Bulgaria plans phase out coal 2040

Bulgaria developing plans to phase out coal by 2040

12 October 2021 - After the upcoming election, Bulgaria's parliament is set to choose between three scenarios for a coal exit: by 2035, 2038 and 2040

RWE Renewables 2 GW solar deal Greece PPC Renewables

RWE Renewables inks 2 GW solar deal with Greece’s PPC Renewables

08 October 2021 - RWE and PPC agreed their renewables subsidiaries would build large-scale solar projects with a total capacity of up to 2 GW in Greece

EU Western Balkans Green Agenda Action Plan

Adopted Green Agenda Action Plan for Western Balkans brings EUR 9 billion in grants, 2024 deadline to align with EU ETS

06 October 2021 - The EU prepared a EUR 30 billion investment package and the Western Balkans must implement climate action reforms from Green Agenda Action Plan

coal-mining-electricity-output

North Macedonia to boost coal-fired power output to avert price hikes

06 October 2021 - North Macedonia will step up coal-based electricity production to avert price hikes amid soaring prices on the international market.

ursula-von-der-leyen-plan-western-balkans

EU expects Western Balkan countries to offer quality projects for financing under EUR 9 billion plan

30 September 2021 - The EU hopes the overall package that goes into Green Deal projects, digitalization, and resilience in the Western Balkans could reach nearly EUR 30 billion.

Romania EUR 3 9 billion EU recovery funds zero carbon railway

Romania allocates EUR 3.9 billion from EU recovery funds to zero carbon railway

30 September 2021 - The European Commission accepted Romania's EUR 29.2 billion National Recovery and Resilience Plan, of which 41% goes to green and climate investments

PPC capital offering Greece ownership minority stake

PPC’s capital offering to lower Greece’s ownership to minority stake

28 September 2021 - Greek state-controlled power utility PPC intends to increase its share capital by at least EUR 750 million, but the government won't participate

Polish Offshore Wind Sector Deal signed energy transition must be planned

Poland’s Offshore Wind Sector Deal to bolster economy, save jobs

24 September 2021 - The Polish government has signed an agreement with the  wind industry in order to secure the development of the national wind sector.

oil-rig-fossil-fuel-companies-lawsuits

Fossil fuel firms sue countries over climate, environmental action

20 September 2021 - Fossil fuel companies are suing countries around the world, seeking more than EUR 15 billion in damages over climate, environmental action.

Romania Oltenia switch coal solar power proceeds CO2 permits

Romania’s Oltenia to switch from coal to solar power using proceeds from CO2 permits

16 September 2021 - Romania hopes to get most of the EUR 671 million for solar power plants in coal complex CE Oltenia from the EU's Modernization Fund

Greece company transforming coal land property

Greece to establish company for transforming coal land property

03 September 2021 - The government in Athens is preparing a bill for a just development transition of its coal regions as the use of the harmful fossil fuel is being phased out

Kosovo's coal plant KEK solar power 100 MW

Kosovo’s* coal plant operator KEK plans solar power plant of 100 MW

20 August 2021 - Within its decarbonization process, KEK will develop infrastructure for the production of green energy, including a solar power plant of 100 MW

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