Development banks adopt climate mitigation finance tracking
Several national and international development banks adopted common norms for tracking projects for the mitigation of climate change effects. Similar principles for tracking adaptation finance and leverage are being developed. The document was published on the Paris Climate Finance Forum. These institutions have been tracking climate finance for only a few years, and their methods […]
Investment in renewables in EU all but ceased last year
Southern Europe is still almost a no-go area for investors in energy from renewable sources because of retroactive policy changes, most recently those affecting solar farms in Italy, said a press release before the launch of the ninth annual report by United Nations Environment Programme (UNEP). The document entitled ’Global Trends in Renewable Energy Investment […]
Conergy launches solar joint venture
Hamburg-based downstream solar specialist Conergy announced the establishment of a company called RKT Conergy, co-owned with the CO Group from Turkey, aimed at expanding in that country’s market. The joint venture will be led by Heinz-Peter Tienken, Conergy’s Vice President responsible for global engineering and service, and Utku Korkmaz, managing director of RKT, CO’s project […]
Slovenia plans to build Morača hydro plant with Turkey
President of Slovenia Borut Pahor said possibilities for expansion of cooperation with Turkey exist, namely in constructing the Morača hydroelectric power plant in Montenegro, RTV Slovenija said. At his official visit to Slovenia, the president of Turkey Recep Tayyip Erdoğan agreed with his counterpart and emphasized that cooperation could grow stronger mainly in the fields […]
Geothermal district-heating pilot project for Bečej
Bečej is one of five municipalities in Serbia which plan to implement a pilot project for using geothermal water for district heating, its website said. Analyses results by the Faculty of Mining and Geology from Belgrade showed Bečej is the only location with cost-effectiveness potential, local officials said at a press conference. The project’s study […]
Generation from renewable sources sets daily record
Strong wind and favorable sunshine on March 22 brought the daily share of power generation from renewable sources to a record 47%, Phileleftheros newspaper’s portal said. Another point is that the transmission system operator handled the extreme situation with ease. At 10 a. m. the active production capacity was 408 MW, out of which 138 […]
Gjiknuri-Pagano: Reform in energy sector on right track
After getting acquainted with the measures and steps taken in electricity sector reform, World Bank directors declared that the challenge of Albanian government is very important and the work is on the right track, AlbReporter portal said. Minister of Energy and Industry Damian Gjiknuri received Patrizio Pagano, executive director at WB in Washington, who was […]
Two thirds of EU may face sanctions for ignoring directive
Nineteen EU member states have missed the deadline to translate the Energy Efficiency Directive (2012/27/EU) into national law by more than nine months, despite the rigorous enforcement of existing efficiency laws being part of the flagship Energy Union project, Publics.bg portal said. Proceedings against Greece, Portugal and Slovenia for failure to fully implement the directive […]
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