Wind turbine repairs at Siemens Gamesa amplify Siemens Energy’s multibillion loss
Siemens Gamesa took out EUR 2.2 billion from Siemens Energy's results due to quality issues and rising costs in the wind power business
Earth Overshoot Day 2023 – humanity’s biocapacity consumption turns unsustainable
Earth Overshoot Day for 2023 falls on August 2. It is when humanity's consumption of natural resources and services turns unsustainable for the rest of the year.
Have your say on EU heat pump action plan – fill out European Commission’s online questionnaire!
The European Commission is seeking feedback on its heat pump action plan, aimed at reducing dependence on natural gas
EU aligns sustainability reporting with global standards, but slammed for ‘watering down’ requirements
The new rules have drawn criticism for “watering down” the sustainability reporting requirements and smoothing the way for greenwashing
Sweden blocks Vattenfall’s offshore wind project to protect nature, shipping
The proposed wind farm would have produced between 2.5 TWh and 3 TWh a year, an equivalent of 1.5% of Sweden’s electricity consumption
Renewables are gathering momentum at an important time for the Western Balkans
Several countries in the region made significant strides in the green energy transition and the rollout of auctions was a major factor, EBRD Director for Western Balkans Matteo Colangeli wrote in an op-ed for Balkan Green Energy News
Green for Growth Fund invests in NLB green bond
The fund said it aims to provide support specifically for various projects in the field of renewable energy in BiH, Kosovo*, Montenegro, North Macedonia, and Serbia
EU adopts new Energy Efficiency Directive, sets 2030 target at 11.7%
Member states agreed to collectively ensure that final energy consumption in 2030 is at least 11.7% lower than what was forecasted in 2020
