German E.ON to invest EUR 210 million in power business in Romania
E.ON earmarked EUR 375 million for capital expenditure by 2023 in Romania, of which EUR 210 million is for the electric power division. It is also developing energy products and services and electric mobility infrastructure. Marking 15 years since the entry into Romania, E.ON said its priority has been the rehabilitation and modernization of distribution […]
HEP starts building Croatia’s biggest solar power plant
State power utility Hrvatska elektroprivreda (HEP) has launched works on Croatia’s biggest solar power plant, with an installed capacity of 6.5 MW. The plant, located on the island of Cres, will cost about EUR 5.43 million to build. The ground-breaking ceremony for the biggest solar power plant in Croatia was attended by Minister of Maritime […]
Serbian Innovation Fund backs 35 projects, issues call for another EUR 6 million
The Innovation Fund has said it granted EUR 5 million in total as it completed a public call through its Collaborative Grant Scheme Program and the Mini Grants Program. Serbia’s government institution immediately published an open invitation for EUR 6 million more. Among the 234 applicants in Serbia, 22 new firms and startup teams and […]
Greece introduces subsidies for electric vehicles of EUR 100 million
The Greek government has secured EUR 100 million for subsidies for the purchase of electric vehicles (EVs). The funds are planed for a period of 18 months. This is the first phase in the government’s program to enable faster uptake of EVs. The goal is to have one in three new vehicles powered by electricity […]
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 […]
Pipistrel gets first ever type certificate for electric airplane from EASA
The Pipistrel Velis Electro is the world’s first fully electric airplane to receive Type Certification. It is a two-seater, intended primarily for pilot training. Pipistrel said it type certified its battery-powered aircraft Velis Electro at the European Union Aviation Safety Agency – EASA. The Slovenian startup stressed the airplane was designed to be simple to […]
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 […]
Beyond Leather wins clim@ 2020 competition with apple-based clothing material
The clim@ 2020 finals were held online today and the top 15 startups held virtual presentations to the judges. They decided Beyond Leather from Denmark was the best project, with its vegan product for the fashion industry. The contest is organized by Finance in Motion on behalf of the Green for Growth Fund (GGF). Renewable […]