Goldman Sachs sees renewables investment beating oil & gas for first time ever in 2021
Renewable energy investment in 2021 is expected to surpass oil and gas for the first time in history, according to a report recently published by the US-based investment bank and financial services company Goldman Sachs. Next year, renewable energy will become the largest area of spending in the energy industry, accounting for about 25% of […]
Rethinking financial sustainability for biodiversity
Biodiversity can be in the center of sustainable development, yet it requires systematic solutions and diverse mechanisms that enable retainment and reinvestment of funds into conservation. This new sourcebook deals with a range of additional financial instruments that may support planning and thinking about financing biodiversity, ecosystems and protected areas as investments in sustainable development. […]
10 steps Serbia should take on the path of green growth
Author: Danko Kalkan, Green Finance and Environmental Management Expert From an environmental point of view, Serbia is one of the most endangered countries in Europe. What are its four biggest ecological problems and what steps it needs to take in order to catch up with the developed world in terms of sustainable development? In the […]
Global Wind Day: Sweden’s Vattenfall to build world’s biggest offshore wind farm
Swedish state-owned multinational power company Vattenfall has made the final investment decision on building the world’s biggest offshore wind farm, Hollandse Kust Zuid, with a capacity of 1.5 GW. The announcement comes ahead of Global Wind Day, June 15. Vattenfall said that the future wind farm, located in the Dutch North Sea, is targeted for […]
India awards USD 6 billion solar power contract to Adani Green Energy
India’s state renewable energy agency SECI has awarded a USD 6 billion contract to domestic renewables company Adani Green Energy Limited to develop a total of 8 GW of solar power projects over five years and set up solar cell and module manufacturing capacities totaling 2 GW. The first 2 GW of generation capacity will […]
Works on Chinese Linglong’s tire plant complex in Serbia launched last year, but EIA is yet to be published
Chinese tire manufacturer Linglong started building the complex of the future tire factory in Zrenjanin last year, but its Environmental Impact Assessment (EIA) is yet to be published. Authorities in the Vojvodina province, on the other hand, claim that regulations have so far been observed, while the investor’s representative in Serbia has announced that an […]
Electric vehicle prices declining as average range goes up
The prices of electric vehicles have been declining, while their average range has grown, making them more attractive to customers, according to a report by Lux Research, a US-based provider of tech-enabled research and advisory services. Battery electric vehicles (BEV) are consistently making progress on how far they can go, with the average range now […]
EPCG signs agreement on TPP Pljevlja environmental overhaul
Montenegrin state power utility Elektroprivreda Crne Gore (EPCG) has signed an agreement worth over EUR 54 million on an environmental overhaul of its coal-fired thermal power plant (TPP) Pljevlja, a project that will extend the plant’s lifespan by 30 years and greatly reduce its impact on the environment. The agreement on the environmental overhaul was […]
