Power grids require investing USD 3.1 trillion by 2030 to limit global warming
Outdated and inadequate power grids are one of the most significant stumbling blocks for the energy transition, Rystad Energy warned
Monsson to merge its wind farm, PV unit in Romania into hybrid power plant with storage
Monsson Group is developing a hybrid wind-solar-storage project with the largest battery energy storage system in Romania
GGF deepens cooperation with UniCredit Bank Serbia with EUR 50 million renewables loan
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
Strategic hydrogen project IPCEI Hy2Infra, which seven EU member states developed jointly, got a green light from the European Commission
Romania grants EUR 418 million for power distribution grid upgrades
Romania signed deals with the country's regional power distribution system operators for EUR 418.2 million in grants
Serbia’s Vučić rekindles small modular reactor initiative
President Aleksandar Vučić said he spoke with British officials about investments in renewables and small modular reactors
EU agrees law supporting domestic manufacturing of net zero technologies
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
EU proposes 2040 emissions cut target of 90%, spelling end of coal
The European Commission published an impact assessment on possible pathways toward making the European Union climate neutral by 2050