Renewables
Global energy emissions, fossil fuel use hit all-time highs in 2023
20 June 2024 - Global emissions from energy increased 2% year on year in 2023, exceeding 40 gigatons of CO2 for the first time ever
Global energy transition slows down amid economic, political volatility – report
20 June 2024 - European countries lead the World Economic Forum Energy Transition Index 2024 rankings, with Sweden at the top
Masdar to take over Terna Energy in deal worth EUR 3.2 billion
20 June 2024 - Masdar is expanding in Greece and Europe by buying Terna Energy for EUR 2.4 billion, translating to an enterprise value of EUR 3.2 billion
Global solar power capacity hits 1.6 TW after 87% surge in new installations in 2023
19 June 2024 - In 2023, the world installed 447 GW of new solar capacity, compared to 239 GW added in 2022, says SolarPower Europe
WindEurope on EU elections – center-right expected to partly revise European Green Deal
19 June 2024 - Electricity-intensive industry and WindEurope are seeking assurances on the European Green Deal from EU leaders, following the elections
OMV Petrom to produce sustainable fuels, green hydrogen in Romania
19 June 2024 - The Petrobrazi refinery will become the first major producer of sustainable fuels in Southeast Europe, OMV Petrom said
DTEK’s subsidiary DRI buys 126 MW solar power project in Romania
19 June 2024 - Renewable energy company DRI acquired its third project in Romania. The Văcărești solar farm is planned to have 126 MW in capacity.
Iberdrola plans Portugal’s first wind-hydro hybrid power project
18 June 2024 - A 274 MW wind farm will be linked to the Tâmega hydropower complex in Portugal's biggest hybrid energy project, says Iberdrola
Sweden opts against subsea interconnector with Germany over power price concerns
18 June 2024 - The Hansa PowerBridge subsea interconnector would have facilitated renewable electricity transmission from Scandinavia to Germany
China accounts for 71% of world’s new offshore wind capacity in 2023
18 June 2024 - GWEC said China commissioned offshore wind power plants of 6.3 GW in overall capacity in 2023 or 71% of the world's total
Croatia launches second phase of premiums auctions for wind, solar, hydropower
17 June 2024 - The premiums will be awarded for 150 MW in wind farms, 450 MW in solar parks, and 7.25 MW in hydropower plants
Chinese eye Hrgud wind farm project in BiH after German pullout
17 June 2024 - Despite an official notification that Germany's KfW bank is pulling financing for the Hrgud wind farm, ERS is not giving up on the project
Rezolv secures EUR 291 million loan for Vifor wind farm in Romania
14 June 2024 - The beneficiary of the loans is First Looks Solutions S.R.L., project subsidiary of Rezolv Energy and Low Carbon
Bulgaria’s NEK gets help to prepare construction of two large pumped storage hydropower plants
14 June 2024 - The pair of new renewable energy sources, named Batak and Dospat, will each add generation capacity of approximately 800 MW
Croatia’s long-awaited grid connection fee may unlock EUR 1 billion in renewables investment
13 June 2024 - By 2030, Ivo Milatić expects renewable sources will account for 8 GW of Croatia’s 10.5 GW electricity production capacity
D&G ideas as a response to the challenges of the energy transition or how we came to love Baudrillard
13 June 2024 - We discussed the European electricity market post-energy crisis, delving into its causes, as well as future trends in the energy market and global economy development, with SEEPEX director, Miloš Mladenović