UN’s IPCC: Global warming may reach 1.5 degrees already by 2040
Only a drastic CO2 emission cut can prevent the worst global warming scenario, but the 1.5-degree level will still be hit by 2040, IPCC said
Securing EU money for Bulgaria’s energy transition will be difficult without coal phaseout date
Professor Koso Stoychev said Slovakia, Romania and Greece have set dates for phasing out coal, and that Bulgaria must do the same.
Renewable power capacity in Turkey to more than double by 2030 to 50 GW
Green power capacity is expected to increase from 19.07 GW in 2020 to 49.31 GW by 2030, growing at a compound annual growth rate of 10%.
Update: ProCredit Bank Kosovo invites bids for building, operation of 3 MW solar power plant
ProCredit Bank Kosovo has invited bids from interested companies to build and operate a 3 MW grid-connected solar photovoltaic power plant in the municipality of Lipjan.
Montenegro issues calls for energy efficiency in households, solar power for firms
Montenegro prepared a credit package with grants for businesses for photovoltaic systems and interest-free loans for energy efficiency in households
Turkish exporters to EU face EUR 771 million burden due to carbon border tax
Producers of cement, aluminium, electricity, and steel could face additional costs estimated at EUR 399-771 million in 2026.
Greece fast-tracks two PV projects worth half billion euros in total
Greece awarded strategic investment statuses to Enipeas' 700 MW solar power project and Karatzis' proposed cluster of an overall 362.75 MW
Sparkasse Bank Makedonija gets EUR 5 million for green financing for households
The bank also secured a EUR 20 million unfunded risk-sharing facility to reduce the risk weighting and capital requirements on green loans.
