Securing EU money for Bulgaria’s energy transition will be difficult without coal phaseout date
Professor Koso Stoychev said Slovakia, Romania and Greece have set dates for phasing out coal, and that Bulgaria must do the same.
Renewable power capacity in Turkey to more than double by 2030 to 50 GW
Green power capacity is expected to increase from 19.07 GW in 2020 to 49.31 GW by 2030, growing at a compound annual growth rate of 10%.
Turkish exporters to EU face EUR 771 million burden due to carbon border tax
Producers of cement, aluminium, electricity, and steel could face additional costs estimated at EUR 399-771 million in 2026.
Sparkasse Bank Makedonija gets EUR 5 million for green financing for households
The bank also secured a EUR 20 million unfunded risk-sharing facility to reduce the risk weighting and capital requirements on green loans.
EPCG launches Solari 500+ project – installation of solar panels on firms, public institutions
State-owned power utility has decided to launch the Solari 500+ program as an extension of the Solari 3,000+ project, intended for households.
Albania, Serbia among 81 Paris Agreement signatories that haven’t sent new emission cut targets
By the July 30 deadline, 110 parties to the Paris Agreement or 58% submitted new or updated nationally determined contributions or NDCs.
Training in solar, wind energy to improve job prospects for Syrian refugees
They will gain the skills thanks to a new network of renewable energy laboratories established by the UNDP.
MET Group acquires 60 MW Suvorovo wind farm in Bulgaria
The gas and power trader and electricity producer has acquired 100% of the firm from Spain-based Grupo Enhol.