Hydrogen investor becomes Bulgaria’s new energy minister
Bulgaria's new Minister of Energy Rumen Radev is a director of Holding Zagora, which participates in the Stara Zagora hydrogen valley project
BLOW project – pioneering 5 MW floating offshore wind turbine in Black Sea
Renewable energy company Eolink announced it is launching a 5 MW floating offshore wind project off the Bulgarian coast in the Black Sea
EU’s Alliance for Zero Emission Aviation to work on hydrogen, electrification
The EU said the Alliance for Zero Emission Aviation would accelerate the development of electric and hydrogen-powered aircraft
Sarajevo selected for EU’s 100 climate-neutral and smart cities program
Sarajevo will participate in a new EU program with the aim of transforming itself into a smart and climate-neutral city by the end of the decade
EU’s European Innovation Council Fund buys stakes in startups
The EU is supporting innovative startups with direct equity investments for the first time, blending them with grants through the EIC Fund
EU rolls out strategy to boost offshore wind to 300 GW by mid-century
The EU Strategy on Offshore Renewable Energy envisages wind turbine capacity of 300 GW in 2050 and 40 GW more in other ocean energy tech.
EU cuts Just Transition Fund to EUR 10 billion in COVID-19 recovery deal
The European Council reached an agreement on the seven-year budget through 2027 including a mechanism for the recovery from the effects of the coronavirus pandemic worth EUR 750 billion. The EU heads of state and government gave the green light for EUR 10 billion for the Just Transition Fund from the COVID-19 war chest, slashing […]
EU lifts green investment target by EUR 260 billion per year by 2030
The Sustainable Europe Investment Plan will mobilize at least EUR 1 trillion in the next decade, the European Commission has said. The so-called Just Transition Mechanism, which is being set up by the EU with the responsibility for the green investment part worth EUR 100 billion from 2021 to 2027, comes with a support fund […]
