EU to reduce issuing carbon credits by 2,2 percent annually
The European Parliament supported the European Commission’s proposal to reduce the number of carbon credits by 2,2 percent each year from 2021 as against 1,74 percent in the existing legislation. The MEPs are already planning to increase that percentage to 2,4 by 2024 at the earliest, announced the European Parliament. Carbon credits are permits issued […]
Zorlu Energy to distribute First Solar’s PV modules in 26 countries
American solar panel manufacturer First Solar announced that it has entered into a collaborative sales agreement with Zorlu Holding, a Turkish business and industrial conglomerate. Zorlu Energy is to distribute First Solar’s high-performance thin film photovoltaic (PV) modules in 26 selected markets. The sales agreement is the latest of its kind to be signed by […]
European Commission plans to gradually phase out import duties on solar panels from China
The European Commission (EC) College proposed to prolong the import anti-dumping duties on solar panels from China for a further period of 18 months instead of 24 months with a gradual phase-out. Frans Timmermans, EC First Vice-President, announced the proposal at the press conference and said that it will be sent to 28 member states […]
Greece, Cyprus and Egypt to be connected with underwater electric cable
Greece, Cyprus and Egypt signed a memorandum on the completion of a study for the construction of the EuroAfrica Interconnector, an underwater electric cable connecting the power grids of those countries with continental Europe. The 1.648 kilometer cable will be one of the longest in the world, with a capacity of 2.000 MW, and the […]
EUR 50 million for energy efficiency in Western Balkans Six
An EUR 50 million agreement aimed to improve energy efficiency and renewable energy potential in the countries of the Western Balkans Six was signed in Skopje, Macedonia. The agreement was signed by the representatives of the European Commission (EC), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB) and the German […]
E.ON and Clever to install ultra-fast chargers throughout Europe
International energy company E.ON and the electric mobility service provider Clever joined forces in order to set up ultra-fast charging stations for electric vehicles (EVs) along main European motorway corridors. Their plan is to install several hundred stations every 120 to 180 kilometers and they also invited other companies to join their efforts. E.ON and […]
UNECE publishes report on nexus assessment of Sava River Basin resources
Coordinating assessment of water, energy and agricultural needs among riparian countries is the key to sustainable development in the Sava River Basin. This is the main conclusion of the report “Reconciling Resource Uses in Transboundary Basins: Assessment of the Water-Food-Energy-Ecosystems Nexus in the Sava River Basin” published by the United Nations Economic Commission for Europe […]
EU on track to meet 2020 climate and energy targets
The second report on the State of the Energy Union shows that the energy transition in the European Union (EU) is well underway. According to a press release published on the European Commission website, in terms of greenhouse gas emissions, energy efficiency and renewable energy, EU is on track to reach its 2020 targets. The […]