Croatia, Slovenia to introduce windfall tax
Countries around Europe have already introduced a windfall tax to finance generous subsidies paid to the population and businesses
Italian consortium to build first solar panel factory in Bulgaria
Italy-based IEXE Solar will build the first solar panel factory in Bulgaria in the industrial zone of Yambol
COP27: Deal on loss and damage fund saves climate conference from debacle
At COP27, delegates agreed to establish a fund to help the most vulnerable countries but failed to commit to phasing out all fossil fuels
Serbia to increase prices of electricity, natural gas
Minister Dubravka Đedović earlier indicated that the prices of electricity and gas would be raised, arguing they are unsustainable
Auctions system accelerated renewables expansion in EU, reduced subsidies
The cost of supporting renewables in the EU fell after auctions were introduced while annual capacity additions grew
Europe’s biggest battery energy storage system is online
The Pillswood facility, developed by Harmony Energy, can store up to 196 MWh of electricity in a single cycle
Seven green ventures complete Clim@ Scaler accelerator program
The GGF and Rockstart held a closing event for the first edition of their Clim@ Scaler accelerator program
Ljubuša wind park project in Tomislavgrad in BiH enters concession procedure
The Government of Canton 10 in BiH started the procedure for awarding a concession for the Ljubuša wind park of 80 MW