North Macedonia to boost coal-fired power output to avert price hikes
North Macedonia will step up coal-based electricity production to avert price hikes amid soaring prices on the international market.
EU expects Western Balkan countries to offer quality projects for financing under EUR 9 billion plan
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 allocates EUR 3.9 billion from EU recovery funds to zero carbon railway
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’s capital offering to lower Greece’s ownership to minority stake
Greek state-controlled power utility PPC intends to increase its share capital by at least EUR 750 million, but the government won't participate
Poland’s Offshore Wind Sector Deal to bolster economy, save jobs
The Polish government has signed an agreement with the wind industry in order to secure the development of the national wind sector.
Fossil fuel firms sue countries over climate, environmental action
Fossil fuel companies are suing countries around the world, seeking more than EUR 15 billion in damages over climate, environmental action.
Romania’s Oltenia to switch from coal to solar power using proceeds from CO2 permits
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 to establish company for transforming coal land property
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