Green for Growth Fund achieves record expansion in 2021
GGF recorded its strongest ever net growth in its outstanding portfolio, with EUR 1.3 billion in green loans to over 42,000 end borrowers
Four power exchanges in Western Balkans to be launched by mid-2023
The inauguration of the power exchanges would be a big step forward as now there is only one operational exchange in the region
Energy Transition Tracker: Energy Community’s coal power output drops 11% in 2021
Coal power production in all nine Energy Community contracting parties has been reduced by 13% to a five-year low last year
European energy prices soar as winter gas supply pessimism mounts
Concerns for the energy security of Europe's economy have become chronic – German Uniper and France's EDF are on the verge of bankruptcy
Natural gas, nuclear energy remain part of EU taxonomy – NGOs to file lawsuit
The European Parliament rejected the motion to exclude investments in natural gas and nuclear energy from the sustainable finance taxonomy
Fossil fuels returned as top energy source in EU power generation in 2021
Among renewable sources, the biggest increase in 2021 was seen in electricity produced from solar energy, 13%,
Floating wind farm project unites fishermen, investors in Ireland
A joint 2 GW floating wind farm project is the first cooperation in the world between the two opposing sectors.
Spanish city of Seville begins to name, classify heatwaves
The time has come to start giving names to heatwaves – like hurricanes – as damage from some of the extreme weather will be historic.