IEEFA: GE lost billions in market capitalization by misjudging energy transition
According to a report by the Institute for Energy Economics and Financial Analysis (IEEFA), General Electric (GE) lost USD 193 billion or 74% of its market capitalization over 2016-2018. “This value destruction was driven in large measure by the collapse of the new thermal power construction market globally – a collapse which caught GE entirely […]
Top 3 in May: Smart Cities, Biodiversity, Bulgaria’s electricity export tariff
Our coverage of the Smart City SEE19 international conference held in Belgrade made it to the number one spot on our English-language Top 3 Most Read list for May. The list is also available for our portal’s Serbian/local language version. 1 – Smart city concept: digitalization, e-mobility, renewables, smart grids Urban sprawl requires and is […]
Falling costs reaffirm renewables as low-cost solution to boost global climate action – IRENA
In most parts of the world today, renewables are the lowest-cost source of new power generation. As costs for solar and wind technologies continue falling, this will become the case in even more countries, the latest report from the International Renewable Energy Agency (IRENA) shows. The cost of electricity from bioenergy, hydropower, geothermal, onshore and […]
Renewable technology: What to look out for in upcoming years
Author: Marcus Franck, Co-founder of Smart Renewable Heat Renewable energy is a force to be reckoned with. As environmental protests reach an unprecedented scale, there is huge activity and innovation in this sphere. We’re all in this together: international organizations, national governments, local authorities, and private industry players. Smart innovation impacts the Balkans as much […]
World Bee Day: Pollinators key for food production, biodiversity dying off at alarming rate
Did you know that a man from the South-East European region is one of the fathers of modern beekeeping techniques? Anton Janša was born on May 20, 1734 on the territory of today’s Slovenia, and the United Nations have declared his birthday World Bee Day. Another reason this day is marked in May is the […]
“Transformative change” urged to tackle nature decline as one million species face extinction
The Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) has urged “transformative change” to tackle “unprecedented” rates of nature decline and species extinction, which are now likely to have grave impacts on people around the world. A landmark report by IPBES, which examines the relationship between economic development pathways and their impacts on nature, […]
Top 3 in April: Renewables’ share of global capacity, Equinor, Bulgaria’s electricity export tariff
The International Renewable Energy Agency’s (IRENA) announcement that total renewable energy generation capacity reached a third of total installed electricity capacity worldwide at the end of 2018 made it to the number one spot on our English-language Top 3 Most Read list for April. The list is also available for our portal’s Serbian/local language version. […]
Ford to invest USD 500 million in electric vehicle startup Rivian
Ford Motor Company will invest USD 500 million in electric vehicle (EV) startup Rivian, the company said on its website. In addition to the investment, the companies have agreed to work together to develop an all-new, next-generation battery EV for Ford’s growing EV portfolio using Rivian’s skateboard platform. According to Ford, Rivian already has developed […]
