 2.4 billion...

Construction Progresses on the „Kostolac” Wind Farm

The construction of the „Kostolac” wind farm is currently underway, set to provide electricity for over 30,000 households. This 144 million euros investment is financed through German development cooperation: KfW Bank has...

How Did Pakistan Experience a „Solar Boom”?

The rapid expansion of solar energy in Pakistan, driven primarily by market forces and minimal political support, serves as a valuable example for other developing markets. The drop in solar panel prices,...

Serbia: Second Round of Auctions for Renewable Energy Market Premiums Begins

The second round of auctions for the allocation of market premiums for renewable energy sources in Serbia, where investors will compete for a total quota of 424.8 MW, has been officially announced. The...

Brazil’s Achievements in Renewable Energy Surpass Global Average

In recent years, China has emerged as a major player in the development of Brazil's energy infrastructure through significant investments. Recently, the presidents of the two countries signed 40 international agreements across...

The Future od Green Energy in Romania

Romania is among the countries with a diverse and balanced energy mix, with a strong reliance on hydropower, efficient nuclear reactors, and wind farms, while coal and natural gas are also present...

COP29: Climate Financing Set as a Priority

The United Nations Climate Change Conference 2024 (COP29) opened on November 11 in the capital of Azerbaijan, Baku, and will last until November 22. On the first day of the Conference, the COP29...

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