Von der Leyen targets 55% greenhouse gas emissions cut in EU by 2030

European Commission President Ursula von der Leyen officially lifted the European Union’s 2030 emissions reduction target to 55%. Earlier, the relevant committee in the European Parliament demanded 60%. The EU is preparing an economic recovery package for the Western Balkans. Europe will become a climate-neutral continent by 2050, European Commission President Ursula von der Leyen […]

450 MW offshore wind park to be built in Adriatic Sea

Italy-based energy services company Saipem has announced plans to build one of the first wind farms in the Adriatic Sea in cooperation with two other domestic firms. The offshore wind power plant, described as the biggest in Italy, will have an installed capacity of about 450 MW. Saipem said the planned wind farm will have […]

TENDERING: Energy Community preparing study on hydrogen potential

The Energy Community Secretariat is seeking consultants to conduct a study on the potential of hydrogen technologies and their utilization. The document should provide the state of play of hydrogen technologies, the announcement adds. The study should identify the potential for hydrogen utilization in the contracting parties and provide recommendations on how it could be […]

Hidroelectrica plans to install first offshore wind park in Black Sea

Romania’s biggest power producer laid out an ambitious long-term plan to its shareholders, leaning to a large extent on funds it expects from the European Green Deal. Hidroelectrica proposed to develop capacities in hydropower, biomass, photovoltaics, chargers for electric vehicles, hydrogen and wind turbines including an offshore wind park in the Black Sea of as […]

Low costs boost demand for renewables during coronavirus crisis

Green energy has been the most resilient to the effects of lockdowns worldwide, said Dave Turk, Acting Deputy Executive Director of the International Energy Agency. The demand for renewables is seen growing 1% this year, while the coronavirus impact may push the level in the overall energy sector as much as 6% lower, according to the […]