Biden may promise more LNG to EU but US lacks spare capacity
The US president is expected to commit to extra volumes of LNG for Europe even though the global market is tied up in long-term contracts
GGF, MF banka boost green finance for SMEs in BiH
The Green for Growth Fund approved a loan of EUR 5 million for MF banka in Bosnia and Herzegovina for on-lending to SMEs
Fossil fuel giant Occidental to capture carbon on behalf of Airbus
Occidental Petroleum is making the world's biggest CO2 direct air capture and storage system that will lower Airbus's carbon footprint for a fee
Turkish aluminum producer Tosyalı launches world’s biggest rooftop solar project
In cooperation with Huawei and SolarAPEX, aluminum producer Tosyalı is building solar power systems of an overall 140 MW on roofs at all its facilities
EU’s push for Persian Gulf LNG set to worsen energy price inflation
The EU wants to replace Russian gas fast, adding upward pressure on prices. Germany is in talks with Qatar for LNG, but so are Asian countries.
Low water levels paralyze hydropower plants in Albania
Albania extended a national holiday for a day as hydropower plants are struggling with a drought and power demand surpassed production
Turkey to grant 40% to farmers for solar power systems – report
The Turkish government will launch a support scheme for farmers who want to install solar power plants, according to a local media report
Petrović: Republic of Srpska targets 1 GW of renewables by 2029
ERS is building renewable energy plants of 430 MW, General Manager Luka Petrović said and added that private investors have contracts for another 180 MW.