European heat pump sales drop in 2023, resulting in layoffs
Heat pump sales tumbled 4.7% last year in 14 countries tracked by the European Heat Pump Association (EHPA)
IFC approves loan for Serbia’s largest biomass CHP project to decarbonize paper industry
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
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
Curbing energy demand: not tomorrow, but now
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
Romania signed deals with the country's regional power distribution system operators for EUR 418.2 million in grants
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
Kosovo* to subsidize solar panels for prosumers, solar thermal systems
Kosovo* is using an EU grant for public calls for families and firms to install solar power panels and solar thermal collectors
Turkey to enable wind, solar power projects on lakes
Turkey's parliament is about to vote on a proposition to allow solar and wind power projects on lakes, reservoirs and seas