Vienna ranked first among greenest cities in the world
Vienna is the greenest among the 50 most visited cities on the planet, according to the study evaluating the cities’ green and sustainable solutions such as parks, the use of renewable energy sources, public transportation, water consumption, walkability, recycling and air pollution. Resonance Consultancy, which conducted the study, added a green index to its Best […]
Goverments in region to incentivize investments in renewables – PwC study on COVID-19
Governments in the region need to incentivize investments in renewables and reiterate the focus on sustainability, says PwC Croatia in a study called Impact of COVID-19 and Economic Downturn on South East Europe Power and Utility Sector. According to the document, the power and utility (P&U) sector is facing disruption across the value chain. However, […]
Geothermal cogeneration unit to be installed in Babina Greda in Croatia
Municipal authorities are using EU funds to determine the size and temperature of a well at as much as 3,800 meters underground. A study found the heating potential of at least 27 MW together with the possibility to build a power plant of 1 MW or more in Babina Greda in Croatia. The Vukovar-Srijem County […]
Terna: EUR 11 billion in green energy projects to boost Greece’s recovery
The Greek economy may get an enormous push with EUR 11 billion investments in renewable energy and electricity storage projects in the post-coronavirus era. According to Terna Energy’s Chairman Giorgos Peristeris, fully licensed investments in renewables with a total capacity of 2,400 MW are ready, while an additional 5,800 MW of renewable energy projects obtained […]
Sweden installs tallest wooden wind power tower in Europe
Sweden’s first wooden wind tower is now ready on Bjorko island near the city of Gothenburg. The wood construction is as strong as steel and makes the wind turbine climate-neutral from the start, the constructors said. It is not the first wooden wind tower in Europe, but it is much larger than other finished projects. […]
Launch of premiums to trigger investments of EUR 1.6 billion in Croatia
Projects worth HRK 12 billion (EUR 1.6 billion) are prepared and will be implemented after the introduction of the new model of incentives for energy from renewable sources, which envisages premiums, Maja Pokrovac, Managing Director at Renewable Energy Sources of Croatia (RES Croatia), told Balkan Green Energy News. According to her, the coronavirus pandemic indicated […]
Low costs boost demand for renewables during coronavirus crisis
Green energy has been the most resilient to the effects of lockdowns worldwide, said Dave Turk, Acting Deputy Executive Director of the International Energy Agency. The demand for renewables is seen growing 1% this year, while the coronavirus impact may push the level in the overall energy sector as much as 6% lower, according to the […]
PPC Renewables may partner with Motor Oil, Helector in green energy
Greece’s national electricity producer PPC is leaning on its green energy firm for the transition away from conventional and dirty technology. PPC Renewables is developing geothermal, wind and solar projects and establishing ventures, where domestic companies Motor Oil Hellas and Helector emerged as next likely partners. Government-controlled Public Power Corp. SA or PPC is discussing […]