decarbonization
IFC approves loan for Serbia’s largest biomass CHP project to decarbonize paper industry
26 February 2024 - IFC facilitated a loan package of EUR 106 million for Serbian tissue paper producer Drenik ND, which is about to build a biomass CHP plant
Viktor Andonov joins Belgrade Energy Forum 2024 in May: ESM earmarks EUR 1 billion for decarbonization
26 February 2024 - Viktor Andonov from North Macedonia's power utility Elektrani na Severna Makedonija (ESM) will participate at Belgrade Energy Forum 2024
Power grids require investing USD 3.1 trillion by 2030 to limit global warming
21 February 2024 - Outdated and inadequate power grids are one of the most significant stumbling blocks for the energy transition, Rystad Energy warned
GGF deepens cooperation with UniCredit Bank Serbia with EUR 50 million renewables loan
20 February 2024 - UniCredit Bank Serbia obtained a EUR 50 million loan from GGF for utility-scale renewables projects, strengthening its ties with the fund
EU approves EUR 6.9 billion in state aid for hydrogen infrastructure
19 February 2024 - Strategic hydrogen project IPCEI Hy2Infra, which seven EU member states developed jointly, got a green light from the European Commission
Curbing energy demand: not tomorrow, but now
19 February 2024 - Europe is bringing CO2 emissions down, by 8% last year, with two powerful strategies: expanding renewables and reducing energy demand
Romania grants EUR 418 million for power distribution grid upgrades
19 February 2024 - Romania signed deals with the country's regional power distribution system operators for EUR 418.2 million in grants
Industry’s participation in power market to be discussed at meeting organized by SEEPEX, PKS
16 February 2024 - The aim is to open a dialogue between all stakeholders on the further development of Serbia’s electricity market
Pivotal project aiming to reshape energy landscape in Serbia was finalized successfully
15 February 2024 - The IPA financed project "Further Development of Energy Planning Capacities" has served as an example of collaboration among all the energy sector stakeholders in the country for methodological strategic planning
Bulgaria, US sign intergovernmental agreement on nuclear energy cooperation
13 February 2024 - The two countries have signed a deal to build a new nuclear power plant at the site of the existing NPP Kozloduy, the Bulgarian goverment said
EU agrees law supporting domestic manufacturing of net zero technologies
08 February 2024 - The Net Zero Industry Act, NZIA, will be aimed at enabling EU manufacturing capacity for net zero technologies to reach at least 40% of demand by 2030
EUKI invites climate projects to apply for grants for eighth year in row
07 February 2024 - The European Climate Initiative (EUKI) has once again opened a call for donations for cross-border climate action projects
EU proposes 2040 emissions cut target of 90%, spelling end of coal
07 February 2024 - The European Commission published an impact assessment on possible pathways toward making the European Union climate neutral by 2050
Kosovo* to subsidize solar panels for prosumers, solar thermal systems
07 February 2024 - Kosovo* is using an EU grant for public calls for families and firms to install solar power panels and solar thermal collectors
EU rules out measures against imports of solar panels from China
06 February 2024 - European solar manufacturers are struggling amid cheap imports from China, but the European Commission prioritizes climate goals
Greece’s coal region turns to PV, heat pumps for district heating
05 February 2024 - Closing lignite power plants in the coal regions of Western Macedonia and Megalopolis in Greece implies a big change in their economic model