UAE, Montenegro establish strategic green energy partnership
The United Arab Emirates and Montenegro are setting up a partnership for renewables, modern energy infrastructure and advanced technologies
US torpedoes Lukoil’s deal to sell its overseas business to Gunvor
The US Treasury said it wouldn't allow Gunvor to "operate and profit," calling it "the Kremlin's puppet," so the firm gave up on Lukoil
OMV, Masdar to build 140 MW green hydrogen plant in Austria
OMV and Masdar agreed to jointly develop and operate Europe's fifth-largest electrolyzer plant, in Bruck an der Leitha, Austria
EU waters down its 2040 climate target in runup to COP30 in Brazil
The EU upheld its proposed 90% emissions cut target for 2040 ahead of COP30 in Brazil, but with substantial workaround possibilities
Croatia discovers series of geothermal sources suitable for heating
The results of exploration at the Vinkovci GT-1 well in Croatia confirmed the area's significant geothermal potential
Eksim Energy launches production at its Yozgat wind park in central Turkey
Eksim Energy, which operates one of the biggest solar power plants in Turkey, commissioned the first part of its Yozgat wind farm
Romania to roll out flexibility market where you get paid to consume less power
Consumers in Romania will be able to participate in the flexibility services market, getting compensated for cutting their electricity use
Green light in Greece for expansion of future photovoltaic, green hydrogen complex
A firm developing a project for a giant solar park with a green hydrogen plant is doubling the planned electrolyzer capacity