Aydem renewables unit may reach USD 1.5 billion in stock market debut
Aydem Holding reactivated the plans to float its green energy portfolio at the Istanbul exchange, aiming to raise USD 300 million
Global warming is on pace for catastrophic 3.3º C without drastic measures
Up to USD 130 trillion in new investments is necessary to avert the current global warming scenario.
Microsoft joins Norway’s pioneering CO2 capture, storage project
Various plants will be able to implement the CO2 capture and storage solutions that Microsoft is developing for Northern Lights
Croatian manufacturers to get EUR 35 million for energy efficiency, renewables projects
The Croatian Ministry of Economy and Sustainable Development will issue a second public call for grants to co-finance energy efficiency and renewables projects in manufacturing industries. The call will be issued on October 15, and the total budget is slightly over EUR 35 million. The funding for energy efficiency and renewables projects in the manufacturing […]
Greek fossil fuel companies expanding their renewables portfolios
Hellenic Petroleum asked the EBRD for a EUR 75 million loan for a solar power project of 204 MW and its domestic competitor Motor Oil bought a 40 MW wind power plant. Major Greek firms are turning to renewables as energy transition gains traction. The drop in costs for the equipment for green energy production […]
Plastic – between benefit and harm
Author: Danko Kalkan, Green Finance and Environmental Management Expert Plastic is undoubtedly one of the most significant contemporary materials. However, its overuse comes at a price. There is no material today that is as ubiquitous in everyday life as plastic. Its widespread use in all sectors – from packaging production to construction to the automotive […]
Norway sets aside EUR 2.1 billion to develop carbon capture, storage
Equinor is working with Shell and Total on transferring liquefied CO2 through a pipeline to below the seabed so that it isn’t released into the atmosphere. Norway approved EUR 2.1 billion in state aid for the carbon capture and storage (CCS) project for a cement factory and a waste incinerator. Regulators have agreed with the […]
Will the EU’s hydrogen strategy undermine the 2050 climate neutrality goal?
The European Commission has unveiled a strategy to scale up hydrogen production as part of efforts to decarbonize hard-to-abate sectors, but environmental organizations have warned the hydrogen strategy could be a “double-edged sword” that will extend the use of fossil fuels in the European Union (EU) and undermine its 2050 climate neutrality target. The hydrogen […]