EU signs up to COP31 Global Geothermal Ambition 2050
The EU joined the global geothermal energy pledge. Launched by the Turkish COP31 Presidency with IRENA, it aims to scale up the segment's power and heat supply 12 times by 2050.
Azerbaijan, Bulgaria, Georgia, Turkey launch clean energy strategic partnership
Energy ministers of Azerbaijan, Bulgaria, Georgia and Turkey signed the Agreement on a Strategic Partnership in the Field of Clean Energy on the sidelines of COP31
COP31 opens amid warnings that 2026 will be among hottest years on record
The United Nations Climate Change Conference COP31 opened yesterday in Antalya, Turkey
704 MW offshore wind farm in US reaches full operation despite Trump’s obstruction
The Revolution Wind offshore wind farm, developed by Ørsted and Skyborn Renewables, is selling electricity under offtake agreements with three US utilities
MOL Group indicates progress in takeover of Serbian rival NIS
The US has issued a license to MOL Group, headquartered in Hungary, for preparatory transactions for acquiring Gazprom-owned Serbian oil refiner and distributor NIS
LONGi’s Jiaxing and Chuzhou facilities achieve SSI supply chain traceability Gold certification
Key PV module manufacturing facilities of LONGi Green Energy Technology in Jiaxing and Chuzhou achieved Gold certification, the highest under the SSI Supply Chain Traceability Standard
US extends license for talks on MOL’s takeover of NIS
The US Treasury Department issued licenses to Hungarian MOL to continue talks on the acquisition of NIS, and to the Serbian company to continue operating
GECO power corridor from Azerbaijan to Hungary to cost EUR 14.3 billion
The proposed Green Energy Corridor from Azerbaijan to Hungary is valued at EUR 14.3 billion, plus EUR 7.8 billion for renewables capacity. The route passes under the Black Sea.
