Ten lessons learned from the pandemic crisis to be applied in combating climate change
Author: Danko Kalkan, Green Finance and Environmental Management Expert at ProCredit bank What are the similarities and differences between the pandemic and climate crisis and why is the latter underrated? Although there are numerous similarities between these two types of crisis, they are fundamentally different. Still, there are several lessons we could learn and apply […]
Land lease agreement signed for Brajići wind farm
A consortium led by German renewable energy firm wpd has signed a land lease agreement for wind farm Brajići near the Montenegrin coastal city of Budva, a project valued at EUR 101.3 million. The Brajići wind farm, with an installed capacity of slightly over 100 MW, is projected to generate around 220 GWh of clean […]
Five cities in South East Europe aim to become carbon-neutral by 2030
Five cities in five different South East European countries are part of a project that aims to make them carbon-neutral as early as 2030, with a funding model for such an ambitious transformation to be designed in a way that will not increase the existing debt burden on either the public or the private sector. […]
Croatia offers EUR 27 million in grants for energy renovation of family houses
Croatia’s Environmental Protection and Energy Efficiency Fund will start receiving applications for grants to support the energy renovation of family houses on September 1. The budget for the program is about EUR 27 million. Individual applicants can receive up to EUR 27,000 to cover up to 60% of the costs of investments aimed at improving […]
Protesters in North Macedonia threaten escalation amid power price hike
The impact of the COVID-19 pandemic and an unfavorable hydrological situation prompted the Energy Regulatory Commission to accept the increase in prices proposed by power companies in North Macedonia. The third round of protests is scheduled for today and consumers want the independent body to be disbanded and electricity tariffs to be slashed by 46%. […]
Final turbine installed at Europe’s biggest onshore wind complex Fosen
The 1.06 GW Fosen complex in central Norway, Europe’s largest onshore wind power project, has seen its final turbine installed. The last of the 277 turbines supplied by Vestas was erected at the sub-project Geitfjellet, Recharge has reported, quoting the project’s majority owner, Norwegian state-controlled power utility Statkraft. Statkraft CEO Christian Rynning-Tønnesen has recently said […]
Hvar energy transition strategy seeks to make Croatian island energy self-sufficient
The Croatian island of Hvar has unveiled its long-term energy transition strategy, aiming to become energy self-sufficient by 2035. The first pillar of the Hvar energy transition involves several objectives, including the construction of planned solar power plants, the installation of photovoltaic (PV) systems on public and corporate buildings, as well as on private facilities, […]
Earth Overshoot Day is August 22 but Balkans already spent most of 2020 environmental credit
The COVID-19 pandemic reduced the overconsumption of nature’s capacity to levels from 15 years ago, but it doesn’t guarantee a permanent reversal in the trend, according to data behind the Earth Overshoot Day model. If we look at the environmental impact by country from the start of the year, only one in the Balkans isn’t […]